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Bank of Korea to hold extraordinary meeting at around 9 a.m. KST -BOK official

SEOUL (Reuters) - A Bank of Korea official on Wednesday said the bank's monetary policy board will convene an extraordinary board meeting at around 9 a.m. KST after President...

Morning Bid: South Korea's martial law confusion deepens caution

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. A sudden burst of political chaos in South Korea has put investors in Asia on the defensive, pointing to a...

US crude stock rises, defying forecasts and indicating weaker demand

The American Petroleum Institute (API) has reported a rise in the inventory levels of US crude oil, gasoline, and distillate stocks. The actual increase in crude inventories was...

French lawmakers brace for more turmoil as no-confidence vote looms

By Dominique Vidalon PARIS (Reuters) -French lawmakers will vote on Wednesday on no-confidence motions which are all but certain to oust the fragile coalition of Prime Minister...

US labor market steadily cooling amid higher job openings, low layoffs

By Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to...

Fed policymakers steer clear of December rate-cut guidance

By Howard Schneider and Ann Saphir (Reuters) - U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for...

Rates likely need to come down 'fair amount' over next year: Fed's Goolsbee

-- Chicago Federal Reserve President Austan Goolsbee on Tuesday said he sees interest rates needing to come down a "fair amount" over the next year as rates remain in...

Venezuela's 2025 budget set to grow nearly 11%, oil to contribute less

By Mayela Armas CARACAS (Reuters) - Venezuela's government is planning a budget of $22.7 billion for next year, the country's Vice President Delcy Rodriguez told lawmakers at the...

S.Korea authorities vow to stabilize markets as parliament votes to lift martial law

By Cynthia Kim SEOUL (Reuters) - South Korea's finance minister said on Wednesday the government would deploy all possible measures to stabilize financial markets if needed after...

UK's Reeves promises more power for England's regional mayors

MANCHESTER, England (Reuters) - Regional mayors across England will be given new powers to boost economic growth and attract investment, British finance minister Rachel Reeves...

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