Activity

South Korea moves to stabilize its currency by offering tax relief on foreign stock sales, addressing the won’s weakening amid rising US equity investments.

AUD/JPY retreating slightly after hitting 17-month highs signals a potential short-term pause in momentum amid shifting global market dynamics.

BP is progressing with the sale of a majority stake in its $10bn Castrol lubricants division, signaling a shift in asset strategy under new leadership.

The Australian Dollar continues to gain momentum against the US Dollar, driven by growing prospects of a Reserve Bank of Australia rate increase amid shifting global economic dynamics.