Asia
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South Korean battery maker SK On to lay off workers as EV industry slows
South Korean battery maker SK On to lay off workers as industry grapples with slowdown in EV sales -
South Korea's central bank says it may cut interest rates next month if Seoul's housing price control plan works
South Korea's central bank says it may ease monetary policy next month if government's housing price control measures work, after Seoul's housing prices surge -
The yen weakened to a one-month low of 145 yen per dollar.
Yen weakens to one-month low of 145 yen/dollar as market eyes Japan's ruling party leader election on Sept. 27, 67 -
Australian inflation falls to 2.7% for first time in 3 years, but RBA unlikely to cut rates anytime soon
Australia's inflation eased to 2.7%, below the Reserve Bank of Australia's target for the first time in three years, but the RBA is unlikely to cut rates anytime soon. -
BOJ reveals officials disagree on early rate hike, says economic impact must be monitored after market volatility
Bank of Japan meeting minutes reveal officials disagree, BOJ should not raise interest rates too soon, must be careful and look at the economic impact from market volatility after the July rate hike, causing the market to fall sharply -
Saxo Bank to close Hong Kong, Shanghai offices amid weak Chinese economy
Denmark's Saxo Bank to close Hong Kong and Shanghai offices, move to Singapore amid China's weak economy, says cuts started early this year before branch closures -
South Korea warns $8.6 billion pension fund could run out of money if reforms aren't made
South Korea's health minister warns $8.6 billion pension fund could run out of money without reform, citing pressure from aging population, low birthrate -
South Korea to launch “unemployed youth assistance” measure, injecting $1.7 billion to support employment
South Korea is preparing measures to help unemployed youth, increasing the employment support budget to 2.29 trillion won (1.7 billion US dollars) in 2568, a 16% increase from 1.96 trillion won this year. -
Toyota announces expansion of share buyback plan, increasing the amount to 1.2 trillion yen
"Toyota" announced an expansion of its share buyback plan after the share price continued to fall 27%, increasing the amount from 1 trillion yen to 1.2 trillion yen. -
Reserve Bank of Australia holds rates steady as expected, signals continued tightening
The Reserve Bank of Australia has left interest rates unchanged at a 12-year high, as expected, signalling continued tightening but not raising rates.
































