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With little sign of progress. We are live to washington. Juliette we are just getting breaking numbers across the terminal. It is a miss for inflation for south korea. The month of december came in at a negative rate of 3. 1 . It year on year has gone to a reading of 1. 3 , down from 2 and below expectations of 1. 7 . Cpi core year on year the same as november, a revised figure now for november 1. 4 . Seeing some downward pressure coming through on south korean inflation likely to keep the bank of korea on pause. They raised in november to 1. 75 , the first gain in a year. Seeing year on year 1. 3 for. Ecember, cpi, that is a miss lets get to first word news. Kathleen china has announced plans to rein in lending by the nations regional banks to areas beyond home basis. The Regulatory Commission said lenders including Rural Property ofs must have the proper mustses cooperatives have the proper licenses. They are seeking ways to enhance buffett ability. South korea said kim jongun wants
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