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The South Korean KOSPI index fell by 1% during the day.

2026-05-12

The South Korean KOSPI index fell by 1% during the day.

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2026-05-12

Summary of comments from policymakers at the Bank of Japan’s April meeting: One member stated that, given the significantly low real interest rates, it would be appropriate for the Bank of Japan to continue raising policy rates.

Summary of comments from policymakers at the Bank of Japan’s April meeting: One member stated that, given the significantly low real interest rates, it would be appropriate for the Bank of Japan to continue raising policy rates.
2026-05-13

The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors Tuesday in a 51-45 vote for a 14-year term. A separate vote on his nomination to succeed Jerome Powell as Fed chair is expected Wednesday. The confirmation largely followed pa

The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors Tuesday in a 51-45 vote for a 14-year term. A separate vote on his nomination to succeed Jerome Powell as Fed chair is expected Wednesday. The confirmation largely followed party lines, with Democrat John Fetterman joining Republicans in support. Warsh’s confirmation comes amid Trump’s push for rate cuts, rising inflation, and Democratic concerns over Fed independence. Warsh has pledged to act independently if confirmed as chair.
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