Businesses say Saudi Arabia is blocking payments to UAE accounts, Financial Times reports

South Korea's current account surplus hits record $38.61B in May 2026, driven by semiconductor export boom, Bank of Korea data shows. Exports surged 62.9% YoY to $94.34B, extending surplus streak to 37 months.

South Korea's current account surplus reached a record monthly high of $38.61 billion in May 2026, driven by strong semiconductor exports, according to Bank of Korea data released Wednesday. The surplus marked 37 consecutive months in the black, with exports surging 62.9% year-on-year to $94.34 billion.

New Zealand central bank raises key interest rate for first time in three years, signaling shift to less stimulatory settings as inflation pressures emerge.

New Zealand's central bank raised its key interest rate for the first time in three years, signaling a shift to less stimulatory settings as inflation pressures emerge.

New Zealand raises benchmark interest rate by 25 basis points to 2.50%, matching market estimates of 2.50%

New Zealand raises its benchmark interest rate by 25 basis points to 2.50%, matching estimates of 2.50%.

Oregon AG to ask court to order Paramount to comply with merger probe, escalating regulatory pressure on the media giant's pending transaction.

Oregon's Attorney General plans to ask a court to order Paramount to comply with a merger probe.