Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
American and South Korean business groups called for the promotion of a global rules-based trading system and Industries while urging government cooperation in 5G mobile networks, artificial intelligence, other emerging technologies, and digital economies.
The US-Korea Business Council and the Federation of Korean Industries also asked the US to eliminate national security tariffs on steel, aluminum, and other products.
The two business councils said the regulatory approaches to emerging technologies should be coordinated and 5G should be deployed to promote industry leadership in standards, intellectual property, and patents.
The groups said that there is no place for untrusted, high-risk vendors in 5G networks while calling for their governments to work with other allies and partners to improve security and foster trust.
They did not mention Chinese telecom equipment vendors Huawei, which the Trump administration has sought to ban Huawei from the 5G networks of the US and its allies.
The groups also urged the governments to work with the private sector to strengthen and diversify supply chains and to incorporate digital technologies in dealing with crises, such as the COVID 19 pandemic.
