In a significant shift to address South Korea’s lagging economy, the Bank of Korea has reduced its benchmark interest rate for the first time in more than four years. The central bank’s decision reflects growing concerns about sluggish economic growth, despite ongoing issues related to household debt. The Bank of…
The 2024 hurricane season is underway, and experts are forecasting that it will be severe, as the frequency and…
Asian stocks showed a mixed performance on Friday, as Chinese markets slipped amid investor anticipation of a key policy…
Investors are eagerly awaiting new policies from Beijing this weekend, hoping they will help revive the country’s economy. China’s…
Crude oil prices retreated on Friday, but are still on course for a second straight week of gains as…
In recent months, rising tensions in the South China Sea have posed a significant threat to global shipping lanes.…
A significant portion of the Federal Reserve’s decision-makers were in favor of a more aggressive approach to rate cuts…
In September, Mexico’s annual inflation rate unexpectedly decreased to 4.58%, marking its lowest level since March and the second…
Global wheat prices are on the rise as bad weather in Russia limits production of the worldwide staple grain. …