Trending in Finance
All Finance Stories
-
SpaceX IPO: Short Sellers Face a Formidable Foe in Musk's Market Debut
Elon Musk's SpaceX is set for a massive IPO, but short sellers are wary. High valuation and governance issues entice bears, but a bullish market and Musk's history make it a risky bet.
-
KOSPI Plunges 8.8%, Triggering Trading Halt
South Korea's KOSPI index crashed 8.8%, halting trading. Samsung and SK Hynix fell 10%, dragging the market.
-
India's Forex Defense Hits $110 Billion as Rupee Weakens
The RBI's forward dollar-selling contracts hit a record $110-115 billion, as the rupee slides past 96 per dollar and forex reserves drop sharply.
-
Indonesia Shocks Markets with Surprise Rate Hike to Defend Plunging Rupiah
Bank Indonesia raises benchmark rate to 5.50% in emergency move to stem rupiah's record lows amid war and investor fears.
-
Bank of Japan May Pause Bond Taper Next Fiscal Year
The Bank of Japan considers pausing its bond taper beyond fiscal 2027 as sources indicate a split board weighs market stability against balance sheet reduction.
-
Foreign Investors Dump $62B in South Korean Stocks Amid KOSPI Volatility
Foreign investors sold $62B in South Korean stocks by May 2026, while the KOSPI surged 70%+. An 8% intraday drop on 'Black Friday' spooked markets.
-
OPEC+ Boosts Output, But Real Supply Hinges on Strait of Hormuz
OPEC+ raises quotas by 188,000 bpd in July, but analysts warn supply constraints in the Middle East keep the move largely symbolic.
-
Japan's Q1 GDP Revised Down to 1.8% Annualized as Business Investment Contracts
Japan's economy grew at an annualized 1.8% in Q1 2026, missing the preliminary 2.1% estimate as business investment fell 0.7%, signaling caution among firms.