South Korea Inflation Cools in June, Backing BOK Extended Pause
South Korea’s inflation eased for a fifth month in June, bolstering the case for the central bank to hold its policy rate next week while it keeps a close eye on the deeper price trend.
South Korea’s inflation eased for a fifth month in June, bolstering the case for the central bank to hold its policy rate next week while it keeps a close eye on the deeper price trend.
A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country.
China’s biggest state banks are offering local government financing vehicles loans with ultra-long maturities and temporary interest relief to prevent a credit crunch amid growing tension in the $9 trillion debt market, according to people familiar with the matter.
Mizuho Financial Group Inc.’s securities arm is boosting hiring in the US as it seeks to cement its position among the top 10 stock and bond underwriters in the lucrative market.
New Zealand companies are pessimistic about the outlook for the economy, and their own trading prospects, as slowing growth damps demand for their goods and services.
Instagram’s highly anticipated Twitter rival is expected to launch Thursday, according to a listing on Apple Inc.’s App Store.
The UK energy regulator Ofgem is warning suppliers they must not use surging profits to pay huge shareholder dividends.
Chinese firms’ dollar-bond issuance hit the lowest level in a decade during the second quarter, and there are few near-term catalysts to reverse the trend as cheap onshore borrowing costs and economic uncertainty persist.
A shakeup at China’s central bank has poured cold water on speculation that the nation may be about to loosen a ban on digital-asset trading.
Two of Wall Street’s largest lenders are questioning the Federal Reserve’s projections for their future income, the latest sign of tension around the central bank’s annual stress tests.