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S.Korea raises benchmark interest rate to 1 pct

S.Korea raises benchmark interest rate to 1 pct

2021-11-25 10:06

SEOUL, Nov. 25 (Xinhua) -- South Koreas central bank on Thursday raised the benchmark interest rate to 1 percent in a bid to curb inflationary pressure and massive household debts. Bank of Korea (BOK) Governor Lee Ju-yeol and monetary policy board me

S.Koreas central bank expects economy to grow 4 pct in 2021

S.Korea's central bank expects economy to grow 4 pct in 2021

2021-11-25 09:37

South Korea's central bank on Thursday expected the real gross domestic product (GDP), adjusted for inflation, to grow 4.0 percent this year.

U.S. Feds inflation measure posts biggest year-over-year increase since early 1990s

U.S. Fed's inflation measure posts biggest year-over-year increase since early 1990s

2021-11-25 07:16

A key U.S. inflation measure closely watched by the Federal Reserve in October posted its biggest year-over-year increase since the early 1990s.

U.S. stocks close mixed

U.S. stocks close mixed

2021-11-25 05:47

U.S. stocks ended mixed on Wednesday ahead of Thanksgiving holiday.

Inflation in Mexico climbs to highest level in 20 years

Inflation in Mexico climbs to highest level in 20 years

2021-11-25 04:39

Inflation in Mexico reached 7.05 percent year-on-year in the first half of November, the highest level in 20 years.

Japan to strengthen supervision on virtual assets

Japan to strengthen supervision on virtual assets

2021-11-24 15:28

Japan's Ministry of Finance plans to strengthen the monitoring of virtual assets including Bitcoin

Japan to release oil reserves to reduce oil prices

Japan to release oil reserves to reduce oil prices

2021-11-24 12:53

Japanese Prime Minister Fumio Kishida said on Wednesday that Japan will release oil.

Singapores economy to grow 3-5 pct in 2022

Singapore's economy to grow 3-5 pct in 2022

2021-11-24 12:14

Singapore's Ministry of Trade and Industry (MTI) announced on Wednesday that the city-state's economy is expected to grow by 3 to 5 percent in 2022.

Upgraded China-ASEAN partnership amplifies RCEP co-op

Upgraded China-ASEAN partnership amplifies RCEP co-op

2021-11-24 11:33

NANNING, Nov. 24 (Xinhua) -- HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south Chinas Guangxi Zhuang Autonomous Region on Nov. 20, bringing five reefer containers filled with fresh fruit. Indonesi

Singapores total merchandise trade grows by 19.1 pct in Q3

Singapore's total merchandise trade grows by 19.1 pct in Q3

2021-11-24 09:36

Singapore's total merchandise trade grew by 19.1 percent year on year in the third quarter of 2021 to 291 billion Singapore dollars.

U.S. stocks close mixed

U.S. stocks close mixed

2021-11-24 05:28

U.S. stocks ended mixed on Tuesday amid further gains of U.S. benchmark Treasury bonds' yields.

S.Koreas corporate bond issuance falls in October

S.Korea's corporate bond issuance falls in October

2021-11-23 16:47

SEOUL, Nov. 23 (Xinhua) -- South Koreas corporate bond issuance fell last month on higher borrowing cost, financial watchdog data showed Tuesday. The sale of corporate bonds came in at 16.67 trillion won (14 billion U.S. dollars) in October, down 5.3

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