International Finance

Tag : Wealth Management

Banking

Bank of Korea holds rates in current Governor’s last meeting

Although there was no change in the South Korean central bank’s policy rate, a 25 basis point hike in 3Q 2014 is expected, says Ronald Man, Economist, Asian Economics Research, HSBC Ltd, Hong Kong Seoul, March 13: The Bank of Korea voted unanimously to hold its policy rate at 2.50% for the tenth consecutive month....
Banking

Japan’s apex bank keeps stimulus flowing to keep growth on track

Bank of Japan warns of flat export performance even as business and consumer confidence takes a hit on sales tax hike, reports Team IFM Tokyo, March 12:  Japan’s central bank has retained its pace of stimulus to keep its economic growth on rails, it said in a statement on Tuesday, even as it warned against...