Bank of Korea, Central Bank, South Korea

Bank of Korea (BOK) Surprises Markets with Back-to-Back Interest Rate Cut

The Bank of Korea (BOK) cut its seven-day repurchase rate by a quarter percentage point to 3% on Thursday, marking its second consecutive rate reduction in less than two months. The unexpected decision came alongside a downgraded economic growth forecast...
Asian Financial Markets

Asian Stocks Hold Steady Amid Thanksgiving Lull, Yen Pulls Back from Gains

 Asian stock markets displayed restrained movements on Thursday as traders opted for caution ahead of the US Thanksgiving holiday, a time traditionally marked by reduced activity in global financial markets. Bond yields softened across the region, while the Japanese yen...
Mexican Pesos- US Dollar

Mexican Peso Surges After Trump-Sheinbaum Call Amid Mixed Signals on Policy Stance

The Mexican peso gained ground Thursday after President-elect Donald Trump described a "wonderful conversation" with Mexico’s President Claudia Sheinbaum, signaling potential cooperation on key bilateral issues. However, diverging statements on migration policy hinted at significant challenges ahead. The peso advanced...
Asian Stocks

Asian Markets Remain Subdued as U.S. Inflation Concerns Linger

Asian shares experienced subdued trading on Thursday, reflecting investor caution as fresh U.S. data showed stalled progress in lowering inflation. While the U.S. economy displayed resilience, uncertainty over the Federal Reserve's monetary policy for 2025 kept traders hesitant. The Thanksgiving...
US-China, Economic

China Praises U.S. Firms Amid Looming Trade War with Trump Administration

Amid rising fears of a renewed U.S.-China trade war, Chinese state media have singled out certain American companies for their “strong collaboration” with local partners. This commentary comes as U.S. President Donald Trump prepares to take office for his second...
Oil

Oil Prices Edge Lower Amid Surprising U.S. Gasoline Stock Build and Light Holiday Trading

Oil prices dipped in Asian trading on Thursday, reflecting unease among investors after a surprising build in U.S. gasoline stocks ahead of the Thanksgiving holiday. The unexpected increase sparked concerns over demand in the world's largest consumer of motor fuel....
South Korea central bank

South Korea’s Central Bank Cuts Interest Rate Amid Slower Growth Forecast

South Korea's central bank lowered its benchmark interest rate on Thursday for the second consecutive month. The Bank of Korea (BOK) cut its policy rate by 0.25 percentage points to 3%, signaling a shift towards more accommodative monetary policies in...
F-35 Fighter Jets

Turkey Sees Renewed Hope for F-35 Fighter Jets Amid Shifting US Stance

Turkey’s efforts to acquire the coveted F-35 fifth-generation fighter jets from the United States may be gaining new momentum. On November 26, Turkish Minister of National Defense Yaşar Güler shared encouraging updates during a session of the Plan and Budget...
Donald Trump

Tulsi Gabbard’s Appointment as Director of National Intelligence: Trump’s Strategy to Tame the “Deep State”

In a striking move reflective of his long-standing battle against what he calls the "Deep State," President-elect Donald Trump has selected Tulsi Gabbard, a former Democratic congresswoman and prominent critic of the U.S. surveillance state, to lead the Office of...
Pro- Imran Khan Capital March

Pro-Imran Khan Capital March: Nearly 1,000 Protesters Arrested as Pakistan’s Political Turmoil Deepens

Pakistan's police reported on Wednesday the arrest of nearly 1,000 protesters who had stormed the capital, demanding the release of former Prime Minister Imran Khan. The unrest, marked by the largest political gathering since February’s contentious elections, has heightened tensions...
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