Bank of Korea Hikes Rates, China Tops the US in Global Favourability and Asian Chip Stocks Tumble
About this episode
The episode covers the Bank of Korea's rate hike, China's rising global favorability over the US, and the decline of Asian chip stocks.
Headline news for July 16, 2026: The Bank of Korea raises rates for the first time in three and a half years as inflation hits a two-and-a-half-year high driven by Middle East energy costs. A Pew Research survey finds China now viewed more favourably than the US in most countries surveyed including key U.S. allies. Asian chip stocks tumble. Synopsis: A round up of global headlines to start your day by The Business Times. Written by: Claressa Monteiro (claremb @sph.com.sg ) Produced and edited by: Claressa Monteiro or Nicole Teo Produced by: BT Podcasts, The Business Times , SPH Media Produced with AI text-to-speech capabilities --- Follow Lens On Daily and rate us on: Channel: bt.sg/btlenson Amazon: bt.sg/lensam Apple Podcasts: bt.sg/lensap Spotify: bt.sg/lenssp YouTube Music: bt.sg/lensyt Website: bt.sg/lenson Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Mark To Market at…
More episodes of BT Lens On
- Houthis Blockade Saudi Arabia, Mediators Propose a Ten-Day Iran Ceasefire and Burnham Takes Power in Britain
- US Death Toll Hits Seventeen, Brent Crosses Ninety Dollars and Hormuz Traffic Falls to Four Ships
- Singapore Electronics Surge, Iran Fighting Enters Sixth Night and Gold Falls Below Four Thousand Dollars
- Hormuz Blockade In Force, UAE Tankers Burn and Softer US Inflation Eases Rate Hike Fears
- US Restarts the Iran Blockade, Singapore's Economy Beats Expectations and Malaysia Eyes Early Election
- Bangkok Pub Fire Kills Twenty-Seven, Iran Closes Hormuz Again and Warsh Faces Congress
Explore listener stats, chart rankings, contacts and more on the BT Lens On podcast page.