Martial law and Trump: political shocks add to South Korea’s economic woes
Asia’s fourth-largest economy is facing these problems as it navigates twin political shocks: Donald Trump’s re-election in the US and the fallout from South Korean President Yoon Suk Yeol’s failed ...
Wall Street finishes its best week since Trump’s election with a rally
U.S. stock indexes rallied to close out their best week in two months. The S&P 500 rose 1% Friday. The Dow Jones Industrial ...
Bank of Japan Is Set to Raise Interest Rates, Trump Permitting
Bank of Japan Governor Kazuo Ueda will size up the need to raise interest rates on Friday amid heightened expectations of a ...
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
Foreigners pull out of Asian bonds for a second month in December
Asian debt markets saw foreign outflows in December, for the second month in a row, reversing strong demand from earlier in ...
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or ...
Bank of Korea Surprises by Holding Rates Steady As Uncertainty Lingers -- Update
The surprise decision came as South Korea's trade-dependent economy faces challenges from weakening export growth and a sluggish recovery in domestic demand, partly hindered by political turmoil ...
Wall Street rips higher on inflation data and strong bank profits
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in ...
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong ...