BOJ will raise rates if economy, price conditions continue to improve, Ueda says
By Kentaro Sugiyama TOKYO (Reuters) -The Bank of Japan will raise interest rates and adjust the degree of monetary support if improvements in the economy and price conditions continue, Governor Kazuo Ueda said on Wednesday. The new U.S. administration’s economic policy and
Euro zone households could increase consumption, ECB chief economist says
(Reuters) – Euro zone households are likely to reduce their savings this year and consume more of their disposable income, though this shift is still likely to be modest, European Central Bank chief economist Philip Lane said on Wednesday. Improved real
Foreigners sold South Korean equities last month by most since early 2020
SEOUL (Reuters) – South Korea’s capital markets in December experienced the largest foreign outflows since March 2020 as heightened political uncertainty hit investor sentiment, central bank data showed on Wednesday. Foreigners last month extended their South Korean stock market selloff
Japan likely to miss primary budget surplus target for FY2025, sources say
By Yoshifumi Takemoto TOKYO (Reuters) – Japan is likely to miss achieving its goal of running a primary budget surplus by the next fiscal year, according to three sources with knowledge of fresh fiscal estimates, as the minority government faces increasing
South Korean President Yoon arrested over martial law- local media
Investing.com– Impeached South Korean President Yoon Suk Yeol was arrested by authorities on Wednesday following a botched attempt to impose military law in the country in late-2024, local media reports showed. Reports said that investigators had entered Yoon’s Presidential compound in