Bloomberg New York Governor Kathy Hochul promised to reduce crime, improve affordability and stem the state’s population loss as she took the oath of office for her first full term. Hochul’s inauguration capped a remarkable ascendancy in New York politics, becoming the first woman to take the state’s top office in her own right, after inheriting it in 2021 …

  Bloomberg The Bank of Korea (BOK) should keep its policy focus on fighting inflation and be ready to help stabilise markets, Governor Rhee Chang-yong said in a New Year speech. Inflation is the most important factor for people’s livelihoods and is expected to remain elevated, Rhee said, according to a transcript of his remarks released by the BOK. The …

  Bloomberg European Central Bank (ECB) President Christine Lagarde said the currency union’s newest member proves that the euro has lasting appeal. “Croatia worked hard to become the 20th member of the euro area, and it succeeded,” Lagarde said in a statement. “It shows the euro is an attractive currency, which brings stability to its members.” The Adriatic country of …