Business

Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout

Korean retail investors have racked up heavy losses from leveraged bets on stocks, following rule changes earlier this year.

Analysis:Japan PM's political doom loop worsens her fight with markets

Andy Burnham’s plans for technical education build on coalition’s UTC roots

PM’s vocational model also takes inspiration from former education secretary Kenneth Baker’s vision Andy Burnham’s plans to put academic and technical education routes on an equal footing in England have been welcomed by many, but none…

Russia issues international wanted notice for Telegram chief Durov

MOSCOW — Russia announced on Wednesday that it issued an international wanted notice for Telegram founder and CEO Pavel Durov over accusations of “complicity in terrorism.” Russian-born Durov — a serial tech founder who has lived outside…

Advantest Lifts Outlook After AI Chip Tester Demand Soars

Advantest Corp. raised its outlook above estimates, pointing to robust demand for testers needed to manufacture increasingly complex chips for AI data centers.

Apple briefly tops $5 trillion market value for first time

Africa · Western Key Facts —The milestone. Apple briefly crossed $5 trillion in market value during intraday trading on Tuesday 28 July 2026. —The peak. Shares hit $342.89, implying a market capitalisation of roughly $5.036 trillion before…

Harmony Gold Locks In R20bn Package for Copper Expansion

Africa · Southern Key Facts —The package. Harmony arranged US$500 million, A$500 million, and R7 billion in new syndicated loan facilities. —Oversubscription. Lender commitments reached roughly three times the target, forcing a scale-back…

Brazil Markets: Ibovespa & the Real — July 29, 2026

Brazil's Ibovespa rose 0.7% to 176,565 on Tuesday, lifted by miners and oil producers as the real held steady. Embraer and Suzano led the charge. The post Brazil Markets: Ibovespa & the Real — July 29, 2026 appeared first on The Rio Times .

Mexico Markets: IPC & the Peso — July 29, 2026

The S&P/BMV IPC nudged up 0.22% on Tuesday, while the peso firmed against the dollar. Banorte and Cemex led volumes in a quiet session. The post Mexico Markets: IPC & the Peso — July 29, 2026 appeared first on The Rio Times .

Argentina Markets: Merval & the Peso — July 29, 2026

The S&P Merval fell 1.48% on Tuesday, while the peso weakened to 1,500 per dollar. Profit-taking hit energy and banking shares in the Milei reform trade. The post Argentina Markets: Merval & the Peso — July 29, 2026 appeared first on The…

UBS CEO Ermotti on Credit Suisse, Buyback, Volatility

UBS Chief Executive Officer Sergio Ermotti says the integration of former rival Credit Suisse "is almost done." He also talks about the Zurich-based bank's announcement of a new $3 billion share buyback program to run until mid-2027, and…

Nigerian Court Voids Lawmakers’ N72.6bn Compensation Order Against Seplat

Africa · Western Key Facts —The ruling. A Federal High Court in Lagos voided a House of Representatives directive ordering Seplat Energy to pay N72.6 billion ($47.2 million) in compensation. —The legal principle. The court held that the…