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Business Today |
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Wednesday, 04 March, 2026 | | |
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Editor's Note |
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Good morning, reader |
Panic swept across trading desks in South Korea overnight as local stocks, by far the hottest in the world over the past year, extended their free-fall.
Down more than 12 per cent at one point following a 7.2 per cent drop in the previous session, the high-flying Kospi Index was headed for its biggest single-day slide since 2008. You can catch up with the latest market reaction to the Middle East crisis here.
Service sector growth slowed to a six-month low last month, driven by several factors including “rising cost pressures,” according to a report by AIB. The greater costs were linked to wages, pensions, energy and fuel prices. Eoin Burke Kennedy has the details.
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Colin Gleeson |
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