SEOUL, Dec 21, 2025 – In a significant move to protect consumer rights, South Korea’s consumer protection agency announced on Sunday that it will formally order SK Telecom (017670.KS), the country’s largest mobile carrier, to compensate 58 users who filed a class-action lawsuit following a recent hacking incident. The agency revealed that during a meeting

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Shares of Chinese short video platform Kuaishou Technology (1024.HK) fell sharply on Tuesday, hitting HK$62.70 ($8.06)—their lowest level since November 21—after the company suffered a cyberattack that disrupted its livestreaming service. Stock Market Impact Details of the Cyberattack The attack occurred around 10 p.m. (1400 GMT) Monday, targeting Kuaishou’s livestreaming platform—the closest rival to Douyin,

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Venezuelan oil exports have slowed sharply as the United States escalates its actions against vessels carrying crude from the South American nation. Tracking data and sources indicate that many tankers are now moving only between domestic ports, while several approaching ships have suspended navigation or turned back following U.S. maritime interceptions. U.S. Interventions and Sanctions

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Oil markets remained largely steady on Tuesday as investors weighed geopolitical risks against ongoing bearish supply fundamentals. Heightened tensions from the Ukraine-Russia conflict and potential U.S. sales of seized Venezuelan crude contributed to a volatile backdrop for energy prices. Geopolitical Tensions Support Oil Prices Oil prices have been under pressure due to oversupply, but geopolitical

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French lawmakers are moving quickly to approve emergency legislation aimed at keeping the state operational in January 2026, as France’s deeply divided parliament struggles to pass a full annual budget. The measure, proposed by Prime Minister Sebastien Lecornu, will temporarily extend 2025 spending levels while allowing for tax collection and debt issuance. Emergency Stopgap to

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The Indian rupee closed flat on Tuesday at 89.65 per U.S. dollar, as persistent dollar demand from local corporates and activity in the non-deliverable forwards (NDF) market counterbalanced gains in most regional currencies. The currency remained under pressure, with traders closely monitoring both importer demand and central bank interventions. Dollar Demand from Importers Weighs on

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The Japanese yen strengthened on Tuesday amid broad U.S. dollar weakness, following the most serious warning yet from Tokyo authorities signaling readiness to intervene in currency markets. The move came as the yen hovered near recent lows against major currencies, keeping yen bears cautious despite expectations that near-term weakness may continue. Yen Gains on Intervention

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New car sales in Europe rose year-on-year in November for the fifth consecutive month, supported by the growing adoption of electric vehicles (EVs) in key markets including Germany, Italy, and Spain, according to data from the European auto lobby ACEA. Surge in Electric Vehicle Registrations Battery electric vehicle (BEV) registrations, a key indicator of EV

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Gold extended its record-breaking rally on Tuesday, approaching the $4,500 per ounce mark, as a weaker U.S. dollar, geopolitical uncertainty, and strong safe-haven demand bolstered investor interest. Meanwhile, silver surged to an all-time high, outpacing gold with a 142% year-to-date gain, highlighting the strong momentum in precious metals markets. Gold Climbs to Record Levels Spot

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