Goldman’s Kay Haigh notes that the U.S. labor market is tightening again, prompting the Federal Reserve to refocus on inflation as economic growth surpasses expectations. Despite this shift, Haigh still anticipates two interest rate cuts this year, although a strong Consumer Price Index reading on Friday could lead to a more hawkish policy stance.
North Korea is reportedly developing a submarine capable of carrying 10 submarine-launched ballistic missiles (SLBMs), according to a South Korean MP citing information from the country’s National Intelligence Service. This development aligns with North Korea’s […]
Goldman Sachs has cautioned that US stocks may experience further declines this week, as trend-following funds known as CTAs are set to sell off sizable positions in the S&P 500. The bank forecasts potential sales […]
Hanwha Aerospace, South Korea’s largest defense firm, saw its shares drop more than 6% after it reported fourth-quarter figures that missed revenue and pre-tax profit estimates. Although quarterly revenue rose significantly by 72.56% year on […]