Korea s capital market has yet to find a track to solid recovery and is forecast to extend lackluster performance until global monetary uncertainties come to a complete end, market experts said.
Standard Chartered Bank Korea said Thursday that it is offering a promotion for new clients signing up for its Jaeil EZ account, promising first-time customers interest rates of up to 3.6 percent per year, even for just one day of deposit. The promotion, which launched on June 20 and runs until July 7, offers every new client 3,000 won ($2.28) worth of Naver Pay points, a points reward program of the country's l.
A Standard Chartered Bank economist told foreign businesspeople here on Wednesday that they do not need to be too worried about the widening gap between the interest rates of Korea and the U.S.
SINGAPORE : The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious ahead of key U.S. inflation data due later in the day just as the Federal Reserve kicks off its two-day monetary policy meeting.The U.S. Labor Department's CPI report is expected to show that