Investment banking giant Morgan Stanley has laid off about 3% of its global workforce, or roughly 2,500 employees, according to media reports, in the latest sign of restructuring across Wall Street as firms recalibrate operations.The layoffs span the bank’s three main divisions — investment banking and trading, wealth management and…
South Korean defense stocks rallied sharply on Tuesday as markets reopened after a public holiday, with investors betting that…
On Tuesday, the escalating conflict between the United States, Israel, and Iran intensified geopolitical risks, pressured equities and energy…
The FTSE 100 Index retreated for two consecutive days as geopolitical risks soared during the weekend. It dropped to…
Gold prices rose slightly on Tuesday as safe-haven demand remained intact amid ongoing geopolitical tensions in the Middle East. Prices…
Asia’s heavy reliance on Middle Eastern oil is emerging as a significant economic vulnerability, leaving the region susceptible to…
Middle Eastern airlines have started bringing home stranded travellers as a three-day shutdown across some of the world’s busiest…
UK households faced a renewed rise in grocery bills in February, ending four consecutive months of easing food inflation.…
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled…