The financial system of South Korea was stable, though efforts to diminish household debt would continue, as debts was growing more rapidly than income, the Central Bank stated.
The Bank of Japan announced the decision to keep monetary policy unchanged, sticking to optimistic view over the economy, even as simmering trade tensions cloud the global expansion outlook.
Noble Group announced that the company completed to drawn out $3.5B debt restructuring to emerge as an unlisted Asia-focused coal-trading firm.
On Wednesday, global stocks erased earlier gains after the US Federal Reserve raised interest rates, and forecast fewer rate hikes next year.
On Wednesday, the US Treasury Department said that it would lift sanctions on Russian aluminium giant Rusal and EN+ group.
On Wednesday, the US Federal Reserve signalled an earlier end to its monetary tightening policy, but forecast further rate hikes next year.
The US Federal Reserve on Wednesday raised interest rates as expected, and said that risks to the economy were roughly balanced.
The Canadian Consumer Price Index increased 1.7% in the month of November, compared with the same period a year earlier, Statistics Canada stated.
Existing home sales in the US grew unexpectedly in November, though recorded their largest annual decline in more than seven years, as the property market remained weak.
Rome and Brussels agreed a deal over the country's budget, averting an anticipated crisis in the Euro zone and allowing Italy to run a 2.04% budget deficit next year.
The EU governments reached the preliminary deal to surpass money laundering by strengthening bank supervision through the EBA, the EU stated.
France announced plans for no reduction of the structural deficit in 2019 in a revised budget aimed to quell social protests, which rocked the country in recent weeks, a government official stated.
Spirit AeroSystems, which supplies the fuselage for Boeing 737 jetliner, stated that it would add 1.4K positions at it the facility in Kansas.
The People's Bank of China stated that it is likely to increase rediscount quotas and relending by $14.5B to help to finance small enterprises' needs as a measure to strengthen private sector support.
The IMF has not received an South Africa's request for a financial support program, the managing director Christine Lagarde stated, as the country struggled with riding dept and weak economic growth.
European Union officials on Wednesday revealed that the bloc is working on short-term measures to solve possible issues with financial services, air traffic and trade in case of a no deal Brexit in March.
On Wednesday, the Italian sovereign debt bond yields declined, as the country made a budget deal with the EU. It indicates that the risk premium is declining, as it is more likely that the country will responsibly repay their debt.
On Wednesday, the European Commission announced that it reached a compromise with the Italian government about the country's 2019 fiscal budget.
Although the immigration status of EU migrants was already arranged with the EU in Theresa May's Brexit deal, the Prime Minister on Wednesday made a contradicting announcement. Namely, that net migration will be reduced to tens of thousands.
Facebook Inc on Wednesday announced that Facebook did not give user data to various companies without the permission of the users. The announcement came in the aftermath of New York Times revealing that Facebook allowed Microsoft's Bing to access all user's friends without consent from the users.
On Wednesday, Reuters revealed that Renault-Nissan executives worked on a plan to pay out the ex-Chairman's compensation through Dutch holding companies.
Throw-away plastics, such as polystyrene cups, straws, are expected to be banned in the EU by 2021, EU officials agreed, passing measures to diminish plastic use, aiming to reduce marine litter.
Royal Dutch Shell agreed to acquire a 49% stake in Asia-focused company Cleantech Solar, the energy firm's second investment in solar powerin 2018.
Cheaper petrol, video games helped to push the UK inflation rate to the lowest level since 2017 last month, official data revealed, suggesting some relief to consumers.