This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest.

South Korea’s central bank held the seven-day repurchase rate at 0.75% on Thursday in a move forecast by nine of 17 analysts surveyed by Bloomberg.

South Korean households’ surplus fund hit a four-year high last year as the government’s efforts to control speculative investment in the real estate market reduced borrowing by households, central bank data showed Wednesday.

Moody’s considers cutting credit ratings for top securities firms By Park Jae-hyuk The Bank of Korea (BOK) is being urged to lend its money to domestic securities firms suffering financial difficulties from the coronavirus pandemic.

…Frances Katzen, one of New York’s top luxury property brokers, had made a brisk start to the year. Then, coronavirus struck. Within weeks, Ms Katzen saw $80m in sales evaporate as the pandemic put the…

Excess funds held by South Korean households jumped sharply from a year earlier in 2019, central bank data showed Wednesday, possibly due to government efforts to curb real estate speculation.

In the quest to find markets that look like they will weather an impending economic downturn, many investors are turning to the Federal Reserve.

On March 27, due to the prevailing COVID-19 situation, the Reserve Bank of India (RBI) announced that all commercial banks and NBFCs (Non-Banking Financial Corporations) had been permitted to allow a moratorium of three months on all term loans, including home, personal, education and auto loans and credit card dues outstanding as on March 1.

In the U.S. city of Alhambra on Sunday, normally a pleasant and welcoming community in Southern California, the day dawned cold, miserable and rainy.