Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
U.S. Stock Index Futures Steady as Markets Await Fed Policy Clues in Holiday-Thinned Trade 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Moody's Investors Service forecasts that South Korea will sell more in the "secondary auto markets" than other countries this year.
According to Moody's, South Korea was the "standout performer" for electing against the across-the-board lockdown regulations prevalent in most other markets.
Consequently, Moody's anticipates a more modest 6 percent plunge in auto unit sales, followed by a 2 percent rebound in 2021.
Meanwhile, Moody's expects a far worse drop of at least 30 percent in auto sales in Argentina, Brazil, India, Indonesia, Mexico, and Russia this year. Sales in these markets are expected to rebound by 15 to 20 percent in 2021.
Moody's sees global vehicle sales plummeting 20 percent to 72 million units this year from 90.2 million units last year due to a sharp drop in economic activity caused by the COVID-19 pandemic.
Global auto sales are expected to rebound next year by 11.5 percent to 80.3 million units. Beyond 2021, the increase in auto sales is likely to continue at a slower pace.
