Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
South Korea Posts Stronger-Than-Expected 1.3% Economic Growth in Q3 
Bristol Myers Faces $6.7 Billion Lawsuit After Judge Allows Key Shareholder Claims to Proceed 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Japan’s Service Sector Sustains Growth Momentum in November 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Credit loans of South Korea's five major commercial banks increased by 453 billion won in the first week of 2021, fueled by a bullish stock market and eased bank loan rules, data showed Sunday.
The total credit loan balance of KB Kookmin, Shinhan, KEB Hana, Woori, and NH Honghyup 133.6 trillion won at the end of 2020 to 134.1 trillion won as of Jan. 7.
New credit loans via overdraft soared from 1,048 on Dec. 31 to 1,960 on Jan. 7, increasing overdraft balance by 241.1 billion won to 46.7 trillion won in the first seven days of January.
The increased loan resulted from eased lending rules by the banks since December due to record-high loans in November.
Credit loans increased by a record 4.85 trillion won to 133.69 trillion won at the end of November.
New loan demands were also due to investors taking advantage of a rally in a bull market as the Kospi touched the 3,000-point milestone on Wednesday.
The Kospi closed last week up 3.97 percent.
Many also wanted to take out loans before rules tightened again, said a bank official.
