South Korea
North Korea fires multiple ballistic missiles toward the sea ahead of U.S. election
People watch a TV broadcasting a news report on North Korea firing missiles that flew 400 km after lifting off at around 7:30 a.m. from Sariwon, just south of the capital Pyongyang, at a railway station in Seoul, South Korea, November 5, 2024. Kim Hong-Ji | Reuters North Korea on Tuesday fired multiple short-range ballistic […]
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Asia-Pacific markets trade mixed as investors eye Fed and RBA rate decision
The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets traded mixed on Tuesday as investors prepared for the U.S. presidential election and a possible interest rate cut from the Federal Reserve later this week. Japan’s Nikkei 225 added 0.68% in its first hour of […]
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South and North Korea troops potentially entering Russia-Ukraine war unlikely to stoke regional conflict
Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea’s military, as seen from the South Korean side, October 15, 2024, in this screen grab from a handout video. South Korean Defense Ministry South and North Korea troops potentially entering […]
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South Korea’s economy barely grows in third quarter, missing expectations
Shoppers at the shopping street in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Woohae Cho | Bloomberg | Getty Images South Korea’s economy barely grew in the third quarter, missing market expectations, as consumer spending rebounded but exports fell. In the July-September quarter, gross domestic product expanded 0.1% from a quarter earlier on a […]
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North Korea blows up parts of inter-Korean road on its side of border, Seoul says
Smoke rises after North Korea blows up sections of inter-Korean roads on its side of the border between the two Koreas, according to South Korea’s military, as seen from the South Korean side, October 15, 2024, in this screen grab from a handout video. South Korean Defense Ministry North Korea has blown up sections of inter-Korean roads and rail lines on its side of the […]
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BlackRock, Fidelity snap up Hyundai India shares in record $3.3 billion IPO
The Logo of Hyundai Motor India Limited is seen on a parked car in the company’s stockyard, in the outskirts of Ahmedabad, India, October 8, 2024. Amit Dave | Reuters Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country’s largest share offering yet. The Government […]
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CNBC Daily Open: Is higher-than-expected CPI just a ‘janky’ data point?
Customers shop for eggs at a Sprouts grocery store on April 12, 2023 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]
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Bank of Korea trims interest rates after holding for almost two years
Pedestrians crossing a road in front of the Bank of Korea headquarters in Seoul on July 13, 2022. South Korean economic growth unexpectedly picked up in the second quarter as strong consumption on eased Covid-19 restrictions offset poor exports, supporting the case for further central bank interest rate hikes. Jung Yeon-je | Afp | Getty […]
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South Korea factory activity shrinks sharply as overseas demand weakens, PMI shows
Aerial view of the capital city of Seoul in South Korea, seen at sunset. Tobiasjo | E+ | Getty Images South Korea’s factory activity contracted at the sharpest pace in 15 months in September as overseas demand slowed for the first time in the year, a private survey showed on Wednesday, suggesting a slow road to a full-blown […]
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South Korea’s export growth slows as external demand moderates
South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome that may support market expectations for an easing of monetary policy as early as next week. Mongkol Chuewong | Moment | Getty Images South Korea’s export growth slowed in September, with shipments to the United States barely increasing, in an outcome […]
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