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South Korean economy unexpectedly shrinks on broad weakness

 South Korea’s benchmark Kospi index crossed the 5,000 level for the first time on Jan 22, but gains remain concentrated in a narrow set of stocks led by chip giants Samsung and SK Hynix.
 South Korea’s benchmark Kospi index crossed the 5,000 level for the first time on Jan 22, but gains remain concentrated in a narrow set of stocks led by chip giants Samsung and SK Hynix.

JPMorgan’s Jamie Dimon warns of ‘economic disaster’ if 10% credit card rate cap is implemented

JPMorgan Chase chairman and CEO Jamie Dimon speaking at the World Economic Forum in Davos, Switzerland, on Jan 21.
JPMorgan Chase chairman and CEO Jamie Dimon speaking at the World Economic Forum in Davos, Switzerland, on Jan 21.

Trump’s semiconductor tariffs to have minimal impact on Singapore for now: MTI

Certain advanced chips and specified derivative products will now face a 25 per cent tariff when imported into the US.
Certain advanced chips and specified derivative products will now face a 25 per cent tariff when imported into the US.

China hits 2025 GDP growth target on export boom, but can’t shake domestic chill

China's economy showed remarkable resilience in 2025, helped by smaller-than-expected US tariff hikes and exporters’ diversification efforts.
China's economy showed remarkable resilience in 2025, helped by smaller-than-expected US tariff hikes and exporters’ diversification efforts.

Despite Trump’s claims, grocery prices in US are rising. Here’s why

The cost of groceries surged in December 2025, according to data released on Jan 13, 2026. But President Donald Trump continues to falsely claim that they’ve fallen.
The cost of groceries surged in December 2025, according to data released on Jan 13, 2026. But President Donald Trump continues to falsely claim that they’ve fallen.

US Fed official says bank should be ready to cut rates

Ms Michelle Bowman, the Fed’s vice-chair for supervision. believes inflation is on a “sustained trajectory” towards the Fed’s longer-term 2 per cent target.
Ms Michelle Bowman, the Fed’s vice-chair for supervision. believes inflation is on a “sustained trajectory” towards the Fed’s longer-term 2 per cent target.

Malaysia economic growth hits 4.9% in 2025, beating forecasts, advance estimate shows

For 2026, government forecasts growth of 4 to 4.5 per cent amid uncertainties around global trade and tariffs.
For 2026, government forecasts growth of 4 to 4.5 per cent amid uncertainties around global trade and tariffs.

IMF new growth forecasts to show resilience to global trade shocks, its chief says

IMF managing director Kristalina Georgieva said though that risks are more tilted to the downside on geopolitical tensions and rapid technological shifts.
IMF managing director Kristalina Georgieva said though that risks are more tilted to the downside on geopolitical tensions and rapid technological shifts.

News analysis

China’s slowdown set to deepen as pivot to consumption stalls

China is set to release data on Jan 19 showing that a historic contraction in investment and faltering consumption are offsetting the momentum given by the export boom.
China is set to release data on Jan 19 showing that a historic contraction in investment and faltering consumption are offsetting the momentum given by the export boom.

Fed officials stress independence amid Trump attack as rate hold signals mount

President Donald Trump has escalated his attack on Fed chief Jerome Powell with US prosecutors opening a  criminal investigation into his testimony.
President Donald Trump has escalated his attack on Fed chief Jerome Powell with US prosecutors opening a  criminal investigation into his testimony.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.