China Merchants Securities, a leading Chinese brokerage, ceased market making for the mainland's only South Korea-focused ETF and five other QDII products. This move, described as commercial, aligns with Beijing's efforts to stabilize capital markets amidst significant volatility in South Korea's KOSPI index.
President Trump declared a June 17 ceasefire with Iran "over," ordering new US strikes after alleged Iranian attacks on tankers in the Strait of Hormuz. This raises fears of renewed conflict, impacting oil markets, US midterm politics, and Iran's nuclear program.
President Trump declared a June 17 ceasefire with Iran "over," ordering new US strikes after alleged Iranian attacks on tankers in the Strait of Hormuz. This breakdown raises fears of renewed conflict, impacting oil markets, US politics, and Iran's nuclear program.
Three weeks after a US-Iran MoU to restore shipping through the Strait of Hormuz, passage is again uncertain. Recent attacks on ships, escalating US strikes on Iran, and Iran's retaliatory fire have raised fears of renewed conflict, impacting global trade.
Singapore's COE premiums for cars and EVs saw a significant increase in the latest bidding exercise. Category A premiums rose 4.2% and Category B premiums jumped 6% to S$130,889, ahead of the December 31 expiry of EV adoption incentives.
The US and Iran have exchanged strikes, accusing each other of violating their interim peace deal. The US targeted Iranian missile and radar sites after a Singapore-flagged ship was attacked, while Iran retaliated against US military deployments in the region.
Japan's Defense Minister Koizumi questioned the transparency and accuracy of China's official military spending figures in a recent interview, suggesting a lack of parliamentary scrutiny and public explanation.
Japan's Defense Minister Koizumi questioned the transparency and accuracy of China's official military spending figures in a recent interview, suggesting a lack of parliamentary scrutiny compared to Japan's budget process.
China demonstrated strategic restraint during the US-Israeli war against Iran, leveraging its position as Iran's largest oil customer and financial lifeline. Beijing's quiet diplomacy, including numerous calls by Foreign Minister Wang Yi and a regional shuttle mission by special envoy Zhai Jun, urged flexibility and paved the way for a 14-point memorandum of understanding.
Iran's Deputy Minister of Energy announced that Russian specialists will soon return to the Bushehr Nuclear Power Plant to resume construction on the second and third units. The decision follows bilateral negotiations with the Russian Energy Minister.
Bitcoin fell around 2% to $64,300 after the Federal Reserve's FOMC meeting indicated a potential rate hike by year-end, shifting from previous expectations of cuts. Major stock indices also declined, reflecting a broader risk-off sentiment.
South Korea can secure the top spot in Group A at the FIFA World Cup with a victory over Mexico and favorable results elsewhere. This would make them the first team to win their group in the tournament.
Analyst Lee Young-pyo believes Son Heung-min will be key for South Korea against Mexico, citing his speed and experience. Lee also noted Mexico's defensive weakness due to Montes' suspension and highlighted threats from Quinones and Jimenez.
South Korean midfielder Hwang In-beom, named Player of the Match in a recent 2-1 victory, welcomes attention from Mexico in their upcoming game, believing it will create opportunities for his teammates. He emphasized the need to focus on executing game plans against Mexico's distinct style.
South Korea's national football team head coach Hong Myung-bo expressed regret over a drone sighting at their closed-door FIFA World Cup training session in Zapopan, Mexico. The drone was intercepted by Mexican military forces, and its suspected operators fled.
The U.S. Senate confirmed Michelle Steel, a former Korean American congresswoman, as the next ambassador to South Korea in a 55-39 vote. She will focus on modernizing the alliance and implementing security and trade agreements.
South Korea head coach Hong Myung-bo hopes his current squad will go beyond the 2002 FIFA World Cup semifinal berth they achieved. After a 2-1 win against Czechia, they face co-host Mexico, a higher-ranked opponent, in their second Group A match. Hong emphasized the importance of defensive organization and player chemistry against Mexico's skilled attack.
Inglaterra vence Croácia por 4 a 2 em Dallas, EUA, na Copa do Mundo. Harry Kane marcou duas vezes, tornando-se o maior artilheiro do país ao lado de Gary Lineker. Bellingham, Rashford, Baturina e Musa também marcaram.
South Korea head coach Hong Myung-bo, who captained the team to the 2002 World Cup semifinals, hopes his current squad can go further. After a 2-1 win over Czechia, they face co-host Mexico, a higher-ranked opponent, aiming to secure a knockout stage spot.
The Trump administration released the text of a signed MOU to end the Iran war, including 60 days of free passage through the Strait of Hormuz. The deal involves an immediate end to military operations, a 60-day negotiation period for a final agreement, and Iran's commitment against nuclear weapons.
A seleção brasileira feminina de vôlei estreou na segunda semana da Liga das Nações com vitória sobre a França por 3 sets a 0. Com o resultado, o Brasil mantém 100% de aproveitamento e lidera a classificação geral.
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.5-3.75 percent, marking its fourth consecutive pause. At least half of policymakers anticipate a higher rate by year-end, with projections showing a rise in expected federal funds rate and PCE inflation.
G7 leaders reaffirmed their commitment to the complete denuclearization of North Korea and urged Pyongyang to resolve the abductee issue and address cryptocurrency thefts. They also voiced concerns over China's assertiveness in the Indo-Pacific and supported a U.S.-Iran deal.
The U.S. Federal Reserve maintained its benchmark interest rate at 3.5-3.75% for the fourth consecutive meeting. This decision, the first under new Chair Kevin Warsh, comes amid economic concerns from the Middle East conflict and a recent rise in the consumer price index.
