short-selling – SindhTribune.com

Return of short-selling in Seoul could spell trouble for defense, shipbuilding stocks

March 31, 2025

South Korea’s top court orders new trial for presidential front-runner
SEOUL — South Korea’s Supreme Court on Thursday threw out a lower court’s acquittal of presidential front-runner Lee Jae-myung of the Democratic Party, casting a shadow over a snap election coming on June 3. The top court ruled that Lee violated election laws three years ago by publicizing false information during a previous presidential bid.…
Reptile causes major delays in Japan
TOKYO — It’s likely some of the tens-of-thousands of passengers were hissing with madness after a snake brought Japan’s busiest bullet train line to a halt. The slippery 39-inch reptile slithered onto an overhead power line and tangled itself, a spokesperson for line operator, JR Central, told NBC News. As a result, it shorted the…
China consumer belt-tightening constrains KFC operator, Starbucks
TOKYO — Stagnant Chinese consumption is challenging global chains like KFC and Starbucks, while traditional local restaurant operators are also struggling to gain momentum. Yum China — which runs KFC, Pizza Hut, Taco Bell and other eateries in mainland China — on Wednesday night said its total revenue for the first quarter came to $2.98…
Elon Musk prepares his White House exit
WASHINGTON — Elon Musk said Wednesday that he’s in the process of stepping back from his nearly 24/7 role with the Department of Government Efficiency to focus on his businesses. “Now we’re getting more of a rhythm,” Musk told reporters at the White House on Wednesday evening. “And so the amount of time that it’s…
Tariffs push Apple closer to Asia and Alibaba challenges DeepSeek
Hello everyone! This is Lauly, sending greetings from Taipei. Usually, people in Taiwan enjoy a four-day holiday at the beginning of April — Children’s Day and Tomb-Sweeping Day (a bit of an odd combination, I know). But this year was different, at least for people involved in the tech and media industries, thanks to Donald…
New to betting horse racing? Here’s our tips ahead of the Kentucky Derby
Saturday marks the 151st running of the Kentucky Derby, the greatest two minutes in sports and one of the most bet events of the year. According to Churchill Downs, $210.7 million was wagered on the race in 2024. That number was up from $188 million the previous year. As we prepare for mint juleps and…
Yen weakens over 1% as BOJ governor flags economic uncertainty
TOKYO — The Japanese yen weakened on Thursday after Bank of Japan Gov. Kazuo Ueda struck a dovish tone, highlighting “extremely high” policy uncertainty now that the U.S.’s “reciprocal” tariffs are shaking up global trade and markets. The yen depreciated to 144.71 against the dollar at one point during Ueda’s press conference, losing 1.3% of its value…
South Korea’s top court rules against presidential frontrunner, potentially upending election
SEOUL, South Korea — South Korea’s Supreme Court overturned on Thursday an earlier ruling that had cleared election frontrunner Lee Jae-myung of violating election law, throwing into doubt his eligibility to run for the presidency. Lee, the candidate of the liberal Democratic Party that controls parliament, leads opinion polls to win a snap presidential election set off…
BOJ governor keeps rate hike in play but stresses ‘high uncertainty’
TOKYO — Bank of Japan Gov. Kazuo Ueda on Thursday signaled that the central bank is still on a path to raise rates despite extreme uncertainty from U.S. President Donald Trump’s sweeping tariff policy. The bank kept its policy rate, an uncollateralized overnight call rate, at 0.5% the same day. It was the first board…