Yen Falls to 40-Year Low as Markets Watch Japan Intervention and U.S. Jobs Report 
Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply 
India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures 
UN Chief Urges Nations to Close $100 Million UNRWA Funding Gap 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
China Manufacturing PMI Edges Higher in June as Exports and AI Investment Boost Growth 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
US Stock Futures Steady as Investors Await Payrolls Data and Monitor Iran Tensions 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Asian Stocks End Strong Quarter as Dollar Surges, Yen Hits 40-Year Low Ahead of US Jobs Data 
Trump Questions Housing Bill as He Prioritizes SAVE America Act 
Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.75% on Tuesday, marking the third rate cut in the current easing cycle. The move comes as policymakers shift focus to economic growth amid lingering uncertainties.
The decision, widely expected by economists, reflects the central bank’s efforts to support the slowing economy while balancing inflationary pressures. A Reuters poll of 36 economists found that all but one had predicted the rate cut.
BOK Governor Rhee Chang-yong is set to address the decision in a livestreamed news conference at 0210 GMT via YouTube. Investors and analysts will closely watch his remarks for insights into future monetary policy moves and economic forecasts.
With global economic uncertainty and domestic growth concerns mounting, the central bank's latest rate adjustment aligns with broader efforts to maintain financial stability. Market participants anticipate further guidance on the trajectory of interest rates in the coming months.
