EMERGING MARKETS-Most Asian currencies subdued; Taiwan dollar up most

The following table shows rates for Asian currencies against the dollar at 0210 GMT. Currency Latest bid Previous day Pct Move Japan yen 105.440 105.6 +0.15 Sing dlr 1.376 1.3771 +0.09 Taiwan dlr 29.119 29.276 +0.54 Korean won 1173.800 1172.3 -0.13 Baht 31.640 31.61 -0.09 Peso 48.422 48.47 +0.10 Rupiah 14850.000 14845 Want to know more on EMERGING MARKETS-Most Asian currencies subdued; Taiwan dollar up most click here...

[Monitor] Coronavirus resurgence drives down consumer confidence

Consumer sentiment in South Korea has shrunk for four months, as the government strengthened rules on social distancing amid the second wave of coronavirus infections.  According to a survey released by the Bank of Korea, the consumer sentimentWant to know more on [Monitor] Coronavirus resurgence drives down consumer confidence click here go to market news source. Market news summary from The Korea Herald Market News.Author: Korea Herald

MNACT expands investment mandate, acquires 50% stake in Seoul office building

MAPLETREE North Asia Commercial Trust (MNACT) is acquiring a 50 per cent stake in Pinnacle Gangnam, a 20-storey freehold office building in Seoul's Gangnam business district in Korea, for a price tag of 228.9 billion Korean won (S$267.6 million). Want to know more on MNACT expands investment mandate, acquires 50% stake in Seoul office building click here go to market news source. Market news summary from The Business...

IBK suspends branch head for receiving money

The state-run Industrial Bank of Korea (IBK) is in the hot seat after a series of misconduct incidents involving its employees. In the latest case, a branch head was found to have received tens of millions of won from a customer in exchange for providing convenience in services.Want to know more on IBK suspends branch head for receiving money click here go to market news source. Market news...

Seoul stocks tumble to over 1-month low on withering global recovery hopes

SEOUL, Sept. 24 -- South Korean shares plunged to a more than one-month low on Thursday, as investors turned risk-averse following overnight Wall Street decline over withering hopes of a quick economic recovery. The Korean won fell against the U.S. dollWant to know more on Seoul stocks tumble to over 1-month low on withering global recovery hopes click here go to market news source. Market news summary from...

BOK to expand financial support for pandemic-hit small merchants

SEOUL, Sept. 23 (Yonhap) -- South Korea's central bank said Wednesday it will further expand financial support for smaller merchants and firms to help them ease a funding squeeze amid the new coronavirus outbreak. The Bank of Korea (BOK) said it hasWant to know more on BOK to expand financial support for pandemic-hit small merchants click here go to market news source. Market news summary from Yonhap Market...
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