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Finance & Markets

Lula Says He Won’t Protect His Son From Graft Investigation

Brazilian President Luiz Inacio Lula da Silva said he will not protect his son from corruption allegations, insisting he’s innocent but pledging that he’ll have to face the consequences if any wrongdoing is proven.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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[Opening Market] KOSPI Slides Below 6,800 on Interest Rate Caution

On the morning of Aug. 28, the domestic stock market is showing a downward trend, pushed down by caution surrounding the Monetary Policy Board, including the Bank of Korea’s base interest rate…

  • KOSPI slides below 6,800 points on August 28
  • Foreigners and institutions net-sell 387 billion won
  • Large-cap stocks, Samsung Electronics and SK hynix, decline

More from Friday 28 August →