Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
European Natural Gas Prices Hold Near Three-Week Lows Amid Middle East Talks and Supply Concerns 
SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch 
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management 
SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal 
Novo Nordisk Raises 2025 Outlook Despite Wegovy Pill Miss and CagriSema Setback 
Asian Stocks Rise as AI Optimism Returns, Australia Hits Record High Ahead of RBI Decision 
Asian Currencies Mixed as Yen Retreats, Traders Eye U.S.-Iran Talks and Fed Data 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
UK Services PMI Returns to Growth in July as New Orders and Confidence Rebound 
Shein Targets $30B-$40B Valuation in Hong Kong IPO Planned for August 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
Top global investment banks (IB) forecast the South Korean economy to grow 3.4 percent this year, up by 0.1 percentage point from their previous estimate.
Credit Suisse upgraded its estimate by 0.7 percentage point to 3.6 percent and HSBC by 0.5 percentage point to 2.7 percent.
Others surveyed in late December, Barclays, BoA-Merrill Lynch, JP Morgan, Citi, Goldman Sachs, Nomura Securities, and UBS, have retained their previous projections ranging from 3 percent to 4.1 percent.
UBS gave the rosiest outlook of 4.1 percent.
South Korea's Ministry of Economy and Finance recently forecasted a 3.2 percent growth, while the Bank of Korea gave a 3 percent outlook.
The average 2021 outlook for the global economy stood at 5.7 percent.
The forecast for China was an 8.4 percent growth, while the US was given a 4.4 percent growth outlook. Japan is expected to grow 3 percent.
