Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
South Korea's exports to the US dropped 1.9 percent on-year to $76.01 billion, with its imports falling by 9.4 percent to $51.21 billion to log a $24.82 billion trade surplus with the world's largest economy, up 18.5 percent from the previous year.
The country was the US's 7th largest trading partner in 2020 in terms of imports and exports.
South Korea ranked 12th in 2020 among countries with trade surplusses with the US, up to one notch from 2019. China had the most trade surplus with the US at 310 billion dollars.
Last year, the pandemic pulled down South Korea's outbound shipments to $512.8 billion, plunging 5.4 percent from 2019.
South Korea expects exports to rebound 8.6 percent on-year in 2021.
