South Korean Pension Fund Seeks India Bond Investment License

South Korea’s National Pension Service is seeking a license to invest in Indian government securities through a low-compliance channel operated by the market regulator, according to two sources with direct knowledge of the matter. As reported by Reuters, the institution manages assets valued at over $1.3 trillion and would rank among the earliest applicants utilizing … Read more

Wall Street Drops as Hormuz Deal Hopes Fade

Wall Street closed lower as climbing crude oil prices driven by Middle East tensions and a massive share sale by Intel weighed on investor sentiment, according to Reuters. The S&P 500 declined 0.06% to finish at 7,753.12 points, while the tech-heavy Nasdaq Composite dropped 0.32% to 26,605.36 points, and the Dow Jones Industrial Average slipped … Read more