StoryCompareWHAT'S REPORTED
- ▸Goldman had raised the Kospi target repeatedly earlier in the year before cutting it. — Bloomberg Markets
THE BRIEF
Goldman Sachs Cuts Kospi Target
Goldman Sachs reduced its 12-month Kospi Index target by 25% citing AI trade concerns.
THE BRIEF
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THE BRIEF
ECONOMYTHE BRIEF
Brookfield Opens Qatar Office
Brookfield Asset Management is opening an office in Doha to deepen its Middle East presence.
WHAT'S REPORTED
- ▸The expansion addresses economic fallout from the war affecting Middle East countries. — Bloomberg Markets
THE BRIEF
ECONOMYTHE BRIEFDEV.DEVELOPING
Moody's Maintains France's Aa3 Credit Rating
Moody's held France's credit rating at Aa3 amid civil unrest and elevated bond yields.
DEVELOPING TIMELINE
First Report Friday: French bond risk measure neared record weekly increase as political unrest deepened crisis.
Saturday: Moody's maintains France's Aa3 rating despite unrest
WHAT'S REPORTED
- ▸Moody's left France's rating at Aa3 during a week of unrest. — CNBC
THE BRIEF
ECONOMYTHE BRIEF
Indonesia Reduces Pipeline Gas Exports to Singapore
Indonesia began trimming pipeline natural gas exports to Singapore to strengthen domestic energy security.
WHAT'S REPORTED
- ▸President Prabowo Subianto initiated the reduction to shore up domestic supply. — Bloomberg Markets
THE BRIEF
ECONOMYTHE BRIEF
JSW Steel Quarterly Profit Surge
JSW Steel's fiscal second-quarter profit more than tripled, beating expectations on higher prices.
WHAT'S REPORTED
- ▸India's infrastructure buildout drove prices higher, boosting JSW Steel's profit. — Bloomberg Markets