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Bank of Korea Rate Decision on October 22nd as Bond Yields Drop Sharply

The Bank of Korea's Monetary Policy Committee will convene on the 22nd, with Seoul's bond market expected to show volatility based on the committee's policy stance. All 15 financial institution experts surveyed by Yonhap Infomax expect the benchmark interest rate to remain at 3.00%. The previous
GateMacroTradfiHub·38m ago
Bank of Korea Rate Decision on October 22nd as Bond Yields Drop Sharply

APR Q3 Profit Forecast Misses Consensus by 20B Won on Currency Headwinds

APR is forecast to report Q3 revenue of 783.8 billion won and operating profit of 175.8 billion won, representing year-over-year increases of 103.13% and 82.97% respectively, according to a compilation of estimates from 16 domestic securities firms. The operating profit figure is expected to fall
APR9.22%
GateMacroTradfiHub·39m ago
APR Q3 Profit Forecast Misses Consensus by 20B Won on Currency Headwinds

US Stock Market News: JPMorgan Q3 Earnings Growth Broadens Beyond AI

JPMorgan strategists expect third-quarter corporate earnings to provide support for US stock market equities, with profit growth expanding beyond artificial intelligence-related companies across a wider range of sectors, according to US Stock Market News analysis led by Mislav Matejka. The team
NVDA-1.42%
MU-5.67%
GateUsMarkets·52m ago
US Stock Market News: JPMorgan Q3 Earnings Growth Broadens Beyond AI

IMF Director: Korea Only Advanced Economy With Expanding Fiscal Capacity

IMF Director Choi Ji-young stated during an October 15 local time press briefing in Bangkok that Korea is the only advanced economy with expanding fiscal capacity, emphasizing the need to continue investment to enhance growth potential. Choi explained Korea faces a unique situation where fiscal capa
GateMacroTradfiHub·1h ago
IMF Director: Korea Only Advanced Economy With Expanding Fiscal Capacity

IMF Chief Calls South Korea's Monetary-Fiscal Policy Mix 'Appropriate'

IMF Managing Director Kristalina Georgieva assessed South Korea's monetary-fiscal policy combination as "appropriate" during a meeting with Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il on October 17 (local time) in Bangkok, according to the Ministry of Economy and Finance o
GateMacroTradfiHub·1h ago
IMF Chief Calls South Korea's Monetary-Fiscal Policy Mix 'Appropriate'

South Korea Holds Record 19 Bilateral Meetings at IMF-World Bank Gathering

South Korea's Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il conducted 19 bilateral meetings during the IMF and World Bank Annual Meetings in Bangkok, according to the Ministry of Economy and Finance on October 18. Twelve of these meetings were requested by counterpart
GateCryptoFrontier·1h ago
South Korea Holds Record 19 Bilateral Meetings at IMF-World Bank Gathering

South Korea's Potential Growth Rate to Rise 2 Years Consecutively: IMF

The International Monetary Fund (IMF) projected on October 18 that South Korea's potential growth rate will rise for two consecutive years in 2025 and 2026. According to IMF's October World Economic Outlook (WEO) database, South Korea's potential growth rate is expected to increase from 1.94% in 202
GateMacroTradfiHub·1h ago
South Korea's Potential Growth Rate to Rise 2 Years Consecutively: IMF

GTC Surges 10.56% in One Hour to Reach $0.25459

GTC surged 10.56% in the past hour, reaching a current price of $0.25459. The cryptocurrency recorded a 28.74% price increase over the last 24 hours. Trading volume reached approximately $11.4 million, reflecting heightened activity among investors. GTC Records Sharp Price Movement in Recent Tradi
GateEcosystemHub·2h ago
GTC Surges 10.56% in One Hour to Reach $0.25459

Dormant Bitcoin Wallets Transfer 416 BTC After 13 Years

Two dormant Bitcoin wallets transferred a combined 416.6941 BTC to a single address on October 18, according to on-chain analytics platform Onchain Lens. The holdings, once valued at about $105,400, were worth approximately $33.82 million at the time of transfer. One wallet had been inactive for 13
BTC0.42%
Bloomingbit·3h ago
Dormant Bitcoin Wallets Transfer 416 BTC After 13 Years