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By Cynthia Kim SEOUL (Reuters) – South Korea’s Finance Ministry said on Wednesday it was ready to invest “unrestrictedly” in financial markets after President Yoon Suk Yeol withdrew a martial law declaration he had issued last night that had caused…
Open the Editor’s Digest for free Roula Khalaf, Editor of the FT, picks her favorite stories in this week’s newsletter. The owner of Claridge Maybourne plans to almost triple the number of hotels in the next decade, expanding to Paris,…
Full push to give Tesla CEO Elon Musk’s pay package now worth $100 billion was blocked by a judge this week. On 101 pages thoughtsDelaware Court Chancellor Kathleen McCormick refused to change the previous decision to cut Musks salary. Actually,…
Bangladesh says it has halved its electricity sales from India’s Adani Power, citing a cold winter and unresolved multimillion-dollar payment problems. This follows months of financial crisis as Dhaka grapples with a foreign exchange crisis. Adani Power, which operates a…
It seems Nvidia (NASDAQ: NVDA) he is haunted by his success. After another impressive quarter that increased its annualized earnings (EPS), the chipmaker’s stock fell in the days following the release of its Q3 numbers. The truth is, expectations cannot…
South Korea to increase investment to stabilize markets Source link
Economist Peter Morici breaks down what the national debt is, why it’s over $34 trillion and what it means for Americans. The US national debt is rising rapidly and has shown no signs of slowing down, despite criticism of the…
BEIJING (Reuters) – Lost Chinese AI firm SenseTime Group said on Tuesday it had completed a major organizational restructuring aimed at advancing AI technology. The Hong Kong-based company, which previously focused on computer science and analytics technologies, has helped its…
Japanese Prime Minister Shigeru Ishiba said on Wednesday that, although he could not comment on the internal affairs of other countries, he was watching the situation in Korea with “deep and serious” concern. Ishiba, who became prime minister in September,…
Mehmet Oz, the doctor slated to oversee Medicare in the Trump administration, has posted online endorsements for herbal medicines that threaten to violate US advertising laws, according to a health watchdog. Oz likes to buy things from iHerbadditional company, in…