Global Finance News

① MSCI released the results of its 2026 Market Classification Review, and South Korea remains classified as an “Emerging Market,” failing to enter the Developed Markets watch list. ② South Korea’s stock market has risen nearly 170% over the past 12 months, but MSCI believes that the limited convertibility of the Korean won in offshore

① According to a report from S&P Global, the scale of layoffs among US manufacturing enterprises has approached the highest level since the end of the 2009 global financial crisis, primarily driven by heightened concerns over global demand and rising costs. ② Notably, economic growth momentum remains weak: US annualized economic growth in the first

① AI startup Anthropic has shut down access to its cutting-edge models Fable 5 and Mythos 5 in response to a US government export control order, sparking ongoing controversy. ② Anthropic customer Legion has sued the US government, claiming the ban has caused irreparable harm to its business. ③ Some experts are calling for the

① Oman and Iran have agreed to establish a joint working group to reach an agreement on the future navigation management of the Strait of Hormuz, ensuring navigational safety in the strait. ② The two sides will consult with other coastal states and stakeholders in the Persian Gulf on strait-related issues, emphasizing that all arrangements

① Following Goldman Sachs and Deutsche Bank, another international investment bank has lowered its gold price target. ② BMO Capital Markets expects gold to average about $4,625 per ounce in the second half of this year, a 5% downward revision from its previous forecast. ③ BMO noted that as the market begins to actively price