Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
South Korea's consumer inflation slowed to 1.5% in November, missing expectations and reinforcing prospects of more rate cuts by the Bank of Korea. The reading, just below the central bank's target, follows two consecutive cuts as policymakers aim to support slowing economic growth.
South Korea Inflation Slows, Boosting Rate Cut Prospects
Inflation as measured by the consumer price index in South Korea declined more than anticipated in November, providing the Bank of Korea with further leeway to reduce interest rates even further after having already completed two consecutive rate reductions, Investing.com reports.
According to figures released by the government on Tuesday, the Consumer Price Index (CPI) increased by 1.5% year-on-year in November. Even though the result was lower than the 1.7% that was anticipated, it was slightly higher than the 1.3% that was recorded in the previous month. The Consumer Price Index figure for October was the lowest since the beginning of 2021.
Bank of Korea Maintains Focus on Economic Growth
Compared to the previous month's reading of 0.1%, the Consumer Price Index (CPI) dropped by 0.3%.
After the Bank of Korea (BOK) unexpectedly lowered interest rates even more and warned of a slowdown in economic growth in the next year, the reading was released just one week later.
Analysts Expect Further Rate Cuts by February
Despite the fact that the annual CPI number remained significantly lower than the BOK's aim of 2%, the likelihood of additional easing by the central bank became more likely as it worked to strengthen economic development.
According to a poll conducted by Reuters, the majority of analysts anticipate that the Bank of Korea will reduce interest rates even lower in February.
