Updated August 23, 2026
Independent · Owner-operatedSubscribe
NewsNovo
Front PageNewsSectionsAboutContactSubscribe
DEALSCitigroup and Wells Fargo have room for a regional bank deal. Five names fit the target profile.DEALSPLSNF declares ILS 4.0 per share dividend with August 28 cutoffWORLDPuerto Rico statehood push runs into a tax problem residents can already feelDEALSBIRDF declares CAD 0.07 monthly cash dividend with August 31 ex-dateDEALSMARPS sets quarterly dividend at $0.095378 per share, ex-date August 31MACROCanada sets post-Labour Day countdown for US retaliationDEALSCitigroup and Wells Fargo have room for a regional bank deal. Five names fit the target profile.DEALSPLSNF declares ILS 4.0 per share dividend with August 28 cutoffWORLDPuerto Rico statehood push runs into a tax problem residents can already feelDEALSBIRDF declares CAD 0.07 monthly cash dividend with August 31 ex-dateDEALSMARPS sets quarterly dividend at $0.095378 per share, ex-date August 31MACROCanada sets post-Labour Day countdown for US retaliation
Front Page/News/Markets
MarketsJuly 23, 2026

South Korea's Kospi enters bear territory after a 5% single-session selloff

The Kospi, the world's best-performing stock market this year, fell more than 5% on Wednesday and crossed into bear territory. LSEG data show the South Korean benchmark now stands 20% below its June 19

ByFarida Karam
Read2 min
Filed by NewsNovo
Share
Source

cnbc.com

Disclosure

Editorial. NewsNovo is independent. Nothing in this article is investment advice; treat figures and quotations as starting points for your own research.

← Back to all news

More in Markets

  1. 1MarketsHedge funds post worst month against S&P 500 in over 20 years of Goldman Sachs data
  2. 2MarketsBroadcom reportedly in talks to raise $60 billion for AI chip initiatives
  3. 3MarketsGoldman Sachs makes the case for Europe's overlooked equity markets
  4. 4MarketsValueAct adds PayPal, exits Disney in second-quarter portfolio overhaul
The Daily Novo

One email each morning

The three stories that matter and nothing that doesn’t. Free.

Subscribe free
Related coverage

Read next

All stories →
Markets
01

Short-term bond funds become the refuge as cash stalls and long bonds break down

Investors anticipating a stock market correction have moved into ultra-short bond funds, the safety trade filling a gap left by two failing alternatives. Cash earns nothing. Long-term bonds, once the textbook

Emmett Donovan · 2 min read

Markets
02

JPMorgan Chase exits Polymarket over regulatory concerns

JPMorgan Chase has reportedly cut off banking services to Polymarket, the prediction market platform, citing regulatory concerns. The departure raises a practical question before it raises

Farida Karam · 2 min read

Markets
03

Goldman Sachs derivatives desk flags AI trade stall as investor focus shifts to complacency

The AI trade is beginning to stall. That is the read from a senior derivatives trader at Goldman Sachs (GS)

Farida Karam · 2 min read

NewsNovo

An independent news magazine for readers who want the story, not the noise. Filed daily from a small newsroom that still answers the phone.

Get the morning brief in your inbox — one short email, five stories that mattered.

Updated August 23, 2026

Coverage

  • Latest stories
  • Markets
  • Crypto
  • Macro
  • Deals
  • News
  • RSS feed

About

  • About NewsNovo
  • Masthead
  • Ethics & standards
  • Contact the newsroom

Subscribe

  • Daily newsletter
  • Pitch a story
  • Tip the newsroom
  • Press inquiries

Legal

  • Privacy
  • Terms of use
  • Corrections policy

© 2026 NewsNovo. Independent journalism, set in motion.

Filed from the newsroom. All rights reserved.