Key Points: The benchmark KOSPI index dropped 136.11 points or 1.82 percent at the opening bell on Friday. United States and Iranian naval forces exchanged direct fire in the vital Strait of Hormuz. South Korean investors rushed to secure their...
Key Points: The Victorian opposition plans to freeze hiring across 46 government departments to save $22 billion over the next decade. Natural attrition will reduce the public service workforce to 42,881 full-time equivalent roles by July 2029. The policy aims to shrink the public sector to its 2014 population proportion. The Liberal party also announced...
Key Points: The Court of International Trade issued a 53-page ruling that blocks a massive 10% global duty on imports. Judges voted 2-to-1 to grant a permanent injunction because the administration misused Section 122 of the Trade Act of 1974. Businesses across the country will enjoy a temporary tariff holiday while the administration prepares an...
