South Korean corporate cash holdings more than doubled in four years amid rising management uncertainty, with individuals also increasing cash reserves, while overall cash usage continues to decline as non-cash payments expand, Bank of Korea data shows.
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BOJ Governor Says US Economic and Trade Policy Uncertainties Remain, but Have Eased
BOJ Governor notes that while uncertainties in US economic and trade policies persist, their impact has lessened, signaling a more stable outlook for global markets.
Reserve Bank of Australia Holds Cash Rate at 3.60% as Expected for Second Consecutive Month
Reserve Bank of Australia keeps policy rate unchanged at 3.60% for the second straight month, signaling a steady approach amid global economic uncertainty.
President Lee Says 'World Order at a Major Inflection Point Amid Intensifying Global Economic Uncertainty'
President Lee warns that the global order is undergoing a major shift, with economic uncertainty deepening worldwide.
Rhee Chang-yong Says 'Rate Cuts and Holds Not an Option at This Time'
Bank of Korea Governor Rhee Chang-yong rules out both rate cuts and a hold, signaling a cautious monetary policy stance amid ongoing economic uncertainties.
BOK Monetary Policy Board Says 2025 Growth Likely to Align with August Outlook—Uncertainty on the Rise
Bank of Korea signals 2025 economic growth is expected to match its August forecast, but warns of heightened upside and downside uncertainties for the outlook.
Bank of Korea board member Lee Soo-hyung said economic uncertainty remains elevated since September, citing ongoing risks such as US tariff talks, and emphasized the central bank's balanced approach to price stability, financial stability, and growth.
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Lee Soo-hyung, Monetary Policy Board Member, Says 'Economic Uncertainty Has Not Eased Since September'
Bank of Korea board member Lee Soo-hyung said economic uncertainty remains elevated since September, citing ongoing risks such as US tariff talks, and emphasized the central bank's balanced approach to price stability, financial stability, and growth.
Fed Beige Book—Growth Outlook Diverges by Region and Sector as Many Cite Rising Uncertainty
Fed Beige Book reveals uneven growth prospects across regions and sectors, with many respondents highlighting heightened economic uncertainty.
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Mathrubhumi English