Morgan Stanley: 70% of South Korea’s oil imports come from the Middle East; oil prices rising 10% per liter may push inflation up by 0.6%

金十2026/03/04 04:14

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Golden Ten Data reported on March 4 that Morgan Stanley released a report on the Korean market, stating that the recent rise in international oil prices has triggered concerns about stagflation pressure. The combined effect of a weak exchange rate and high oil prices may cause inflation to transmit rapidly. However, against the backdrop of weak demand, the Bank of Korea is expected to remain cautious and not rush to raise interest rates. The report pointed out that Korea is highly dependent on energy imports, with more than 95% of its energy coming from imports, and 70% of its oil imports originating from the Middle East, directly affected by geopolitical conflicts. Analysis shows that for every 10% increase in oil prices, Korean inflation may rise by 60 basis points (0.6%). Due to weak demand, monetary policy is unlikely to be used to curb transmission this year, and government supply-side price control measures are more likely to become the preferred option.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Power Root bought back 134,300 ordinary shares on Oct. 7, 2026, paying MYR 147,891.13. Purchases were priced between MYR 1.08 and MYR 1.12; all shares were retained as treasury stock. Treasury shares rose to 16,051,800, representing 3.78% of issued shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Root Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712895) on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 09:24

EPF Board trims IOI Corp stake, disposes 800,000 shares; holding at 18.651%

Malaysia’s EPF cut its stake in IOI Corp via the disposal of 800,000 ordinary shares on Oct. 2, 2026. EPF’s direct holding stood at 1,172,249,528 shares, equal to 18.65% of issued shares, following the transaction. The disclosure was dated Oct. 5, 2026, with the company receiving the notice on Oct. 7, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IOI Corporation Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3712867) on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 09:21

Elon Musk reportedly contacts TSMC, Intel CEO Pat Gelsinger quickly responds: Terafab collaboration continues

Intel (INTC.US) CEO Patrick Gelsinger stated that the company will continue its collaboration with Elon Musk on the Terafab project.

智通财经•2026/10/07 09:08