Category: Markets

Former Fed adviser John H. Rogers was sentenced to 39 months for lying about sharing restricted Federal Reserve materials with an alleged Chinese intelligence operative.

Bank of Korea raises policy rate 25 bps to 2.75% as June inflation hits 3.2% and won weakness, wage pressures and Kospi volatility intensify.

Bank of Korea raised its benchmark rate to 2.75% amid 3.2% inflation and wage pressures; Kospi (.KS11) volatility and won (KRW=) moves follow the decision.

Bank of Korea hikes its policy rate 25 bps to 2.75% — first increase since 2023 — citing 3.2% inflation, won weakness and IT-sector bonus-driven wage risks.