South Korea's central bank cuts rates in a bid to boost the economy
Sort by
165 items
-
World - ABC News
South Korea's central bank cuts rates in a bid to boost the economy
South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt9 minutes ago - South Korea -
Top stories - BBC News
Warning of UK slowdown despite August pick-up
The economy grew by 0.2% but there is a warning that the "broader picture" is one of "slowing growth".1 hour ago - United Kingdom -
Business - Financial Times
UK economy grew 0.2% in August
Figure comes as chancellor Rachel Reeves prepares Labour government’s first Budget this month2 hours ago - United Kingdom -
World - The New York Times
A Woman Won South Korea’s First Literature Nobel. That Says a Lot.
While Han Kang’s victory was celebrated as a crowning cultural achievement for her country, her work also represents a form of rebellion against its culture.2 hours ago -
Business - Financial Times
Israeli air strikes on central Beirut kill 22
More than 100 wounded as heart of Lebanese capital struck for second time in under two weeks4 hours ago - Israel -
Business - CNBC
Bank of Korea cuts interest rates after holding for almost two years
The BOK cut its benchmark interest rate from 3.5% to 3.25% after a “clear trend of stabilization” with inflation.6 hours ago -
World - The Wall Street Journal
Battle Brews Over Site Tied to Postwar Sex Trade Near U.S. Bases in South Korea
South Korean women who worked at brothels for U.S. soldiers are fighting to block the razing of a site where many were forcibly treated for venereal diseases.8 hours ago -
World - The Wall Street Journal
Israeli Airstrikes Hit Sites in Central Beirut
The attacks appear to be the largest in central Beirut since Israel intensified its offensive against Hezbollah in Lebanon.8 hours ago - Israel -
-
Top stories - BBC News
How South Korea's 'real-life mermaids' made Malala want to learn to swim
The activist is producing a film about South Korea's real-life mermaids, the haenyeo.10 hours ago -
Business - CNBC
10-year Treasury yield tops 4.10% as Fed's Bostic says he's OK with pausing rate cuts
The yield on the 10-year Treasury note rose as investors studied fresh inflation and data, and commentary from Atlanta Federal Reserve President Raphael Bostic.13 hours ago -
Business - CNBC
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.14 hours ago - Federal Reserve -
Business - CNBC
The Fed is finally cutting rates, but banks aren't in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.14 hours ago - Federal Reserve -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...15 hours ago -
Business - Financial Times
ECB will need to step up rate cuts if outlook darkens, chief economist said
Gloomy economic data concerned Philip Lane and other policymakers, minutes of September meeting reveal18 hours ago -
Business - CNBC
Ripple launches crypto storage services for banks in bid to diversify
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.19 hours ago -
Business - MarketWatch
The Fed’s cutting rates. Here are three yield curve scenarios, and what they’d mean for the stock market
Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for each he gives the implication for the U.S. stock market.20 hours ago -
Top stories - BBC News
South Korea's Han Kang wins Nobel Literature Prize
Han Kang is the first South Korean winner and only the 18th woman to win the Nobel literature prize.21 hours ago - South Korea -
Business - The New York Times
Hurricane Milton, Inflation and the Economy
The superstorm is expected to inflict costly and lasting damage in Florida, as the Federal Reserve is already keeping an eye on upcoming inflation data.21 hours ago -
World - The Guardian
South Korea’s Han Kang wins 2024 Nobel prize in literature – follow live
Author, known for her acclaimed work The Vegetarian, honoured for her ‘intense prose that confronts historical traumas’. Last year, Norwegian writer Jon Fosse won the Nobel, having long been tipped ...22 hours ago -
Politics - The Hill
North Korea wades into Ukraine
North Korea has entered the Ukraine war by providing artillery ammunition and military technology to Russia, and is now deploying soldiers to the Donetsk Oblast to assist in rebuilding ...22 hours ago - Ukraine -
-
-
Top stories - BBC News
Spain looks to immigrants to drive economy
Spain has seen a big rise in illegal immigration, but some say that the extra workers are needed.Yesterday - Spain -
Business - CNBC
Fed officials were divided on whether to cut rates by half a point in September, minutes show
The Federal Reserve on Wednesday releases minutes from its Sept. 17-18 policy meeting.Yesterday - Federal Reserve -
Politics - The Hill
Mortgage applications drop 5.1 percent as rates rise despite Fed cuts
Mortgage applications dipped earlier this month as rates have been on the rise following a strong September jobs report. Recent data from the Mortgage Bankers Association’s (MBA) Weekly ...Yesterday - Federal Reserve -
Business - The New York Times
Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.Yesterday - Federal Reserve -
Business - Financial Times
Fed officials were divided over big rate cut in September
Minutes from meeting showed some dispute about how quickly to reduce borrowing costsYesterday - Federal Reserve -
Business - Inc.
Fed Minutes Could Offer a Peek at Rate Cut Debate
Insight into the central bank’s decision to cut the prime interest rate may signal its plans for future reductions.Yesterday - Federal Reserve -
Business - Financial Times
Germany expects economy to shrink in 2024 after cutting forecast
Government predicts rebound in 2025 following 0.2% decline this year as it tries to address long-term structural problemsYesterday -
Top stories - CBS News
How much does a $90,000 HELOC cost per month now that rates are cut?
Payments on a $90,000 HELOC are currently affordable and they could become cheaper soon. Here's what to know now.Yesterday -
Top stories - CBS News
How to earn big CD returns as interest rates are cut
A single interest rate cut hasn't dramatically affected CD accounts. Here's how you can still earn a big return now.Yesterday -
Top stories - CBS News
What will happen to home prices as interest rates are cut?
Experts predict home prices will rise as interest rates are cut, but two other outcomes could unfold.Yesterday -
Business - The Wall Street Journal
SpaceX Wields Power Over Satellite Rivals to Boost Starlink
The Elon Musk-led space company asked rival satellite operators to cede valuable spectrum rights during talks to negotiate launches.Yesterday