Bloomberg Business

Bank of Korea Keeps Rate Restrictive as It Looks to Jackson Hole

Bank of Korea Governor Rhee Chang-yong sought to maintain focus on reining in inflation and household debt as the board left its benchmark interest rate unchanged and opted to remain hawkish ahead of major central bank events in the US.

Plane Orders from Auckland to India Show Travel Boom’s Longevity

Qantas Airways Ltd. and Air New Zealand Ltd. have both snapped up new planes to boost previous multibillion dollar aircraft orders, suggesting aviation’s lucrative post-Covid travel boom is far from over despite concerns about sky-high fares.

First Republican Debate Is No Reset Moment With Trump Avoided

Republican presidential candidates on Wednesday unleashed barbs on the economy, abortion and crime in the first primary debate of the campaign season. But their attacks did little to reset the dynamics of the race because they largely left frontrunner Donald Trump untouched.

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