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BOK GOV SHIN: Recent chip price gains have outpaced oil price increases, causing South Korea's gross domestic income (GDI) data to rise.

2026-05-28

BOK GOV SHIN: Recent chip price gains have outpaced oil price increases, causing South Korea's gross domestic income (GDI) data to rise.

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2026-05-28

European Central Bank Chief Economist Lane: A major lesson from the ECB to the United States is that past energy shocks have shown non-linear characteristics, such as the various non-linear mechanisms that can be triggered if inflation is very high.

European Central Bank Chief Economist Lane: A major lesson from the ECB to the United States is that past energy shocks have shown non-linear characteristics, such as the various non-linear mechanisms that can be triggered if inflation is very high.
2026-05-28

On Wednesday local time US President TRUMP commented on reports that Iran and Oman would jointly control the Strait of Hormuz, saying Oman "will behave" and rejecting any such mechanism, "otherwise we will have to bomb them." Iranian authorities prop

On Wednesday local time US President TRUMP commented on reports that Iran and Oman would jointly control the Strait of Hormuz, saying Oman "will behave" and rejecting any such mechanism, "otherwise we will have to bomb them." Iranian authorities proposed cooperating with Oman to control and regulate maritime traffic in the Strait of Hormuz; Iran also considered a joint toll mechanism with Oman, a proposal the United States opposed. Speaking to reporters after a cabinet meeting, TRUMP said "no one can control the strait. The strait will be open to everyone," and that the US would "watch it very closely." He added, "Oman will act like other countries, otherwise we'll have to bomb them. They understand that, so there will be no problem."
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