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Day: August 20, 2024

Korea, US Launch Large-Scale Joint Air Drills

The Republic of Korea and the United States have kicked off major combined training involving five fighter wings to strengthen their multi-domain air operation and response capabilities, Korea’s Air Force said Tuesday.

The five-day exercise, which ru…

Japan’s Nikkei Rises More than 1.5%

Japan’s Nikkei share average closed higher today, supported by a softer yen and gains of technology share which tracked their US peers higher to help lift the overall benchmark index, as Wall Street continued to rebound from a steep sell-off seen two …

China’s Industrial Sector Sees Steady Growth in July

China’s industrial sector registered a steady revenue growth in July 2024, as indicated by an increase in VAT invoice issuance, the State Taxation Administration said.

Tax data revealed a 6% year-on-year growth in the sales revenue of industrial comp…

Dollar Hangs Near Seven-Month Low on Rate Cut Bets

The dollar hung near a seven-month low today on wagers the US central bank will start cutting interest rates from next month.

The dollar index, which measures the US currency against six rivals, touched its lowest since Jan. 2 of 101.82 today.

The J…