SEOUL (Reuters) -The vice chief of South Korea’s financial regulatory agency said on Monday there is a high likelihood of the country’s stock market being included in a key developed market index in the near future. "We see a very high possibility of being included soon, if not this time," Kim So-young, vice chairman of the Financial Services Commission, said at a press conference held in Seou ...
Investing.com -- The Vatican on Monday announced the passing of Pope Francis. The news was shared by Cardinal Kevin Ferrell, who serves as the Vatican camerlengo, an official role responsible for managing the affairs of the Holy See in the period between the death of a Pope and the election of his successor. This article was generated with the support of AI and reviewed by an editor. For more info ...
By Sam NusseyTOKYO (Reuters) -Nintendo’s Switch (NYSE:SWCH) became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device. The Switch 2 is set to debut on June 5. That is eight years after the original Switch, which has sold 150 million units and disproved naysayers wh ...
Investing.com -- Chinese state-backed funds are halting new investments in U.S. private equity, the Financial Times (FT) reported Monday, marking a fresh escalation in the country’s response to President Donald Trump’s trade offensive.The report said several large Chinese investors have recently stopped committing capital to funds managed by U.S.-based private equity firms, a move driven by pr ...