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Federal Reserve's Hammarck: I'm very interested to see what the working groups will say.

2026-11-12

Federal Reserve's Hammarck: I'm very interested to see what the working groups will say.

Other News
2026-11-12

UK maritime security firm Ambrey said on Wednesday a merchant vessel was struck by an unidentified projectile 14 nautical miles off Ras Al Khaimah, UAE. The ship's engine room subsequently caught fire. No injuries or pollution were reported at the ti

UK maritime security firm Ambrey said on Wednesday a merchant vessel was struck by an unidentified projectile 14 nautical miles off Ras Al Khaimah, UAE. The ship's engine room subsequently caught fire. No injuries or pollution were reported at the time of the report.
2026-11-12

South Korea's exports continue to perform strongly, but stock market gains have slowed significantly. A chart released by East Asia Econ on November 12 shows that the year-on-year increase in the Korea Composite Stock Price Index (KOSPI) has fallen f

South Korea's exports continue to perform strongly, but stock market gains have slowed significantly. A chart released by East Asia Econ on November 12 shows that the year-on-year increase in the Korea Composite Stock Price Index (KOSPI) has fallen from a high of approximately 170% to about 70%, while South Korea's export growth for the first 10 days remains at a high level. This divergence between real exports and stock market performance reflects that stock prices previously overreacted to the investment boom in semiconductors and AI. However, South Korea's export fundamentals remain strongly supported by semiconductor demand, while the stock market is digesting its previous sharp rise, and the gap between market optimism about the industry outlook and stock prices has narrowed.
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