Bank Korea Trims
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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 debt14 minutes ago - South Korea -
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.33 minutes ago -
World - Financial Times
At least 22 people killed in Israeli air strikes in central Beirut
UN says Israeli forces fired on peacekeepers’ headquarters in southern Lebanon2 hours ago - Israel -
World - Financial Times
Japanese PM’s uphill battle to win back voters
Shigeru Ishiba faces a long list of challenges ahead of a snap election3 hours ago - Japan -
Business - Financial Times
‘An easy target’: The Canadian bank favoured by money launderers
TD Bank employees received bribes in the form of gift cards and cash deposits into their accounts to look the other way3 hours ago -
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.3 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.6 hours ago -
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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.8 hours ago -
Business - CNBC
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett's Berkshire Hathaway cut its stake in Bank of America below an important level.9 hours ago -
Politics - The Hill
5 things to know about the TD Bank scandal
Toronto-Dominion Bank, commonly referred to as TD Bank, is facing unprecedented fines and penalties from U.S. officials after allegedly failing to stop hundreds of millions of dollars in drug money ...10 hours ago -
Top stories - The New York Times
TD Bank Pleads Guilty and Pays $3 Billion to Settle Money-Laundering Case
Authorities cited joking by bank employees about crimes: “‘You guys really need to shut this down LOL.’”11 hours ago -
Top stories - CBS News
TD Bank to pay $3 billion after breaking U.S. money laundering rules
TD Bank allowed money laundering networks to move more than $670 million through its accounts between 2019 and 2023, Justice Department said.11 hours ago -
Business - CNBC
TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
The Department of Justice reportedly was investigating how drug traffickers used TD Bank to launder money derived from fentanyl sales in the U.S.11 hours ago -
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Business - Financial Times
TD Bank to pay $3bn in US case over money laundering lapses
Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls12 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.12 hours ago - Federal Reserve -
Business - MarketWatch
TD Bank fined $3 billion by U.S. regulators and forced to limit growth
Toronto-Dominion Bank shares fell on Thursday as the Canadian bank was fined and forced to limit expansion to settle charges it failed to prevent money laundering.12 hours ago -
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. ...13 hours ago -
Business - Financial Times
Reeves weighs capital gains tax increase to help plug UK’s Budget gap
Treasury models impact of changes, but rules out ‘exit tax’ on those who leave Britain to avoid being hit13 hours ago -
Top stories - NBC News
TD Bank pleads guilty in money laundering case, will pay $3 billion in penalties
TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing ...13 hours ago -
Top stories - CBS News
How life has changed for Palestinians in the occupied West Bank since Oct. 7
A Palestinian-American in the Israeli-occupied West Bank says he's been kept off his land for a year. For others, it's been much worse.13 hours ago -
Politics - The Hill
TD Bank to pay $3B, face growth cap over money laundering violations
Toronto-Dominion Bank, commonly referred to as TD Bank, pled guilty Thursday to violating federal anti-money laundering and bank transparency laws, agreeing to pay more than $3 billion and limit ...14 hours ago -
Business - MarketWatch
Columbus Day: Are banks and post offices open? Here’s what you need to know about Indigenous Peoples’ Day.
Monday is both Columbus Day and Indigenous Peoples’ Day, and there are several closures to monitor.15 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.17 hours ago -
World - The Guardian
Reading sale jeopardised by owner Dai Yongge’s £55m debt to Chinese bank
Bank understood to have blocked sale to Rob Couhig Documents show unpaid debt secured against stadium The Reading owner Dai Yongge’s repeated attempts to sell the club are being jeopardised by ...18 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.19 hours ago - South Korea -
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 ...20 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 ...20 hours ago - Ukraine -
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World - The Guardian
‘I’m a man and I’m relentless!’ What does Industry say about banking’s toxic masculinity crisis?
They’re lonely, controlling ‘dinosaurs’ seemingly incapable of decently treating the people who look to them for love. Do the characters in the finance drama have any hope of understanding ...23 hours ago -
Business - Financial Times
The ‘80-hour circuit breaker’: Wall Street banks tackle workloads of junior staff
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industryYesterday -
Top stories - CBS News
A look at Palestinian life in the Israeli-occupied West Bank
Rights groups say documented instances of violence by settlers against Palestinians in the Israeli-occupied West Bank have been escalating since Hamas' attack on Oct. 7, 2023. CBS News' Haley Ott ...Yesterday - Israel -
Tech - GameSpot
Play Your Steam Deck Longer With This Excellent Magnetic Power Bank Deal For Prime Big Deal Days
Amazon's Prime Big Deal Days event is in its second and final day, and if you're in the market for a power bank that's compatible with your Steam Deck to extend your play sessions, you're in ...Yesterday