Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s President Yoon Suk Yeol has replaced his defence minister as he and his ruling party try to stave off an impeachment bid following his failed attempt to impose martial law. Yoon on Thursday

Kuala Lumpur, Malaysia – In one of his first appearances of the year, South Korean President Yoon Seok Yeol pledged to boost confidence in the country’s stock market, which is famed for being undervalued compared with its peers. As the curtain closes on 2024, Yoon has achieved the opposite, rattling markets with a short-lived declaration

SEOUL, South Korea — South Korean President Yoon Suk Yeol’s party vowed Thursday to oppose efforts to impeach him over his failed attempt to impose martial law in the East Asian democracy, as opposition lawmakers said they would vote on the motion Saturday. The timing of the vote was announced as Yoon accepted the resignation

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Should Yoon stay or go? South Koreans speak to the BBC in Seoulpublished at 03:27 Greenwich Mean Time 03:27 GMT Tessa Wong & Leehyun Choiin Seoul Image source, Reuters Lawmakers kickstarted a process to impeach Yoon on Wednesday, and in South Korea there is growing support for this move. One poll has found that 73.6%

By Tom Westbrook SINGAPORE (Reuters) -Bitcoin broke $100,000 on Thursday as investors bet on a friendly regulatory shift in the U.S., while Asian stocks were firm after Wall Street indexes notched record highs on growing confidence in U.S. interest rate cuts. hit the $100,000 mark in the Asia morning and was last at $101,300. “At

South Korean President Yoon Suk Yeol’s surprising short-lived move to declare martial law, which drew condemnation from opposition lawmakers, to root out “anti-state” forces was a “blunder” and possibly an attempt to “reassert himself,” an expert says.  Opposition parties moved Wednesday to impeach the president, which would require the support of two-thirds of the 300-seat

The year is drawing to a close, and what a year it has been for the stock market. As of this writing, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are up 26%, 28%, and 19%, respectively. That said, there are many growth stocks that have far outpaced the benchmark indexes and could

Market Closed – USA 04:39:11 2024-12-04 pm EST After hours 04:01:11 pm 6,086.49 PTS +0.61% 6,085.48 -0.02% This article is reserved for members Not a member ? Free registration Tech rally, Powell comments boost indexes to record closing highs Dec. 04 RE Astera Labs Insider Sold Shares Worth $13,593,865, According to a Recent SEC Filing

All three major US stock indexes scored record closing highs on Wednesday as technology shares rallied after upbeat results from Salesforce and as comments by Federal Reserve Chair Jerome Powell gave a late boost to the market. The Dow Jones Industrial Average finished above 45,000 for the first time, climbing 308.51 points, or 0.7%, to 45,014.04. The S&P

Backed into a political corner, with a hostile parliament and tanking approval ratings, South Korea’s President Yoon Suk Yeol opted for the nuclear option. In a late-night televised address, the beleaguered president and former prosecutor announced he was imposing martial law. “To safeguard a liberal South Korea from the threats posed by North Korea’s communist

U.S. stocks rose on Wednesday after tech companies reported better-than-expected revenue boosted by using artificial intelligence (AI). Stock Indexes Climb The three major stock indexes, which measure how stocks perform, were up early Wednesday. The S&P 500 climbed 0.4 percent in morning trading while the Dow Jones Industrial Average went up 181 points (0.4 percent)

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Does Elon Musk really need more money? Tesla shares are up 42 per cent this year, much of that since the election of the billionaire’s new best friend Donald Trump as president last month. As

Yuichiro Chino | Moment | Getty Images Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players. The Technology Select Sector SPDR Fund (XLK) advanced 1.5%, rallying for its fourth straight day since mid-October and knocking out its previous high touched