Posts Tagged ‘hang seng index’

South Korea’s central bank cuts policy rate to 3%

Nathan Andrada – Fourth Estate Cooperative Contributor Seoul, South Korea (4E) – The South Korean central bank surprised the markets on Thursday by lowering its key benchmark interest rate by 25 basis points citing worsening economic conditions in the U.S. and Europe, along with softening demand for local goods in emerging markets. Economists see this […]