By Joori Roh and Jihoon Lee SEOUL (Reuters) – South Korea’s central bank is expected to keep its interest rates on hold on Wednesday as its concerns over rising household debt and property prices would most likely put a bar on any policy changes. The Bank of Korea (BOK) was seen keeping its base rate unchanged […]
LONDON (Reuters) – The Bank of England asked banks on Monday for information about their readiness for zero or negative interest rates, following up on its announcement last month that it was considering how to take rates below zero if needed. “As part of this work, we are requesting specific information about your firm’s current […]
TOKYO (Reuters) – Japan and Britain hope to formally sign an Economic Partnership Agreement (EPA) on Oct. 23, Kyodo News reported on Monday. Japan has said it is aiming for the deal to come into force on Jan. 1, after reaching a broad trade agreement with Britain on Sept. 11.