Day: October 11, 2024

Bank of Korea conducts 1st policy pivot in over 3 yrs

The Republic of Korea’s central bank on Friday cut its key benchmark interest rate, its first pivot in its yearslong monetary tightening mode, as inflation continued to moderate and the property market showed signs of cooling, reported Yonhap News Ag…

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UN warns of escalating violence in Middle East

Senior UN officials warned of a dangerous uptick in violence in the Middle East as delegates echoed their calls for a ceasefire, de-escalation and diplomacy.

“The conflict in Lebanon, coupled with intensified strikes in Syria and the raging violence…

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