The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently condensed into a one-minute read. Here’s a recap of what happened yesterday: Jan. 16.
Asian stocks showed mixed results following Wall Street's performance ahead of key US inflation data. Concerns over inflation influence potential Federal Reserve rate cuts. South Korean political unrest and economic changes in Hong Kong also impacted regional markets.
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warning that any soldier or security agent that obstructs the execution of the outstanding arrest warrant for impeached president Yoon Suk Yeol may be subject to criminal charges and civil charges, according [...] German-Iranian women’s rights activist ...
HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.
Seoul shares closed little changed Wednesday as investors await key US inflation data amid trimmed bets on Federal Reserve rate cuts and the Bank of Korea's key rate decision. The Korean won rose against the US dollar.