Panic Sweeps Korean Stocks in Biggest One-Day Crash on Record

Panic swept through South Korea’s trading floors as concerns over the Middle East conflict sent the world’s hottest stock market to its biggest-ever selloff. The Kospi Index plunged 12% — following a 7.2% drop on Tuesday — as heavyweights Samsung Electronics Co., SK...

Emerging Currencies See Worst Day Since 2024 on Middle East Risk

An index tracking emerging-market currencies closed for its worst session since November 2024 as the dollar jumped and traders dumped risk assets amid risks of a prolonged military conflict in the Middle East. An MSCI total return gauge of developing nation currencies...

Surging Gasoline Prices Create New Political Woes for Trump

Gasoline and diesel futures surged on the first day of trading after the US and Israel launched attacks on Iran, threating to blot out one of the biggest bright spots of President Donald Trump’s energy agenda. Gasoline futures jumped as much as 9% Monday as the flow...