Sunday, 12 July 2026 · World
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European finance: the eurozone, the City of London, the ECB and the continent’s companies and markets.

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Korean market expects unanimous BoK rate rise

Governor Shin Hyun-song has said on three occasions since taking office after the May policy meeting that higher interest rates ar…

Samsung loses over $100bn in market value despite record AI-driven profit

Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors respon…

South Korea to funnel AI chip tax windfall into public investment, housing and jobs

South Korea plans to channel a surge in tax revenue from its booming AI chipmakers into a new state fund, backing everything from …

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