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South Korea inflation cools to three-month low, but risks remain

South Korea inflation cools to three-month low, but risks remain

SEOUL, Aug 4 (Reuters) - South Korea's consumer inflation softened to a three-month low in July, coming in below market expectations on a fall in oil prices, though policymakers remained wary of upward price pressures.
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South Korea inflation cools, but back-to-back rate hike not ruled out

South Korea inflation cools, but back-to-back rate hike not ruled out

By Jihoon Lee SEOUL, Aug 4 (Reuters) - South Korea's consumer inflation softened to a three-month low in July, coming in below market expectations on a fall in oil prices, though policymakers remained wary of upward pressures and markets did not rule out a possible back-to-back rate hike this month.
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South Korea proposes higher taxes on wealthy homeowners to stabilise property market

South Korea proposes higher taxes on wealthy homeowners to stabilise property market

SEOUL, Aug 3 (Reuters) - South Korea proposed on Monday property tax adjustments aimed at imposing higher duties on wealthy homeowners, as policymakers strive to stabilise a red-hot housing market. 
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India central bank to stay on hold even as peers pivot to rate hikes

India central bank to stay on hold even as peers pivot to rate hikes

By Jaspreet Kalra MUMBAI, Aug 3 (Reuters) - India's central bank is expected to keep interest rates unchanged this week, diverging from many of its global peers as inflation remains modest despite higher global oil prices while steps to support the rupee drive strong inflows.
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Japan's economy minister offers sanguine view on inflation

Japan's economy minister offers sanguine view on inflation

By Leika Kihara TOKYO, Aug 4 (Reuters) - Japan has seen only moderate rises in consumer prices so far with the pass-through of higher costs from the Middle East conflict remaining limited, Economy Minister Minoru Kiuchi said on Tuesday, offering a sanguine view on inflationary risks.
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Yen holds gains after Japan, US confirm joint intervention, signal more action

Yen holds gains after Japan, US confirm joint intervention, signal more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - The Japanese yen held gains above recent 40-year lows on Monday after Japan and the United States launched a rare joint yen-buying intervention and vowed to take further action if needed to shore up the currency.
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US shakes up currency markets with unusual yen-buying via selling euros

US shakes up currency markets with unusual yen-buying via selling euros

By Alun John LONDON, Aug 3 (Reuters) - Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S.
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US shakes up currency markets with talk of unusual yen-buying via selling euros

US shakes up currency markets with talk of unusual yen-buying via selling euros

By Alun John LONDON, Aug 3 (Reuters) - Traders grappling with an already rare co-ordinated U.S.-Japanese action to prop up the weak yen are also digesting a further unusual dynamic: the U.S. selling euros. Japan confirmed on Monday it had carried out yen-buying intervention on Friday with the U.S.
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Yen clings to intervention gains as traders stay alert to more

Yen clings to intervention gains as traders stay alert to more

By Rae Wee SINGAPORE, Aug 4 (Reuters) - The yen held on to most of its intervention-driven gains on Tuesday, after last week's joint action by Tokyo and Washington to shore up the currency kept speculators wary of rebuilding bearish positions.
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Japan confirms joint yen intervention with US, signals readiness for more action

Japan confirms joint yen intervention with US, signals readiness for more action

By Makiko Yamazaki and Leika Kihara TOKYO, Aug 3 (Reuters) - Japan and the U.S. conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on Monday, confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.
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Asia stocks move higher on Wall Street lead, oil steady

Asia stocks move higher on Wall Street lead, oil steady

By Gregor Stuart Hunter SINGAPORE, Aug 4 (Reuters) - Asian markets made cautious gains at the start of trading as investors followed a global rally, with oil prices holding near the lowest levels in weeks as the U.S.-Iran conflict remained at a stalemate.
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South Korea Begins National Selection for Eurovision Asia 2026

South Korea Begins National Selection for Eurovision Asia 2026

South Korea Begins National Selection for Eurovision Asia 2026