Dollar Wrecking Ball Forces Investors to Seek Cover in Exporters
The surging dollar has hurt stocks outside the US but one group at least stands to gain: companies that export to the world’s largest economy.
The surging dollar has hurt stocks outside the US but one group at least stands to gain: companies that export to the world’s largest economy.
Indian equities have soared to become among the world’s most expensive, yet its bonds appear relatively cheap despite being Asia’s best performers this year.
South Korea’s economic growth accelerated to a pace faster than the most optimistic forecasts last quarter, dimming prospects for a near-term interest-rate cut and offering belated relief to President Yoon Suk Yeol after an election setback that threatens his policy initiatives.
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
South Korea is developing a centralized short-selling monitoring platform that can detect changes in institutional balances and identify illegal transactions.
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