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The International Monetary Fund has raised its 2026 economic growth forecast for South Korea by 0.7 percentage points due to significant growth in exports of artificial intelligence hardware.

2026-07-08

The International Monetary Fund has raised its 2026 economic growth forecast for South Korea by 0.7 percentage points due to significant growth in exports of artificial intelligence hardware.

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2026-07-08

Military force is unlikely to restore regular shipping through the Strait of Hormuz, leaving the US and Iran at risk of a prolonged 'neither peace nor war' state. A ceasefire memorandum after US strikes on Feb. 28 used ambiguous wording that allows b

Military force is unlikely to restore regular shipping through the Strait of Hormuz, leaving the US and Iran at risk of a prolonged 'neither peace nor war' state. A ceasefire memorandum after US strikes on Feb. 28 used ambiguous wording that allows both sides to continue pursuing objectives by other means. Washington tried to increase tanker transits via the Omani-side channel, including switching off ship transponders, but the IRGC successfully struck several of those tankers, suggesting traffic is unlikely to return to pre-conflict levels without further agreement. The Pentagon reportedly presented military options to break the stalemate, but they were rejected by President Trump; months of strikes have so far failed to produce decisive results, raising the prospect of extended instability in the strait.
2026-07-08

Deutsche Bank analysts Marion Muehlberger and Ursula Walther say firms view Germany’s recent reform package, outlined last week, as a positive step though many want further measures. The package includes tax and pension changes, cuts to administrativ

Deutsche Bank analysts Marion Muehlberger and Ursula Walther say firms view Germany’s recent reform package, outlined last week, as a positive step though many want further measures. The package includes tax and pension changes, cuts to administrative approvals and more flexible labor rules. Analysts say the measures could boost business confidence and improve Germany’s competitiveness. Business groups flagged missing reforms on wage costs and social‑security The contributions, corporate taxation and broader working‑time flexibility. analysts said implementation capacity will be critical and that rapid Implementation in the autumn is key.
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