U.S. Flags South Korea Over Currency Market Intervention and Surging Trade SurplusThe U.S. Treasury has designated South Korea as a currency monitoring country due to its significant trade and current account surpluses.
77% of South Korean Companies Fear Trump's Win Could Spell Trouble for TradeSouth Korean firms fear U.S. election outcomes will harm the economy, prompting cuts in R&D and cautious investment strategies.
President Yoon Heads to Peru and Brazil for Key Global Summits, Expected to Meet with Biden and XiPresident Yoon Suk Yeol will visit Peru and Brazil for APEC and G20 summits, discussing economic growth and climate cooperation.
China’s Secret Weapon Against Trump’s Tariffs: Clean Energy & Global MarketsChina is better equipped to respond to Donald Trump's proposed tariffs, despite past trade war experiences with high tariffs.
IMF’s $1.1 Billion Loan to Ukraine on Hold Amid Tax Bill DelaysThe IMF reviews Ukraine's lending program amid tax reform delays, assessing conditions for a $1.1 billion fund release.
U.S. Dollar Rises as Trump’s Policies Put Pressure on Global CurrenciesThe US dollar surged to a one-year high following Donald Trump's election, bolstered by robust US growth and anticipated trade policies.
Copper Prices Tumble: What’s Behind the 12% Drop Since Trump’s Election?Copper prices are declining due to U.S. tariffs and disappointing Chinese stimulus, impacting the global metal market significantly.
Trump’s Tariff Talk Sends UBS Lowering China’s Growth Outlook to 4%UBS lowers China's GDP growth forecast for 2025 from 4.5% to 4% due to potential U.S. tariffs under President-elect Trump.
5 Ways a Trump Presidency Could Shake Up the Economy—Here’s What to WatchTrump claims victory in the election, but analysts warn of economic risks including tariffs, inflation, and global trade tensions.
From Tax Cuts to China Tariffs: Mnuchin on Trump’s Economic Revival PlanFormer Treasury Secretary Steven Mnuchin predicts a return to tax cuts and tariffs under a Trump administration, emphasizing GOP agendas.
U.S. Interest Rates Drop—Is the Fed Signaling More Relief Ahead?The Federal Reserve (Fed), the U.S. central bank, has implemented another interest rate cut following its previous reduction in September.
Trump’s Win Sparks Fears of Costly Tariffs for Korean Auto Battery GiantsTrump’s election victory raises concerns for South Korea's automotive and battery industries amid the U.S. presidential race.
Trump’s Win Sends Japanese Stocks Soaring, While China Feels the SqueezeTrump's election as the 47th U.S. President caused Japanese stocks to surge while Chinese markets declined, hinting at economic shifts.
Will Trump’s Trade Promises Slam South Korea’s Exports? Bank of Korea Thinks SoThe Bank of Korea warns that Donald Trump's election could harm South Korea's export market, citing trade condition changes.
Kim Jong Un Pushes Propaganda as North Korea Faces Economic Struggles and Rumors of Troop DeploymentsNorth Korea has launched a sweeping propaganda campaign to promote the achievements and leadership of Kim Jong Un...
23 Nobel Laureates Endorse Kamala Harris, Warn of Trump's Economic Dangers23 Nobel Prize-winning economists have publicly endorsed Vice President Kamala Harris, the Democratic presidential candidate.
China’s Stimulus Boosts Oil Prices as U.S. Faces Hurricane ThreatsThe price of New York crude oil rose after China announced interest rate cuts and a large economic stimulus package.
U.S. Inflation Hits 3.5-Year Low: What Does This Mean for Your Wallet?U.S. CPI dropped to 2.5%, the lowest in three and a half years, with core inflation surpassing expectations.
Huge Oil and Gas Find in Pakistan? What This Discovery Could Mean for Global MarketsPakistan may have significant oil and gas reserves, revealed by Muhammad Arif. Exploration needs $5 billion and years.
Is a Trade War Looming? JP Morgan Raises Red Flags on China StocksJPMorgan Chase downgraded Chinese stocks from "overweight" to "neutral" due to U.S.-China tensions, weak policy support, and growth concerns.
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