Japan’s Service Sector Sustains Growth Momentum in November 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Tech Stocks Lift S&P 500 as Fed Rate-Cut Expectations Rise 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Dollar Slips as Weak U.S. Manufacturing Data Increases Pressure for Fed Rate Cuts 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
U.S. Soybean Shipments to China Gain Momentum as Trade Tensions Ease 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Oil Prices Rise as Geopolitical Tensions and Supply Risks Intensify 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
South Korea Inflation Edges Up in November as Food and Service Costs Climb 
The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Korea's economy.
According to the BOK, it will pay close attention to household debts and financial imbalances as companies and households take advantage of cheap credit.
South Korea's economy is expected to grow 3 percent this year and 2.5 percent in 2022, the BOK said.
The BOK added that inflationary pressure remained weak as the pandemic weighs on consumer prices, but consumer prices are likely to rise above one percent as the economy recovers at a modest pace.
The BOK also noted that the pandemic will continue to impact economic recovery as it will take time to distribute vaccines worldwide.
South Korea's pandemic-hit economy contracted one percent last year but is now on a growth track with a mild recovery in exports.
Exports rose 9.5 percent in February to US$44.8 billion from $40.9 billion a year earlier on robust shipments of chips. It was the fourth consecutive month of gains.
However, the number of employed in February at 25.8 was 982,000 fewer than a year earlier.
