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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·12m 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·12m 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·13m 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·27m 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·1h 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
BTC0.43%
Bloomingbit·2h ago
Dormant Bitcoin Wallets Transfer 416 BTC After 13 Years

Coinbase CEO Announces AI Integration Plans for Platform

Coinbase CEO Brian Armstrong announced plans to transform the cryptocurrency exchange platform into what he described as the most AI-enabled financial account. The initiative aims to empower users to make more informed financial decisions and streamline their money management processes. Armstrong's
COIN-5.84%
GateCryptoFrontier·2h ago
Coinbase CEO Announces AI Integration Plans for Platform

Unknown Whale Transfers 133.9M USDC to Aave DeFi Platform

An unknown whale transferred 133.9 million USDC to Aave, a decentralized finance platform, in a transaction highlighted by CryptoTwitter commentator @whale_alert. The transfer represents a significant liquidity movement into Aave's lending and borrowing protocol. USDC is a stablecoin pegged to the U
USDC-0.01%
GateCryptoFrontier·2h ago
Unknown Whale Transfers 133.9M USDC to Aave DeFi Platform