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Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Microsoft Taps AWS to Support GitHub Amid AI Coding Boom 
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Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Top global investment banks (IB) forecast the South Korean economy to grow 3.4 percent this year, up by 0.1 percentage point from their previous estimate.
Credit Suisse upgraded its estimate by 0.7 percentage point to 3.6 percent and HSBC by 0.5 percentage point to 2.7 percent.
Others surveyed in late December, Barclays, BoA-Merrill Lynch, JP Morgan, Citi, Goldman Sachs, Nomura Securities, and UBS, have retained their previous projections ranging from 3 percent to 4.1 percent.
UBS gave the rosiest outlook of 4.1 percent.
South Korea's Ministry of Economy and Finance recently forecasted a 3.2 percent growth, while the Bank of Korea gave a 3 percent outlook.
The average 2021 outlook for the global economy stood at 5.7 percent.
The forecast for China was an 8.4 percent growth, while the US was given a 4.4 percent growth outlook. Japan is expected to grow 3 percent.
