Both indexes had rebounded strongly last week after initially falling after the martial law flip-flop and failed first impeachment vote.
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South Korea’s President Yoon impeached after failed attempt to impose martial law
The South Korean leader initially survived a first impeachment motion a week prior after allied lawmakers boycotted the vote.
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Coffee prices climb to near 50-year highs — and it may take years for the rally to run out of steam
Drought and high temperatures, alongside a global reliance on supplies from relatively few regions, are regarded as the key drivers for the dramatic price rise.
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China signals readiness to mend ties with U.S. ahead of Trump inauguration
Chinese president tries to avoid a trade war through negotiations with Trump team but concessions on key issues are unlikely, experts say.
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CNBC’s Inside India newsletter: India’s central bank has a new governor. Three experts reveal what they’d do in his shoes
The move to replace Reserve Bank of India Governor Shaktikanta Das with Sanjay Malhotra appears a calculated way to address the weakness in India’s economy.
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China stresses plans to boost growth at top agenda-setting meeting
The annual economic work conference followed a high-level Monday meeting of the Politburo, the ruling Communist Party’s top decision-making body.
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India’s inflation slows from 14-month high, raising hopes of interest rate cut under new governor
The country’s inflation rate reading comes after India had missed growth expectations for its fiscal second quarter
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Investors were already wary of South Korean stocks. Then the country descended into chaos
The ‘Korea discount’ refers to South Korean securities trading at lower valuations relative to regional peers due to investors’ concerns over issues such as corporate governance.
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Indian outbound travel will be ‘the story’ of the next decade, says Hilton executive
Indian travelers spent $34 billion on outbound travel in 2023. That’s “minuscule” compared to what’s to come, said Alan Watts, Hilton’s Asia-Pacific president.
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China’s monetary shift signals economic worries, but ‘bazooka-style’ stimulus is unlikely, experts say
Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still struggling with deflationary pressures.