Bank of Korea Could Cut Rates in October and November, Capital Economics Says -- Market Talk

The Bank of Korea could cut interest rates at each of its final two policy meetings this year--in October and November--with economic growth set to lose steam, Capital Economics senior Asia economist Gareth Leather writes in a note.

WSJJun 18 03:17 ET

South Korea to Run Final Tests Before Won Trading Hours Extend

South Korea will simulate extended trading hours for the won during its final trial series before the official start of longer sessions next month.

BNN BloombergJun 18 02:13 ET

Love for Labels Makes Korea's Inflation Stickier, BOK Study Says

South Koreans’ love for labels is driving local inflation more strongly than in other developed nations, making it harder for monetary policy to rein in the costs of living, a central bank study said.

BNN BloombergJun 18 01:22 ET

Hong Kong Census and Statistics Department: In the first quarter, the total income of Hong Kong residents increased by 9.6% year-on-year to 831 billion Hong Kong dollars.

In the first quarter of 2024, the total income of Hong Kong local residents (referring to the total income earned by Hong Kong residents through various economic activities) calculated at the then market price increased by 9.6% to HKD 831 billion, compared to the same period last year.

Zhitong FinanceJun 17 04:43 ET

Hong Kong Exchanges and Clearing Limited has proposed five policy recommendations to promote the dual growth of liquidity and efficiency in Hong Kong's capital markets.

According to the Zhongtong Finance APP, on June 17th, Hong Kong's Financial Services and the Treasury Bureau released a research report entitled "Promoting Dual Growth of Liquidity and Efficiency: Optimizing Hong Kong's Securities Trading Mechanism and Market Operations".

Zhitong FinanceJun 17 02:00 ET

Hong Kong's High Interest Rates May Persist Due to Uncertainty of Fed Rate Cuts

The Hong Kong Monetary Authority said high interest rates may remain for some time as it is uncertain when the US Federal Reserve will cut its interest rates, according to a Thursday press release by

MT NewswiresJun 13 23:00 ET