Central banking
South Korea headline inflation at 2.4% y/y, bolstering case for rate pause
Stalls at the Gwangjang traditional market in Seoul, South Korea. Eric Lafforgue/art In All Of Us | Corbis News | Getty Images South Korea’s consumer prices rose 2.4% in November from a year earlier, driven by higher food and services costs, bolstering the case for the Bank of Korea to maintain interest rates at the current level for […]
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Asia-Pacific markets start December mixed with China’s manufacturing data in focus
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December on a mixed note Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve […]
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Asia-Pacific markets track Wall Street gains as tech extends rebound
The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets advanced Thursday after Wall Street gained overnight as Fed rate-cut hopes rose and tech stocks rebounded. Japan’s benchmark Nikkei 225 index rose 1.42%, led by tech stocks, while the Topix index added 0.64%. Among the […]
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South Korea keeps rates steady as FX risks limit easing scope
South Korea’s central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government’s steps to cool Seoul’s property market play out. The Bank of Korea’s monetary policy board voted to keep the benchmark interest rate unchanged at 2.50%, in line […]
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New Zealand central bank cuts rates to over 3-year low, signals end to easing cycle
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022. Hagen Hopkins | Getty Images News | Getty Images New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signaled […]
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Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations
SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. […]
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Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent and hopes of a Fed rate cut. Optimism about Alphabet’s […]
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One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much
Key Points Messages that come out of the top echelon at the Fed are measured carefully, calibrated between delivering clear ideas about policy without causing undue reaction in financial markets. That’s why a speech Friday from the current New York Fed leader, John Williams, mattered so much to markets. Ongoing concerns about AI tempered a […]
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‘Landmark partnership’: Singapore’s SGX ties up with Nasdaq for dual listings to boost stock market
Signage for SGX Group at the Singapore Exchange Ltd. stock exchange headquarters in Singapore, on Monday, July 14, 2025. Bloomberg | Bloomberg | Getty Images Singapore is doubling down on its efforts to make the city-state’s stock market more attractive for companies and investors. The country’s bourse has tied up with the Nasdaq to simplify […]
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Asia markets set to open mixed as Nvidia’s earnings beat and bullish forecast lift tech sentiment
A view of Tokyo’s skyline on July 27, 2021 in Tokyo, Japan. Julian Finney | Getty Images Sport | Getty Images Asia-Pacific markets were set to open mixed Thursday as investors digested Nvidia‘s latest quarterly beat — released after the closing bell stateside — which appeared to restore confidence in major technology stocks. Shares of […]
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