PSX falls despite rating upgrade

Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?

Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both contracts fell more than 2% on Monday, with U.S.

• Brent crude at $92.16 per barrel after 2% decline
• U.S. sanctions target Iran's economic ties, potentially ending conflict
• Oil tanker hit near Oman's Ash Shishah, Iran claims control of Strait of Hormuz

2h ago ·economictimes.indiatimes.com

Can I open a new retirement annuity after retiring and still receive tax benefits? (Part II)

A second advisor answers this reader’s question.

2h ago ·moneyweb.co.za

[Opening Market] KOSPI Plummets Briefly to 6,400s Amid US Semiconductor Chill

The domestic stock market on Aug. 25 showed a sharp decline right after the opening due to the aftermath of major semiconductor stocks showing weakness in the US New York stock market overnight.

• KOSPI index dropped to 6,400s within minutes of opening
• Weak US semiconductor market caused investor panic
• Foreign investors lost $400 million targeting large-cap stocks

2h ago ·businesskorea.co.kr

Korea Inc. Profits Surge, but Investment Stalls as Chipmakers Carry Capex

South Korea's major corporations sharply improved their profitability in the first half of this year, with operating profit nearly reaching 400 trillion won, or approximately $289.48 billion, but…

• South Korean corporations' operating profit nears 400 trillion won, or $289.48 billion
• Capital spending stagnant, down 11.1% to 95.74 trillion won
• Samsung Electronics and SK hynix increase capital expenditures, others decline

2h ago ·businesskorea.co.kr

Hyperscalers Will Spend $750 Billion on AI This Year. Cummins Sells the Backup Power.

Cummins is best known for making engines for large trucks, but those engines can do other things, too.

2h ago ·fool.com