Bank of Korea holds 2.5% rate and rolls out dot plot
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

congodailynews.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...
Business

Argentina settles U.S. Treasury swap obligation in full

congodailynews.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025,...
Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor
Business

Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor

congodailynews.com
Switzerland’s Federal Prosecutor is investigating potential breaches of criminal law by officials involved in the state-backed takeover of Credit Suisse by UBS Group, which was announced last month. The prosecutor’s office is examining the deal...