BOK’s Shin Sees Need for Rate Hike Ahead of Next Week’s Meeting

(LEAD) S. Korea's monthly exports hit US$100 bln for 1st time in June

SEOUL, July 1 (Yonhap) -- South Korea's monthly exports hit a fresh high by surp...

Higher Tokyo Inflation, Hawkish BoJ Comments, Up Odds Of October Hike

Higher Tokyo Inflation, Hawkish BoJ Comments, Up Odds Of October Hike

Higher Tokyo inflation, hawkish BoJ comments, up odds of October hike

ASIA/PACIFIC: Tokyo’s CPI inflation rose in June, suggesting that second-round effects from higher oil prices are increasing, while Bank of Japan officials are sounding more hawkish. With core prices likely to accelerate going forward, we have brought forward our BoJ rate-hike call to October from December

Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broaden

Tokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broadening price pressures, prompting the Bank of Japan to consider further interest rate hikes. While some economists express caution about the extent of these pressures, the central bank is closely monitoring the situation as it navigates policy normalization amidst global economic uncertainties.

Perils of leverage 영향력의 위험성

The benchmark Kospi crossing 8,000 points marked a new milestone for investors in South Korea. Yet it also exposed how quickly celebration can give way to unease. 한국의 대표 지수인 코스피가 8천선을 넘어 투자자들에게 새로운 이정표를 제시했다. 그러나 동시에 축포를 터뜨리는 것이 얼마나 빨리 불안감에 밀려날 수 있는지를 드러내기도 했다. On Tuesday, the index closed at 8,047.51, up 2.55 percent. It rose again on Wednesday to 8,228.70. By Thursday afternoon, however, it had fallen nearly 4 percent before recovering to close at 8,185.29. In three sessions, the market delive

North Korea’s showcase coastal resort is turning into a symbol of inequality

Interest in North Korea’s Wonsan Kalma Coastal Tourist Zone is rising sharply ahead of the summer season in 2026, with word-of-mouth praise from visitors spreading across the country — but steep costs are keeping the resort firmly out of reach for most North Korean people. A source in North Pyongan province told Daily NK recently []

South Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank

The Bank of Korea is worried that a wage-price spiral is increasing consumer demand and pushing up prices.

Some in BOJ called for further rate hikes, June summary shows

Some in BOJ called for further rate hikes, June summary shows

Oil prices rise amid uncertainty over US-Iran talks

Oil prices rise amid uncertainty over US-Iran talks Oil prices rose on Sunday as traders assessed the implications of ongoing US-Iran negotiations and the durability of the ceasefire between the two countries. According to Reuters, Brent crude futures climbed by 1.09, or 1.35 percent, to 81.66 a barrel by 22:06 GMT, after reaching an early session high of 82.30. The increase came amid continued uncertainty over future oil supplies and the outcome of diplomatic talks. Oil prices had fallen last week after several tankers successfully transited the Strait of Hormuz, easing concerns about disruptions to one of the world's most important energy shipping routes. However, market participants remain cautious as negotiations continue and questions persist over the long-term stability of the agreement.

BOK chief says rate hike needed at appropriate time

BOK chief says rate hike needed at appropriate time

'Pure chaos' at crowded Yosemite. Senators call for return of reservation system

FRESNO, Calif. — Even before Yosemite entered into its peak summer season, the national park was seeing a massive increase in visitors; as much as 45 in March, according to data from the National Park Service. By the time May rolled around the...

BOJ’s Ueda Reiterates Risk of Inflation Exceeding 2% Target

The Bank of Japan sees the risk of inflation exceeding its 2 target and will conduct additional interest-rate hikes appropriately, Governor Kazuo Ueda said in speech Wednesday that reiterated policymakers’ recent messaging.

Will the Fed Cut Rates in July 2026? Here's What the Markets Say

A Fed rate cut isn't happening in July 2026. Here's why a hike is on the table instead, and what it means for your savings and debt.

Roadside land prices rise in popular Japanese tourist sites

Across the board, the prices of land facing major roads in Japan as of Jan. 1 went up by 2.9, marking a fifth consecutive year of increases.