Search results for consumer prices
Crypto
Cardano market cap recovers to $6 billion, on-chain metrics sound warning
Cardano\'s market value has recovered to the $6 billion level as the broader crypto market ticked up after a U.S. inflation reading. But bearish sentiment is rising in derivatives markets, with more short bets and a potential dead cross on the weekly chart. On-chain data tracked by Santiment show unusual moves, including rising age-consumed metrics and dormant wallets starting to move, while trading volumes have fallen to a two-year low.
Finance
Bank of Korea governor Shin Hyun-song says rate hikes needed before it is too late
Bank of Korea Governor Shin Hyun-song said there is a need to raise the policy interest rate before it is too late, stressing a focus on price stability. He said growth has strengthened on the back of solid semiconductor exports driven by the global spread of AI, but inflation burdens are rising. He also cited risks from the housing market, household debt and leveraged investing.
Crypto
Bitcoin rebounds to $63,400 despite Hormuz closure news and U.S. inflation surge
Bitcoin recovered the $63,400 level despite a rise in the U.S. producer price index and reports that Iran temporarily closed the Strait of Hormuz. BTC/USD rose as high as $63,200 on Bitstamp, up more than 2.5 percent on the day, Cointelegraph reported. Oil prices climbed, with WTI topping $91 a barrel. U.S. data showed May core final demand prices up 5.1 percent year on year and CPI up 4.2 percent.
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Industry
IT device shrinkflation intensifies as prices rise and capacity halves
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Finance
Will KOSPI\'s relentless run continue? US-China summit, chip-stock concentration in focus
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Telecommunications & Media
UK telecoms warn of data speed limits as power bills surge
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Economy
Naphtha up 68 percent, ethylene up 61 percent as March producer prices post biggest rise in 4 years
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Games & Commerce
EMS postage to get up to 6 percent additional discount to cut exporters\' burden
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Industry
President Lee Jae-myung urges turning crisis into opportunity, stresses sovereign wealth fund and manufacturing sovereignty
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Finance
Bank of Korea holds rates; Lee says Middle East war could shake inflation, growth
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Telecommunications & Media
Memory price surge could push smartphone prices higher, warning of record shipment drop
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Finance
High oil prices, weak won and rising prices put Bank of Korea monetary policy at crossroads
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General News
Brent crude surges more than 60 percent in March on Hormuz closure shock, biggest rise since 1988
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AI & Enterprise
Laptop prices could rise up to 40 percent as RAM, CPU costs climb, MacBook Neo in focus
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AI & Enterprise
DRAM shortage to cut PC shipments by over 10 percent; budget models face virtual end
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Industry
Flour, sugar prices fall but food makers hesitate to cut processed food prices
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Industry
Government pushes worker presumption rule, platform industry on alert
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Finance
Bank of Korea likely to hold rates at first monetary policy meeting of 2026