Market participants will watch the events this week for clues on how policymakers plan to steer the economy through entrenched disinflation and looming U.S. tariffs.
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South Korea’s President Yoon survives impeachment motion after ruling party boycotts vote
The motion, tabled by opposition politicians, needed the support of two-thirds of South Korea’s 300-member National Assembly to pass.
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India’s central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India’s growth has made RBI’s task tougher.
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Ed Sheeran announces concert in Bhutan — with tickets starting at $10
Ed Sheeran announced this week he’s taking his Mathematics Tour to Bhutan on Jan. 24, 2025 — the first major international concert to be held in the country.
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CNBC’s Inside India newsletter: What lies ahead for India after a big GDP growth miss?
The recent growth number for the second fiscal quarter, has put a dent on the optimism towards India as experts question what lies ahead.
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South Korean President Yoon faces impeachment: How did we get here?
South Korean President Yoon Suk Yeol is facing impeachment by parliament after he declared martial law only to revoke it 6 hours later amid immense backlash.
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Australia’s third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia’s economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.
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Kospi heavyweight stocks fall in volatile trade after President Yoon’s martial law flip-flop
South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.
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As global defense spending surges, South Korean arms makers look like a clear winner
A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global markets.
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Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.