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South Korea’s Kospi Falls 30% From June Peak, Trapping Retail Investors

The Kospi has dropped 30% since its June 19 record high, trapping retail investors who chased leveraged products during the earlier rally.

Alibaba to Raise $10 Billion in New Shares for AI Buildout

Alibaba said on Sunday it will issue HK$80 billion (about $10.2 billion) in new Hong Kong shares, directing all proceeds to AI infrastructure.

Nvidia Warns Customers of AI Server Price Hikes Above 15%

Nvidia has told major customers that servers containing its AI chips could rise more than 15% in price, driven by soaring memory costs, Bloomberg reported.

US Hits Canada With 50% Tariffs on $20 Billion of Goods After Talks Fail

The US imposed 50% tariffs on about $20 billion of Canadian goods after trade talks collapsed. Canada will retaliate dollar-for-dollar from September 8.

Paramount and California Set Monday Talks to Settle Warner Bros. Lawsuit

Paramount and California's attorney general plan preliminary talks Monday to discuss settling an antitrust lawsuit over the proposed Warner Bros. Discovery

Trump urges Iranians to “keep protesting” as rights group says deaths exceed 2,000

The US president offered no details on what “help” would involve, while Tehran warned that any US action would carry consequences. US President Donald Trump...

European Drug Pricing Under Pressure as US Deals Set New Precedent

Pharmaceutical companies are bracing for intensified price negotiations in Europe, anticipating that recent drug pricing agreements in the United States, brokered under the Trump...

Ukraine War Echoes: Australia Warned to Brace for Asia-Pacific Conflict

The ongoing conflict in Ukraine serves as a stark warning for Australia, highlighting the increasing likelihood of conflict in the Asia-Pacific region. European officials...

French Farmers Flood Paris with Tractors, Disrupting Landmarks to Protest Trade Deal

Dozens of French farmers drove approximately a hundred tractors into Paris on Thursday, blocking key landmarks and protesting the European Union's intention to advance...

Europe on High Alert as Trump Eyes Greenland: A Geopolitical Chess Match Unfolds

Europe is bracing for potential confrontation as U.S. President Donald Trump renews his interest in acquiring Greenland. Policymakers across the continent are no longer...

Zalando Shuts German Warehouse, 2,700 Jobs at Risk

Online fashion giant Zalando has announced the closure of its Erfurt logistics center in Germany, a move that will impact approximately 2,700 employees. The...

Germany and India Poised for Landmark $8 Billion Submarine Deal

Germany and India are on the cusp of finalizing a monumental defense agreement valued at approximately $8 billion, marking the largest defense contract in...

SABIC Divests European and Americas Businesses in Strategic Restructuring

Saudi chemical giant SABIC has announced the sale of its European petrochemical business and its Engineering Thermoplastics (ETP) division in Europe and the Americas...

Saudi Arabia and UAE Clash in Yemen, Sparking Fears of Middle East “Cold War”

A recent military confrontation in Yemen between Saudi Arabia and the United Arab Emirates (UAE) has brought simmering tensions between the two Gulf powerhouses...

German Factory Orders Surge 5.6% in November, Driven by Defense Spending

German factory orders experienced a significant and unexpected surge in November, climbing 5.6% month-on-month. This marks the third consecutive monthly increase and the largest...

Europe Gripped by Winter Storm: Snow and Ice Cause Widespread Travel Chaos

A severe winter storm, dubbed Storm Goretti by French meteorologists, has brought significant snowfall and icy conditions across Western Europe, leading to widespread travel...

Prince Andrew Considers Middle East Move Amid Royal Exile

Stripped of his royal titles and facing eviction from his Windsor home, Prince Andrew is reportedly considering a significant move away from the United...

Pakistan Explores Defense Pact with Bangladesh, JF-17 Jet Sale on the Horizon

Pakistan is reportedly considering a significant defense agreement with Bangladesh, a move that could include the potential sale of its advanced JF-17 fighter jets....

Nestlé Expands Infant Formula Recall Globally Amid Toxin Fears

Nestlé has significantly expanded its recall of infant nutrition products, extending beyond Europe to Africa, the Americas, and Asia. The precautionary measure, affecting brands...

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