[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) tumbled more than six percent in the morning hours of trading Wednesday, in response to rising bond yields in the U.S. and other major economies. The main bourse had lost 440-point-58 points, or six-point-41 percent, from the previous day’s closing ... [more...]
The reality in the Strait of Hormuz looks a bit different. U.S. President Donald Trump has claimed that the critical waterway is open, but no one is buying it.
The GBP/USD pair loses ground to around 1.3535 during the early Asian trading hours on Wednesday. The British Pound (GBP) weakens against the US Dollar (USD) amid disappointing UK labour data.