South Korea"s central bank cuts outlook on trade battle
South Korea's central bank has cut its forecast on the country's economy, citing mounting uncertainties from the U.S.-China trade battle......»»
South Korean watchdog cuts fine on Qualcomm after decade-old legal battle
South Korea's antitrust regulator has lowered a decade-old penalty imposed on U.S. chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission (KFTC) said on Thursday......»»
Market Snapshot: U.S. stocks trade mixed as investors watch for clues on outlook from Fed
U.S. stocks trade mixed Wednesday ahead of the release of minutes from the Federal Reserve’s March policy meeting, which may offer clues to the central bank's strategy if the economic rebound from the coronavirus pandemic runs too hot......»»
South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up......»»
South Korea’s Central Bank Is Building a New Blockchain System for the Bond Market
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market......»»
U.S. accuses Huawei of stealing trade secrets, dealing with North Korea
U.S. prosecutors on Thursday added trade secret theft charges to their bank fraud case against Chinese smartphone maker Huawei Technologies Co, further escalating the U.S. battle with the world's largest telecommunications equipment maker......»»
South Korean Central Bank Keeps Rates, Expects Economy To Recover
The Republic of Korea's central bank on Friday said that it is keeping its lending rate at 1.25% as the country's economy shows signs of recovery. 0 read more.....»»
South Korean Central Bank to Organize a CBDC Task Force
South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology......»»
South Korean Central Bank to Organize a CDBC Task Force
South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology......»»
Fed"s Powell sees "favorable" outlook, "sustainable" expansion
Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act "as appropriate" amid an economy likely to soon regain its footing......»»
Stocks to rise as rate cuts beat back trade worries for now: Reuters poll
World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the U.S.-China trade war......»»
Fed rejects call to deny Trump rate cuts; Trump keeps up pressure
The U.S. central bank on Tuesday rejected a call from a former Federal Reserve policymaker to counter President Donald Trump's trade agenda by refusing to "play along" and denying the president the interest rate cuts he has demanded......»»
Fed Chair Powell vows to ‘sustain the expansion’ but doesn’t commit to the deep interest rate cuts Trump wants
JACKSON HOLE, Wyo. — Federal Reserve Chair Jerome H. Powell said Friday that the trade war is a “complex, turbulent†situation and he vowed the central bank will “act as appropriate to sustain the exp........»»
Asia Markets: Asian markets pull back as Japan-South Korea trade tensions escalate
Asian shares were lower Friday as investors continued to watch the brewing trade conflict between China and the U.S., and any signs of what’s in store from central banks......»»
Asia Markets: Asian markets fall on economic red flags as trade-war standoff persists
As talks to resume U.S.-China trade negotiations stall, South Korea cuts its interest rate while Japan and Australia post disappointing economic data......»»
The Fed: Fed’s Powell says trade worries restraining the economy, hints at interest-rate cuts soon
Federal Reserve Chairman Jerome Powell said Wednesday that since the central bank’s last meeting, uncertainties around trade and the strength of the global economy ‘continue to weigh on the U.S. economic outlook.’.....»»
Asian shares climb, wager all on dovish Fed, trade hopes revive
Asian shares hit five-week highs on Wednesday as investors hoped the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day......»»
Asian shares jump on Fed rate fever, trade war hope
Asian share markets jumped on Wednesday as investors dared to hope the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day......»»
India cuts interest rate as trade tensions bite emerging economies
India's central bank cut its policy interest rate by 25 basis points in a widely expected move on Thursday after recent data showed the economy growing at its slowest in over four years. Pascale Davies reports......»»
The Fed: Powell suggests interest rates could be cut if trade tensions damage economic outlook
Fed Chairman Jerome Powell on Tuesday said the central bank was watching the impact of the trade negotiations on the economic outlook and said the central bank would “act as appropriate†to sustain the expansion......»»
The Fed: Powell says Fed watching impact of trade tensions on economic outlook
Fed Chairman Jerome Powell on Tuesday said the central bank was watching the impact of the trade negotiations on the economic outlook and said the central bank would ‘act as appropriate’ to sustain the expansion......»»