Economic cost
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Moody's chief economist estimates the Iran conflict costs average American households nearly $2,000; White House refutes.
Mark Zandi, chief economist at Moody's Analytics, posted on X on October 12, estimating that the combined economic burden on the U.S. since the U.S. and Israel launched strikes against Iran on Februar
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Moody's chief economist estimates the Iran conflict costs average American households nearly $2,000; White House refutes.
Mark Zandi, chief economist at Moody's Analytics, posted on X on October 12, estimating that the combined economic burden on the U.S. since the U.S. and Israel launched strikes against Iran on Februar
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Economic cost
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UBS: A-share tech sector's "crowding" has significantly eased, market downside risk is limited.
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Goldman Sachs: U.S. Equity Market Sentiment Is Depressed, But Three Major Buying Forces Are Set to Return
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AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
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The KOSPI plunged 7.57% to close at 5554.22 points, triggering circuit breakers. Foreign investors net sold $3.6 billion in a single day.
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South Korea's KOSPI index fell 7.85% intraday, now at 5,537.34.
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TSMC's Q4 revenue guidance exceeded expectations by 6% to $53.3 billion, with a full-year growth forecast raised to 44%, and consideration for further expansion in the US.
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Reserve Bank of New Zealand Chief Economist Paul Conway stated that the interest rate decision in late October is "completely open," despite accumulating inflationary pressures.
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Korean semiconductor expert: Expanding chip capacity could help regain market share from China
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The Office of the Comptroller of the Currency (OCC) investigation found that nine large banks restricted crypto accounts, but new rules will limit regulators from pressuring banks citing "reputational risk."
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The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
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