Airline SAS shares hit record low as Sweden says no to more cash
WEDNESDAY, JUNE 08, 2022
The Swedish government said on Tuesday that it will not inject new capital into loss-making airline SAS and does not aim to be a long-term shareholder in the company. The announcement, by Industry Minister, Karl-Petter Thorwaldsson, sent its shares down 14% to all-time lows.
Indian rupee touches record low as Asia markets tumble
FRIDAY, AUGUST 31, 2018
Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey.