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South Korea think-tank raises inflation forecast on higher energy prices

South Korea think-tank raises inflation forecast on higher energy prices

© Reuters. FILE PHOTO: A transmission tower is silhouetted against the setting sun near Kori Nuclear Power Plant in Busan, South Korea, August 18, 2022. REUTERS/Kim Hong-Ji SEOUL (Reuters) – A South Korean government think-tank revised its annual inflation projection upwards on Thursday, citing the recent rise in energy prices, although it said the need…

Rapper G Herbo pleads guilty in credit card fraud that paid for private jets and designer puppies

Rapper G Herbo pleads guilty in credit card fraud that paid for private jets and designer puppies

The rapper G Herbo pleaded guilty Friday to his role in a scheme that used stolen credit card information to pay for a lavish lifestyle including private jets, exotic car rentals, a luxury vacation rental and even expensive designer puppies.Under a deal with prosecutors, the 27-year-old Chicago rapper, whose real name is Herbert Wright III,…

Japan’s top FX diplomat: Inflation, wage gains overshooting expectations

Japan’s top FX diplomat: Inflation, wage gains overshooting expectations

© Reuters. FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. Picture taken January 31, 2022. REUTERS/Issei Kato By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s inflation will likely slow to around…