Tuesday, January 7, 2025
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President Yoon Suk Yeol

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South Korea Sharply Trims GDP Forecast After Martial Law Fiasco

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(Bloomberg) -- South Korea sharply cut its economic growth forecasts for this year, reflecting the fallout from impeached President Yoon...
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Stock market today: Asian stocks mixed at the start of a holiday-shortened week

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HONG KONG (AP) — Asian markets were mixed on Tuesday after stocks in Wall Street shook off a choppy start...
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US defense secretary in Japan to support alliance as Osprey aircraft safety causes concern

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TOKYO (AP) — U.S. Defense Secretary Lloyd Austin met with officials in Japan on Tuesday to reaffirm the importance of...
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Stock market today: Asian shares are mixed, with Hong Kong surging while Korean benchmark slides

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BANGKOK (AP) — Shares were mixed Monday in Asia, with South Korea’s benchmark down almost 3% and Hong Kong's up...
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South Korea government to activate market stabilization fund after martial law attempt

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SEOUL (Reuters) - South Korea's Finance Ministry said on Thursday that the government will activate 40 trillion won ($28.35 billion)...
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BOK’s Rhee Dismisses Chance of Rate Cut After Yoon’s Shock Move

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(Bloomberg) -- Bank of Korea Governor Rhee Chang-yong said it is unlikely the central bank will cut interest rates as...

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