South Korea's Kospi opens 3.2% lower after Friday's US tech sell-off
Seoul's benchmark index fell 179.64 points at the opening bell on Monday, following declines in US technology and chip stocks on Friday, Yonhap News Agency reported.
Home Section
Business and Finance
Markets, the economy, companies, investing, banking and your money.
82 stories · page 5 of 9
Latest in Business and Finance
New Zealand services sector grows for a fourth month as PSI eases to 50.9
The BNZ-BusinessNZ Performance of Services Index slipped to 50.9 in September from 51.0 in August, staying in expansion for a fourth consecutive month.
ASX 200 opens 0.3% higher as energy shares rise and Challenger jumps 13.6%
Australian shares rose at the open on Monday despite Friday's tech sell-off on Wall Street. NextDC entered a trading halt.
BOJ's Ueda says bank won't tolerate inflation rising above 2%; IMF says faster hikes may be needed
The Bank of Japan governor said the bank would keep raising rates. The IMF's Asia director said the BOJ may have to tighten faster if inflation beats forecasts. The BOJ next meets on 29-30 October.
Bank of England's Bailey says wider effects of energy price rise look 'quite subdued' so far
Governor Andrew Bailey said it was too early for firm conclusions. Most economists polled by Reuters expect the BoE to start raising rates next month.
NextDC shares halted ahead of announcement on power delay at Melbourne M3 data centre
The data centre operator said the delay could affect its 2027 financial-year guidance. Its shares will resume trading by 21 October at the latest.
Oil eases in early Monday trade after Brent's highest close since May
Brent crude was down about 1% at $US108.81 a barrel at 11pm GMT, the ABC reported, after settling at $US109.86 on Friday.
Metcash to buy Queensland IGA operator Peries Group for about $80m to $85m
The wholesaler used a first right to buy the 15-store supermarket business, which reported about $264 million in retail sales in the 2026 financial year.
Bessent says rising US inflation is an 'energy shock' and prices will fall after the Iran conflict
The US Treasury Secretary spoke on NBC's Meet the Press days after data showed consumer prices up 3.7% in the year to September.
Two Greenpeace activists taken into custody after occupying Woodside's Scarborough gas platform
Woodside said pre-commissioning work on the $12.5 billion project was paused after the protesters boarded its floating production unit off Western Australia.
