Some equity mutual funds go beyond domestic stocks to invest in foreign securities, REITs and InvITs. WhiteOak Capital Dividend Yield Fund tops the list with 79.4% combined exposure to REITs and InvITs. Here are 10 funds with notable exposure to these assets.
Foreign currency deposits in Korea rose to a fresh record high in September, driven by a sharp increase in dollar savings, central bank data showed Wednesday. Outstanding foreign currency-denominated deposits held by residents stood at $154.7 billion at the end of September, up $14 billion from a month earlier, according to findings by the Bank of Korea (BOK).
It marked the highest level since the BOK began compiling the data in June 2012. The reading has increased every month since April. Residents include Korean citizens, foreigners who have lived in the country for more than six months and foreign companies. The data excludes interbank deposits.
By currency, U.S. dollar-denominated reserves increased by $12.99 billion to $132.9 billion, marking the highest balance since June 2012. Euro-denominated savings also gained $0.37 billion to $9.53 billion, and Japanese yen deposits increased $0.55 billion to $9.49 billion. Corporate foreign currency deposits rose $13.1 billion to $136.6 billion, while individual holdings increased $0.98 billion to $18.11 billion.
The BOK said the sharp rise in fo
Asian stock markets rise, following gains on Wall Street.
The Trump administration is moving to weaken a regulation that requires oil and gas companies to limit leaks of methane, a more potent driver of climate change than carbon dioxide.President Donald Trump announced the Environmental Protection Agency’s proposed regulation at an event in Lubbock, Texas, on Tuesday evening.
EPA Administrator Lee Zeldin said earlier this month that the agency was “days not weeks” away from issuing the proposal, roughly outlining its contents.“We’ve been working on this for a long time,” Trump said at the rally. “We were working on this before the war broke out,” he added, referring to the Feb.
28 attack on Iran. Get Climate Coach newsletterNews and guidance on climate, science and technology. Sign up for freeThe move comes even as several major oil companies, including Chevron and ExxonMobil, have long supported direct federal regulation of methane, arguing that industry-wide rules are needed to curb leaks.
But that support has not always extended to every provision: The companies have at times pressed regulators to narrow monitoring and reporting requirements.Smaller independent producers and their trade groups have more aggressively fought methane rules as burdensome and costly. Executives at some of those firms — including several major donors to Trump — have pushed to roll them back.Methane, which traps about 80 times as much heat as carbon dioxide over a 20-year period, accounts for roughly 12 percent of greenhouse gases, according to an EPA webpage that the agency removed from its site after Trump took office.
Another EPA report says methane “emissions represent the greatest opportunity for low or no-cost mitigation” of climate change.Last year, Zeldin said the rule aimed at curbing methane leaks and dozens of other regulations were being reconsidered in what he has called the largest deregulatory action in U.S. history, aimed at saving businesses and consumers money.
Environmental advocates say any savings are more than outweighed by public health costs and damage to the economy caused by climate change and increasing weather extremes.“Americans must be able to afford to heat their homes in the winter and fill up their car and drive to work,” Zeldin said in a statement earlier this month, before the proposal’s release, while attending the New Mexico Oil and Gas Association’s annual meeting.
“They can’t do that when the people producing the energy are weighed down by unnecessary burdens.”The 2023 Biden-era rule requires companies to reduce methane emissions from new and existing oil and gas infrastructure, demanding monitoring and retrofitting old equipment to reduce leaks. The standard also instituted curbs on volatile organic compounds, which can cause air pollution that is harmful to breath or warm the climate.“The oil and gas industry says it’s a ‘good-faith’ partner eager to help craft regulations, but time and time again it’s worked behind the scenes to delay and weaken them.
As a result, the United States today emits more methane from its oil and gas sector than any other country in the world,” Julia Kane, a researcher with Fieldnotes, an oil and gas watchdog group, said in a statement.“Now, Lee Zeldin’s EPA is giving oil and gas corporations exactly what they’ve long wanted: a toothless methane standard they can use to pretend they’re well-regulated, all while they continue to knowingly leak and flare dangerous amounts of the heat-trapping gas.”Most Read From The Washington PostBoomer women are dating after divorce.
Men don’t always meet their standards.I went to Mexico to test-drive the cars Americans can’t buyAt 80, he’s a top dementia expert. Here’s how he keeps his brain healthy.Grand jury declines to indict Cassidy Hutchinson over Jan. 6 testimonyTrump defends White House redecorating — and Cheesecake Factory — from Obama’s mockingThe Trump EPA proposal is expected to reverse the 2023 rule’s ban on routine flaring, allowing companies to burn off excess gas rather than capturing it.
The draft policy would also eliminate the Super Emitter Program, which required companies to take action on major methane leaks when detected by third-party watchdogs.Methane has accounted for about 30 percent of global temperature rise since the industrial revolution, according to the International Energy Agency, and the rollback is alarming environmental advocates.The proposed regulation would also change standards for “marginal wells,” which produce only 6 percent of U.S. oil and gas but account for about half of the sector’s methane emissions.Zeldin said in October that the old rules wrongly lumped together “mom and pop” oil and gas producers, which he said could be put out of business by the rules, with multinationals such as Exxon and Chevron.“Part of this process has been to keep the concerns that are coming in from the application of [the regulations] to these far smaller operations and how to get the regulation right for them,” Zeldin told reporters in a briefing at EPA headquarters.
Myron Ebell, who ran the EPA’s transition team going into Trump’s first term, praised the potential regulation change for trying to “level the playing field” between Big Oil and independent producers.The EPA weakened enforcement of existing methane regulations last year, saying the agency’s “enforcement and compliance will no longer focus on methane emissions from oil and gas facilities” in a memo on March 12, 2025. The Environmental Defense Fund, an advocacy group, estimates that additional gas released or flared in the first year under that policy could have otherwise supplied nearly 19 million households.In November, the EPA also delayed deadlines to comply with many of the 2023 standards until 2027.This article originally appeared on Washington Post at https://www.washingtonpost.com/climate-environment/2026/10/27/trump-announce-relaxed-rules-oil-firms-methane-leaks/
Australia news | ABC reiterates call for One Nation to remove Bluey cartoonAmanda Meade The ABC has doubled down on its…
Korea's bourse operator on Wednesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index rose sharply. Program trading for the KOSPI-listed shares was suspended for five minutes at 9:53 a.m., according to the Korea Exchange (KRX). After opening 2.23 percent higher, the KOSPI added 255.92 points, or 4.54 percent, to 5,894.26 as of 9:55 a.m.
The index rallied as strong artificial intelligence (AI)-driven semiconductor earnings lifted investor sentiment ahead of the Federal Reserve's interest rate decision. Before the opening bell, SK hynix Inc. reported record-high revenue and operating profit for the third quarter, driven by robust memory chip demand, and announced a shareholder return program worth more than 100 trillion won ($75.3 billion) for 2026. A buy-side sidecar is triggered when the KOSPI 200 Futures Index rises 5 percent or more for at least one minute.
Korea has completed the development of a homegrown Marine Attack Helicopter (MAH) fitted with a range of weapons systems, including air-to-ground missiles, for multidimensional amphibious operations, the state arms procurement agency said Wednesday. The attack helicopters are built on a Marine variant of the KUH-1 Surion helicopter, known as the MUH-1 Marineon, with new added features and weapons systems to counter attacks from enemy choppers and drones, according to the Defense Acquisition Program Administration (DAPA).
DAPA launched a 450 billion-won ($337 millon) project to develop the homegrown MAH in 2022. Since then, it has completed a number of test flights and weapons tests, including live-fire tests involving turret-mounted machine guns, air-to-ground missiles, and guided and unguided rockets. It passed a full combat suitability evaluation in July and received airworthiness certification in August, guaranteeing the plane's suitability for safe flight.
When deployed, the MAH system is expected to expand the Marines' amphibious operations not only on the ground, but also in the ai
Korea will lift bans on hoarding urea, urea solution, medical syringes and needles imposed earlier this year following supply concerns stemming from the Middle East war, citing stable inventories and supplies, the finance ministry said Wednesday. The Ministry of Finance and Economy made the announcement during a meeting of economy-related ministers, saying the hoarding ban on urea and urea solution, introduced in March, will expire at the end of this month.
Restrictions imposed on medical syringes and needles, which have been in place since April, will also be lifted, the ministry added. Urea is used to curb emissions in diesel vehicles and make agricultural fertilizers. Under the bans, companies were prohibited from holding inventories exceeding 200 percent of their average monthly sales last year for seven days or longer for urea products and five days for medical supplies.
"With domestic supplies remaining stable and no signs of hoarding or disruption to market order, the government will seek to end the hoarding ban," the ministry said. "Even after the ban expires, the government will c
The highest monthly jump since March puts intense pressure on the Reserve Bank to deliver another interest rate increase when it meets next Tuesday.
Donald Trump’s tariffs on steel imports have kicked off a bonanza for steel producers in the US, including BlueScope. They’re a pain for the wider economy.
Korean stocks opened sharply higher Wednesday, tracking overnight gains on Wall Street, as strong artificial intelligence (AI)-driven semiconductor earnings lifted investor sentiment ahead of the Federal Reserve's interest rate decision. The benchmark Korea Composite Stock Price Index (KOSPI) rose 183.73 points, or 3.26 percent, to 5,822.07 as of 9:15 a.m., extending its rally after surging more than 3 percent in the previous session.
Overnight, U.S. stocks extended their gains, led by a rally in AI-related technology shares. The tech-heavy Nasdaq Composite climbed 1.18 percent, while the Philadelphia Semiconductor Index jumped 3.6 percent, providing a positive note for Korean chipmakers. Before the opening bell, SK hynix reported a 631 percent spike in third-quarter operating profit at 83.33 trillion won ($62.78 billion), with sales soaring 327.9 percent to 104.61 trillion won on robust demand for AI memory chips.
The world's second-largest memory chip maker also announced an additional 60 trillion won in shareholder returns. Meanwhile, investors remained cautious ahead of the Federal Re
Australia's inflation rate picked up more than expected in September, increasing expectations of an interest rate hike next week.
Neighbors cited illegal street vending and dumping, with “public urination and defecation that occur regularly on the City’s property,” according to the complaint.
John Healey will deliver his first Budget on Wednesday in a highly anticipated address
Headline inflation rose to 0.8 per cent in September, taking annual inflation for 4.3 per cent, up from 4 per cent in August. Follow live.
President Lee Jae Myung tried in vain to appease disgruntled farmers who remain suspicious of the administration’s motives behind the nationwide farmland survey. Korea’s potential accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has further complicated reconciliation efforts. Joining the trade pact is important for Korea’s outward-looking economy, but doing so could come at a cost to farmers.
Monday’s town hall meeting was unproductive, if not an outright failure. Lee remained indecisive about the CPTPP, while his explanation of the farmland survey was evasive. He even attempted to deflect responsibility for the controversial policy, suggesting that a confrontation with farmers may be inevitable.
Farmers take the survey seriously, viewing it as a direct threat to their livelihoods. They fear they could be ordered to sell their land against their will. The Lee administration’s farmland survey has become one of its most controversial policies, deepening the decline in the president’s approval ratings.
The survey itself is not contro
The Reserve Bank is probably about to do something that it doesn’t often – hike interest rates during…
Iranian president's words came at summit for gas exporting countries in Russia.
The Federal Reserve meets in Washington this week, where it will consider whether to raise interest rates in an effort to tamp down on inflation.
The U.S. government is granting visas to Flávio Bolsonaro and his family following his defeat in Brazil's presidential election, a senior Trump administration official tells Axios.Why it matters: The move comes days after Brazil President Luiz Inácio Lula da Silva defeated Bolsonaro, the son of former President Jair Bolsonaro, in a closely watched election.Driving the news: Following the election, Brazil's Supreme Court ordered Bolsonaro on Monday to surrender his passports and barred him from leaving the country.The order relates to an ongoing investigation into alleged money laundering.
Bolsonaro has denied any wrongdoing.Trump administration officials said they would not comment further until the Bolsonaro family is safely in the United States.The big picture: President Trump and his administration have repeatedly backed the Bolsonaro family, with the president denouncing the prosecution of the elder Bolsonaro as a "witch hunt."Jair Bolsonaro was convicted last year by Brazil's Supreme Court of plotting a coup to overturn the 2022 election and sentenced to a 27-year prison sentence, though he remains under house arrest due to health problemsTrump's administration has targeted Brazilian Supreme Court Justice Alexandre de Moraes, who oversaw the prosecution, with visa restrictions and, separately, sanctions that were later lifted.The Trump administration also imposed steep tariffs on Brazilian imports in 2025, escalating tensions between Washington and Brasília.Go deeper: Brazil's election ignites MAGA's midterm warningsEditor's note: This story has been updated with additional information throughout.
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Mailers and text messages ostensibly appearing to be sent from a GOP group to Hudson Valley voters accuse the two-term GOP congressman of supporting amnesty for illegal immigrants, which he does not, in what Lawler blasted as an illegal “voter suppression effort.”
The United Nations Development Program in Afghanistan said Tuesday in a post on X that the large-scale return of Afghans has added “pressure on jobs, essential services and infrastructure.” UNDP adds that between 2023 and 2025, about 4.9 million Afghans returned to the country.
What can the Chancellor do for the South’s housing market? BBCBudget 2026: mortgage rates and mansion tax – expert…
Get our breaking news email, free app or daily news podcastOnline hate is spilling into the real world, AFP warnsAFP Commissioner Krissy Barrett began her late-night appearance at the Senate estimates hearing noting “a heaviness that hangs across Australia” after the alleged attack on independent MP Helen Haines.Lone actors are being motivated by a convergence of personal grievances, mental health vulnerabilities and ideological concerns … What helped keep us safe in recent times, such as our geography, analogue systems and far away criminals, has been impacted by fully integrated technology, social media and artificial intelligence.We hear about the devastating impacts of racism from communities every day.
But many experiences go unreported or uncounted, and our systems often do not capture the full picture.This is not about collecting more data to prove racism exists. We already know it does. It is about making inequality visible, holding institutions to account and giving communities greater agency over their data to drive real change.
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Polymarket is reportedly facing renewed scrutiny from federal regulators over whether it violated a 2022 settlement requiring the prediction market giant to block American traders from its offshore platform.
One morning in June, the head of export at Ukrainian drone company Stellarion found himself unexpectedly in need of a U-Haul outside the Detroit Metro Airport in Michigan. Stellarion was set to test its drones in front of American soldiers at a competition organized by the Pentagon at Camp Grayling,
President Trump applauded Quebec's new separatist premier Tuesday, continuing to jab at Ottawa despite fragile trade talks that seemed to be gaining momentum. The big picture: Even as Trump's top economic adviser suggested a deal to ease the ongoing trade war is possible, the president has continue to antagonize Canada.The U.S. recently accused Canada of trying to influence American elections through retaliatory tariffs, which Canadian officials have denied.Meanwhile, Trump's continued to antagonize Canada from the campaign trail, saying at a Mississippi stop Monday that it was "charging us massive tariffs" and has "treated us badly."Driving the news: In a brief shoutout Tuesday, the president congratulated Paul St-Pierre Plamondon for his win some three weeks ago.While a recent vote stymied an Albertan separatist push, St-Pierre Plamondon has vowed to hold Quebec's third referendum on independence, though he's said it wouldn't happen until after Trump leaves office.St-Pierre Plamondon's center-left Parti Québécois won 60 of 127 seats, leaving it four short of a majority.
It would likely need support from a fellow separatist party to advance a referendum.Prime Minister Mark Carney has emphasized the importance of Canadian unity as the nation faces unprecedented hostility from the American president.Trump shared an Irish Times article that framed the Quebec vote as a "blow to Mark Carney" that could "hamper" his "efforts to maintain national unity against Trump."Zoom out: Trump on Tuesday also congratulated British Columbia's premier-designate, Lorne Doerkson, after his Conservatives swung the province rightward."Conservatives are moving strong in Canada!" the president wrote.
Doerkson, however, has rejected suggestions that he's aligned with the president, similar to St-Pierre Plamondon.Friction point: The U.S. Embassy in Canada last week accused Canadian leaders of trying to influence American politics with reciprocal tariffs on politically important products and states in the U.S.The White House did not immediately respond to Axios' request for comment.The intrigue: White House economic adviser Kevin Hassett said in a Fox interview Sunday that negotiations with Canada have "picked up" and are "gathering steam."Carney told reporters Monday trade talks had intensified slightly since the talks last fell apart in August.Midterm politics are complicating Trump's tariff agenda, Axios' Courtenay Brown reports.
Last week, the the White House exempted certain Canadian imports from 50% tariffs following pressure from Sen. Susan Collins (R-Maine).Collins pledged to seek to seek further tariff relief and encourage a broader trade agreement with Canada.The bottom line: Trump relationship with Canada has been tumultuous — rattled by trade tensions and the president's persistent "51st state" threats.Go deeper: Trump's Canada feud collides with Alberta's separatist vote
Stocks in the artificial-intelligence industry are leading Wall Street mostly higher as their yo-yo moves swing back upward.
Emissions from exported oil would not count against carbon budget, insiders say – reasoning likely to draw dismay from climate campaignersThe giant Rosebank oilfield can be approved without breaching the UK’s emission targets, according to government insiders, in a boost to those in the cabinet who are pushing for it to be given the go-ahead.The Guardian revealed last week that Miatta Fahnbulleh, the energy secretary, was leaning towards rejecting the project, but her position has put her at loggerheads with cabinet colleagues, including the chancellor, John Healey, who are lobbying for an approval.
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The tunnel’s final design work, property acquisition, and environmental permitting will continue from 2026 through 2031.
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Cost-saving move raises questions about commitment to regional growth just as Andy Burnham pushes devolution as way to kick-start economy
Slowing margin-debt growth could signal growing risks for stocks.
Our message to Chancellor John Healey: "We need a Budget that fans the embers of economic growth, and that creates jobs for the near one million Neets and older workers alike"
The federal government is yet to clarify the tax implications for leaving shares in your will, prompting a lot of confusion.
On Melbourne Cup day – bet on interest rates rising. It’s a sure thing.
Labor government’s National Reconstruction Fund posts 7.7% rate of return in its second year
Big Law powerhouse working with Davis Polk on options that also include last-minute merger or slimmed-down entity
The FBI put Gov. Kathy Hochul in her place after she labeled the federal probe into a Democratic Party boss a “political hit job” — as the feds revealed its agents are working jointly with state investigators. Hochul had blasted an FBI investigation into Suffolk County Democratic Party Chairman Rich Schaffer even though she admitted...
Trump’s combative approach to Canada appears to be softening just days before midterm elections where tariff fueled inflation is a primary concern for voters.