Your daily market briefing

South Korea Plans Fewer Towers in Expansion of Electricity Grid

Asiana Airlines passengers will be able to keep their existing mileage and use it on Korean Air-operated flights for 10 years after the two airlines merge, under a mileage integration plan approved by Korea’s antitrust regulator Monday. The Fair Trade Commission (FTC) approved Korean Air’s revised plan with conditions aimed at preserving customer benefits and expanding opportunities to redeem mileage following the carriers’ merger on Dec. 17. Under the plan, Asiana mileage will be managed separately for 10 years from the merger date, even after Asiana ceases to exist as a corporate entity. Customers will not have to immediately convert their Asiana mileage to Korean Air’s program. During the 10-year period, Asiana customers will retain the airline’s existing redemption standards and expiration rules. They will also be able to use their mileage across all Korean Air-operated routes for award tickets, seat upgrades, mileage-and-cash payments and shopping. Customers who choose to convert their Asiana mileage can do so at any time during the 10-year period. Flight-earned mileage wi

[Economy] : The mileage integration plan for Korean Air and Asiana Airlines has been finalized, with measures in place to protect Asiana customers and ensure miles remain after the two carriers merge in December. The Fair Trade Commission(FTC) ordered the airlines to submit the plan when it conditionally approved the ...[more...]

[Politics] : SMEs and Startups Minister nominee Lee So-young has pledged to take bold deregulatory measures and restore confidence in the capital market to bring in an “era of national startups” where anyone can start a business. At the start of her parliamentary confirmation hearing on Tuesday, Lee said she would ...[more...]

US-Iran conflict pressures Korea to extend oil price cap as refinery losses hit $3.7 bn KED Global

Korea, Turkmenistan look beyond modest trade to deepen economic ties The Korea Herald

[Economy] : The benchmark Korea Composite Stock Price Index(KOSPI) fell more than three percent to the six-thousand-600 range on Monday amid geopolitical tensions and after calls emerged for AI development to be slowed down. The KOSPI plunged 225-point-54 points, or three-point-26 percent, on Monday to close at ...[more...]

Whitmer travels to South Korea on trade mission with economic and military officials michiganpublic.org

Changwon 2026 Day 4: Park smashes world record as Korea strike double gold Paralympic.org.

South Korea seals win in dispute with Chinese real estate investor globalarbitrationreview.com

South Korea's $1.4 Trillion National Pension Fund Picks New CIO

Crude Oil Rally Running Low on Gas? FOREX.com

Gold-backed credit lines and refining power fundamentally change how macroeconomic pain is absorbed

Surging crude prices have raised concern about inflationary pressures in the countdown to the US Fed decision

The move would relieve pressure on banks, which have been the main source of lending for domestic investment

It cites other factors such as shrinking trading volume and liquidity, and tougher regulatory rules.

Carney is eyeing business with new partners in the Middle East, Asia and Europe

Dips should still draw buyers looking for an uncertainty hedge, says a market analyst at KCM Trade

Thailand has relatively low inflation, strong external finances and an accommodative monetary policy.

Markets are betting Fed policymakers lift their benchmark rate to a 3.75% to 4% range

An agreement to collaborate, starting with cybersecurity and medicine, will be his biggest achievement

Economic growth is at risk of falling below the official annual target of 4.5 to 5% for a second straight quarter

The tech giant has hired over 85 specialists in six months.

EUROPEAN shares fell on Monday (Sep 14) as technology stocks came under pressure after leaders of top AI companies pushed for a slower...

US 10-year Treasury yield breaches 5% as global bond sell-off deepens Yahoo Finance Singapore

Singapore Dollar Weakens as U.S. Treasury Yields Rise -- Market Talk moomoo.com

Pipeline outage removes as much as 4% of global oil supply from the market

Supersized earnings come as Iran and Ukraine wars mean the world is not making enough fuel to meet demand

Even as Trump continues to demand a cut, economists are expecting the central bank to increase rates by 25 basis points

[LONDON/SINGAPORE] The US dollar rose to a two-week high on Monday (Sep 14) as conflict in the Middle East pushed up oil...

Deteriorating fiscal sustainability in major economies is keeping foreign bond yields structurally higher

[LONDON/SINGAPORE] The US dollar rose to a two-week high on Monday (Sep 14) as conflict in the Middle East pushed up...

The remark, made in May, highlights the central bank’s alarm over persistent inflation risks that could prod it to hike rates steadily

Employment rates are at a record high as longer life expectancy, better health and cost-of-living pressures delay boomers’ retirement

Kingdom has been raising shipments through the contested strait

Insurers said that technology and financial firms, including banks, fintech and cloud providers, remain among the strongest buyers

It faces a slow return of international visitors and rising costs due to higher oil prices

No employer provides an iron rice bowl, but there is value in a company being loyal to employees

The forfeiture claim is the latest legal manoeuvre by US prosecutors involving Iran

Calls for a slowdown in AI development come amid warnings that it could pose a threat to humanity.

Volumes remain subdued amid housing downturn

[WASHINGTON] A critical Saudi oil pipeline should be back online “soon” following it’s closure late last week after coming under attack, Energy...

[LONDON] Britain’s weak jobs market saw employers shed more workers last month, according to figures released ahead of the Bank of England’s...

Two AI start-ups offer a glimpse into how smaller firms are trying to turn advances in AI into commercial businesses.

Rival OpenAI already has a version of ChatGPT that targets investment bankers and equity researchers

Widespread market anxiety actually reinforces our optimism as markets typically peak when everyone is bullish

The more pay is justified by market comparison, the more voters grade ministers as they would CEOs

Labour action could amplify supply concerns in an already tight memory chip market

These instruments are outperforming US peers and key global debt gauges, Bloomberg data shows

[SYDNEY] Australian shares closed at a more-than-three-month low on Tuesday (Sep 15), dragged down by commodity stocks and banks as investors awaited...