Owen Li

A transition from a Fed “dovish pivot” to a “normalization” pivot may put a halt to this year-end seasonal “Santa Rally” on the US stock indices.

Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down nearly 3%.

The Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, Governor Eli Remolona said Friday.

NZD/USD softens to near 0.5625 in Friday’s early Asian session.

The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the US Federal Reserve.

Wall Street closed sharply lower on Wednesday, with the Dow falling over 1,100 points after the U.S. Federal Reserve delivered a rate cut as expected but signaled it will ease the pace of further cuts in the coming year.

South Korea's central bank will maintain its inflation target of 2% until the next policy review, as the era of "low-inflation" is unlikely to come in a year or two, the bank's governor said on Wednesday.

Since the brief imposition of martial law on Dec. 3, Choi, who doubles as deputy prime minister for economic affairs, has been holding daily meetings with business leaders from both home and abroad to ensure the country's credibility.

South Korea’s ruling party is trying to delay the appointment of judges to the Constitutional Court in a move likely aimed at preventing the opposition from boosting the chances of ousting impeached President Yoon Suk Yeol.