The Bank of Korea has decided to freeze the base rate at 3% amidst economic uncertainties, including exchange rate volatility and political instability. Additionally, it has expand...
Asia-Pacific markets mostly traded lower due to South Korea's political crisis and disappointing US economic data. South Korean President Yoon Suk-yeol's arrest and the US Producer...
European markets closed lower amidst growing concerns over global economic stability and the impact of the UK's fiscal policy. Major indices and currencies experienced declines, re...
Federal Reserve Bank of Philadelphia President Patrick Harker discusses the central bank's ongoing interest rate-cutting strategy, emphasizing a data-dependent approach amidst glob...
India has become the second-largest global gold buyer, adding 8 tons to its reserves in November 2024, as per the World Gold Council. This move, part of a global trend among centra...
Silver prices surged over 2%, reaching their highest since mid-December, driven by safe-haven demand amid economic uncertainties, including potential shifts in U.S. trade policy an...
Gold prices have surged, with Saigon Jewelry Company reporting a 0.59% increase in gold bar prices to VND85.5 million per tael. Globally, gold benefits from a softer U.S. dollar an...
South Korea faces political and economic uncertainty after the impeachment of its top leaders, with concerns over international credibility and calls for a political system overhau...
Foreign investors are rapidly withdrawing from South Korea's financial markets due to political instability and the declaration of martial law, leading to significant declines in s...
The Bank of England (BoE) has announced that it will maintain its interest rates at 4.75%, unchanged after a reduction in November. This decision reflects the bank's strategy amids...
Business leaders in South Korea urge a supplementary budget to boost domestic demand and expedite special legislation for semiconductors and AI, amid concerns over economic uncerta...
The Bank of Japan is expected to skip a December rate hike due to economic uncertainties, including US tariff strategies and upcoming wage hikes in Japan.
South Korea's export volume is projected to reach a record $685 billion in 2024, a 9.5% increase from the previous year. This surge is expected to propel the nation from 8th to 6th...
