Financial

BRICS Nations Bolster Yuan’s Global Role as China Pushes Currency Internationalization Saudi Arabia’s Alignment with Beijing Puts ‘Petrodollar’ System Under Pressure Digital Yuan Gains Ground in Global Trade Networks BRICS nations have emerged as

BOK Identifies Seven Major Risks Including Depegging and Coin Runs Issuance by Big Tech Firms Would Undermine the Banking–Commerce Separation Principle “Not About Blocking Innovation — Stability and Trust Must Be Anchored in Bank-Led Management”

Debt stigma slows borrowing and drags on money velocity Purpose-framed, safeguarded credit boosts productive investment in education and firms Use macroprudential guardrails to lift growth without fueling bubbles Debt stigma isn

Stock Downturn After LG Energy Solution Spin-Off Sluggish Petrochemical Sector and Loss of Growth Drivers Two-Front Battle to Restore Shareholder Value LG Chemical plant overview/Photo=LG Chemical

Employment insecurity spreads as job market cools7,000 federal workers file for unemployment benefits

Won-Dollar Rate Jumps to 1,440 During Trading on Oct.

Stronger tenant protections intensify concerns Fears of another rent spike emerge Critics warn of a de facto shift toward public leasing South Korea’s ruling bloc has begun promoting a “3+3+3 lease renewal” bill that could reshape the nation’s rent

Firms use complexity to hide true costs UK evidence shows obfuscation raises prices even with competition Standard total-price labels, algorithm-aware enforcement, and price literacy can protect consumers In the United Kingdom,

Bank of Korea Holds Key Rate Again in October After July and August Pauses Soaring Seoul Home Prices Raise Questions Over Coordination with Oct.

Fifteen Seoul district heads demand reversal of land transaction permit zones Homebuyers face barriers if housing prices exceed $11 million LTV cap cuts restrict purchases even below $11 million threshold On October 15, President Lee Jae-myung’s a

Domestic M&A Deals Plummet as Billion-Dollar Transactions Vanish Sellers Hold Out for Higher Prices While Buyers Balk Major Deals Including HPSP and CJ Bio Fall Through South Korea’s mergers and acquisitions (M&

Auto-heavy export structure takes a direct tariff hitIndustry accelerates shift in export strategy

Surging power demand from data center expansion Electricity costs passed on to consumers Global ripple effect of energy inflation emerging Electricity prices across the United States have surged, with artificial intelligence (AI) data center

A weak dollar is a systemic risk for non-key currency economies Losses hit reserves, balance sheets, and trade through dollar pricing Diversify reserves, match contract and debt currencies, and build hedging One fact stands out

U.S.

Export controls can accelerate innovation by forcing substitution China’s AI stack shows rapid adaptation under GPU limits Education must train for constraints, secure compute, and resilient supply chains The fastest st

September home prices fall 0.4% month-on-month Prices drop in 63 of 70 major cities Weakened consumption and slower growth deepen downturn China’s property market slump is worsening.

Banks That Extended Credit Now Shoulder Losses Shares of Zions and Western Alliance Plunge Fears of a Repeat of 2023 Bank Failures Concerns are mounting that a wave of bankruptcies among U.S.

SCMP: China in Talks with South Korea and Japan on Possible Trilateral Currency Swap Amid Trump-Era Tariff Threats, Beijing Seeks to Bolster Financial Stability Focus on Whether Japan, a Quasi-Reserve Currency Nation, Will Agree to China’s Proposal <

Limited real effects, symbolic diplomacy at bestArgentina collapses under reform fatigue