The yen saw a slight uptick as Japanese authorities issued their strongest warning yet regarding intervention, signaling readiness to act against the currency’s recent lows. Despite this, analysts anticipate continued near-term yen weakness due to the Bank of Japan’s cautious stance on future rate hikes. The U.S. dollar also remained under pressure, continuing its December decline against major peers.
South Korea overtakes India as world’s sixth-largest stock market
South Korea’s stock market has now surpassed India’s, becoming the world’s sixth largest. This significant shift is largely due to the booming performance of its