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U.S. 'Economic Outcast’ operation gains momentum as EU joins sanctions; South Korea weighs military backing

The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
Volkswagen to cut 100,000 jobs in biggest ever industry shake-up

German car giant Volkswagen said that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losse...

Sep 04, 2026 · Staff
Originally on Wedgetail
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Nepal floods ruin merchants, traders ahead of crucial festival season

Any pullback in spending could weigh heavily on Nepal’s roughly $57 billion economy.

Sep 04, 2026 · Staff
Originally on Wedgetail
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Korea’s leveraged ETF appetite spills into US markets

South Korean retail investors may have cooled on single-stock leveraged ETFs at home after regulators tightened trading rules, but their appetite for ...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
India’s June quarter GDP print is courting controversy. Here’s why

India's forecast-beating economic growth has come under scrutiny after a former government official claimed that the GDP print is overstated.

Sep 04, 2026 · Staff
Originally on Wedgetail
News
Shinsegae chief joins US-led AI supply chain push

Shinsegae Group Chairman Chung Yong-jin joined US Vice President JD Vance and leading technology executives in Washington on Thursday for the launch o...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
KRX, NYSE deepen ties on longer trading, faster settlement

Korea Exchange Chair and CEO Jeong Eun-bo pitched South Korea’s capital market reforms to global investors in New York on Thursday before signing a co...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
Brent Nears $96 as Iran Conflict Keeps Oil Market on Edge

Crude oil prices extended their climb today and are set for a sharp weekly gain as the war in the Middle East continues with little chance of peace. A...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
SK hynix-LG chip design talks end without deal: reports

LG Electronics’ reported talks to take on part of SK hynix’s next-generation enterprise SSD controller design have ended after the memory maker decide...

Sep 04, 2026 · Staff
Originally on Wedgetail
News
New passenger car sales in Russia fall by 6.5% in August to 114,300 — Autostat

The leading brands during the period were Lada, Haval, Tenet, Geely, and Changan

Sep 04, 2026 · Staff
Originally on Wedgetail
News
More stock ownership, weaker monetary policy?

A counterintuitive quirk

Sep 04, 2026 · Staff
Originally on Wedgetail