Finland Raises 2026 Growth Forecast as Exports and Investment Surge 
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise 
China Home Prices Fall Again as Property Slump Drags on Growth 
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets 
Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal 
Asian Stocks Steady as AI Shares Rebound Ahead of Fed Decision 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
UK Economy Grows 0.4% in July, Beating Forecasts 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
Gold Prices Steady as Oil Disruptions Boost Fed Rate Hike Bets 
EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Dollar Rises as Fed Hike Bets Weigh on Asian Currencies 
Oil Prices Surge as Houthi Attacks Raise Saudi Supply Fears 
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise 
Treasury Buyback Fails to Cool Long-Term Yields 
Add as a preferred source on Google
South Korea will pursue ‘travel bubble’ agreements for people to travel internationally without restrictions to revitalize the aviation industry, said Finance Minister Hong Nam-ki.
Travel bubbles are agreements between two or more cities or countries that allow for two-way, quarantine-free travel for those who have negative coronavirus test results.
South Korea will also lift other virus-related restrictions.
The Transport Ministry declined to reveal which countries they are negotiating.
South Korea is exploring ways to boost tourism without ruining its virus containment efforts.
According to Kim Sang-do, deputy minister for civil aviation at the Transport Ministry, the aviation industry desperately needs support to maintain its competitiveness.
He added that it is where as many as 200,000 people work for including related industries such as tourism and is a core sector in charge of export logistics.
Among the solutions would be to flights to nowhere” to international travelers, allowing them to tour the country without entering. So far, only Korean airlines have been permitted to offer sightseeing services to residents only.
The country will also extend a reduction in fees airports charge airlines until the end of June this year while considering injecting additional liquidity into low-cost carriers if they experience a temporary cash crunch.
