Bank of Korea cuts rates to 1.25% to a low last seen at the end of 2017, and matches that record low.
An expected move.
The previous cut was in July.
Governor to hold a news conference from 0220GMT.
An expected move.
The previous cut was in July.
Governor to hold a news conference from 0220GMT.
Most Popular
Sponsored
Jersey Mike's IPO: 50% sales growth vs. $50M stepson pay & $41M jet. AI hype or real value?
Big Tech's AI boom sparks 16-37% energy spikes & climate goal risks. Watch emissions!
Private credit's $14B liquidity crunch persists. Investors face years of locked capital, risking returns amid market volatility.
Saudi Arabia shipped around 34 million barrels through Hormuz in the past two weeks, more than double the pace seen during the conflict-hit prior period, Kpler data show.
Tesla's 480k deliveries beat estimates, but stock dips 8% on slowing growth & EV glut.
Cuisinart recalls 1.7M brushes; detached bristles pose ingestion risk. Watch for consumer safety impacts.
Oil edged up Thursday on short covering as US-Iran talks in Doha showed progress and Saudi tankers cleared the Strait of Hormuz, though UBS cut its Brent forecasts.
Sponsored
Must Read