South Korea Declares Martial Law: Economic Struggles Intensify as Won Declines

The financial space is reeling from the political chaos in South Korea, which has caused the Korean won to fall against the US dollar and extended its impact to the…

Korean won tumbles after South Korea’s president declares martial law; euro gains

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The Korean won was one of the biggest movers on Tuesday, plunging against the U.S. dollar after South Korea’s president declared…

China bans export of critical minerals to US as trade tensions escalate

By Amy Lv and Tony Munroe (Reuters) – China on Tuesday banned exports to the United States of the critical minerals gallium, germanium and antimony that have widespread military applications,…

AI Adoption in Fintech: “70% of Finance Professionals Utilize Automation for CV Screening”

2024 was a transformative year for the fintech job market. Companies increasingly used AI automation to source talent, manage applications, and even conduct first-stage interviews using AI bots. AI didn’t…

AI Adoption in Fintech: “70% of Finance Professionals Utilize Automation for CV Screening”

2024 was a transformative year for the fintech job market. Companies increasingly used AI automation to source talent, manage applications, and even conduct first-stage interviews using AI bots. AI didn’t…

China bans export of critical minerals to US as trade frictions escalate

By Amy Lv and Tony Munroe (Reuters) -China has banned exports to the United States of items related to the minerals gallium, germanium and antimony that have potential military applications,…

Exclusive-Biden administration will not finalize clean fuel tax credit guidance

By Jarrett Renshaw (Reuters) – Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they…

OPEC oil output rises in November as Libya recovers, survey finds

By Alex Lawler LONDON (Reuters) – OPEC oil output rose for a second month in November as Libya’s production recovered after resolution of a political crisis, a Reuters survey found,…

Cargill to terminate about 475 employees in Minnesota

CHICAGO (Reuters) -Global trading house Cargill has told Minnesota it will permanently lay off about 475 employees from facilities in the state starting on Feb. 5, a state agency said…

US deepens sanctions on Iran’s ‘shadow’ oil fleet

WASHINGTON (Reuters) – The Biden administration on Tuesday ramped up its sanctions on Iran, targeting 35 entities and vessels that it said transported illicit Iranian petroleum to foreign markets as…