Economy News

Economy

Japan's 10-Year Bond Yield Hits Decade-High, Signaling Policy Shift

Japan's 10-year government bond yield has surged to 1.11%, marking its highest point in over 13 years. This rise is attributed to market expectations of tighter monetary policy ami...

Economy

Japan's Finance Minister Alerts on Yen Volatility and Speculative Risks

Japan's Finance Minister Katsunobu Kato warns against the impact of speculative activities on the yen, emphasizing the importance of stable currency movements and the administratio...

Economy

South Korean Financial Markets Shaken as Exchange Rate Hits 1,480 Won and KOSPI Drops Below 2,400 Amid Political Crisis

South Korea's financial markets face turbulence as the won/dollar exchange rate exceeds 1,480 won and the KOSPI index falls below 2,400, amid political instability and a proposed i...

Economy

South Korea's Business Confidence Plummets to Four-Year Low Post-Martial Law

South Korea's business sentiment has reached its lowest point in over four years, since the COVID-19 pandemic, following the declaration of martial law. The Composite Business Sent...

Economy

South Korea Announces Historic Won-Denominated Forex Stabilization Bonds After 22 Years

South Korea plans to issue won-denominated foreign exchange stabilization bonds for the first time in 22 years, starting January. This move aims to stabilize the won-dollar exchang...

Economy

Bank of Japan Urges Comprehensive Data Analysis Before Policy Shifts

The Bank of Japan emphasizes the importance of data review before adjusting monetary policy, amidst global uncertainties and the need to monitor wage negotiations, suggesting no ru...

Economy

Surprising Drop: Japan's Industrial Output Declines by 2.3% in November

Japan's industrial production index unexpectedly fell by 2.3% in November to 101.7, marking a significant decrease from the previous year. The shipments and inventories indices als...

Economy

Tokyo's Inflation Surge: Consumer Prices Jump to 3% in December

Tokyo's Ku-area sees a 3% rise in Consumer Price Index (CPI) for December, a 0.4 percentage point increase from November. Excluding fresh food and energy, the CPI also rose by 2.4%...