Kotak Mahindra Bank hikes Dynamic Currency Conversion fee to 3.5 % plus GST from 1 percent, effective August 1 2026, affecting all international ATM, POS and online transactions.
The benchmark KOSPI plunged as much as 9% after trading resumed following a 20-minute circuit breaker.
The Japanese technology investor has seen its shares rally to record highs in recent months, driven largely by expectations that an OpenAI listing would unlock significant value for its investment portfolio.
Traders are watching whether the widening gap between Hong Kong and US interest rates will continue to fuel capital outflows and push the currency even closer to the weak end of its HK$7.75-HK$7.85 trading band.
Trading on leading exchanges — National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain suspended on Friday, June 26, on account of Muharram.
Apple’s losses led to every other component of the Magnificent Seven ending with losses on Thursday with shares of Nvidia, Microsoft, Meta, Amazon ending declining between 1.5% to 3.5%.
Delhi government to act against Fortis Hospital Shalimar Bagh after inquiry finds lapses in patient care and safety linked to a youth’s death, Fortis pledges cooperation.
Vedanta shares had declined earlier in the week as well, after promoter entity Twin Star Holdings sold shares worth over ₹1,800 crore via block deals, bringing the promoter holding further lower in the company.
Gold and silver prices slide as a stronger US dollar, Fed rate hike fears and West Asia tensions weigh on bullion, with key support levels now under threat.
Brnet crude was trading near $75 a barrel, while West Texas Intermediate was below $72 a barrel.