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RBNZ raised rates as expected on Wednesday and said policy must be gradually returned to neutral, while adding further hikes are possible but timing is highly uncertain. Capital Economics economist Abhijit Surya says the bank's caution aligns with hi

2026-07-08

RBNZ raised rates as expected on Wednesday and said policy must be gradually returned to neutral, while adding further hikes are possible but timing is highly uncertain. Capital Economics economist Abhijit Surya says the bank's caution aligns with his view that the official cash rate (OCR) will be raised roughly every other meeting, peaking at 3.25% by end-2027.

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2026-07-07

Morningstar analyst Jing Jie Yu said Samsung Electronics' operating profit guidance was in line with consensus, but revenue guidance of KRW171 trillion was slightly below the market average. The shortfall likely reflects smaller-than-expected DRAM pr

Morningstar analyst Jing Jie Yu said Samsung Electronics' operating profit guidance was in line with consensus, but revenue guidance of KRW171 trillion was slightly below the market average. The shortfall likely reflects smaller-than-expected DRAM price gains and could unsettle investors positioned for structurally stronger memory pricing. Samsung shares closed down 6.9%, trimming year-to-date gains to just under 150%.
2026-07-08

A senior South Korean official said on Tuesday evening in Ankara that Seoul will provide a $100 million aid package to Ukraine, excluding lethal weapons. South Korea’s President Lee Jae-myung is attending the NATO summit in Ankara.

A senior South Korean official said on Tuesday evening in Ankara that Seoul will provide a $100 million aid package to Ukraine, excluding lethal weapons. South Korea’s President Lee Jae-myung is attending the NATO summit in Ankara.
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