Recent Posts

New Bank of Korea chief takes more vocal stance on economy

  Bloomberg New Bank of Korea Governor Rhee Chang-yong is turning out to be more outspoken than his predecessor as he shows a willingness to leverage his position to stimulate debate on economic challenges ranging from inflation to demographics. Rhee made clear ahead of his first policy meeting this week that he will press for higher interest rates to rein ...

Read More »

Thailand signals it’s in no hurry to raise rates

  Bloomberg Thailand’s central bank is confident inflation will return to target next year, signalling there was no rush to change monetary policy settings just yet to check price gains hovering around a 13-year high. “Inflation is no doubt trending higher,” Governor Sethaput Suthiwartnarueput said in an interview with Bloomberg Television’s Haslinda Amin at the World Economic Forum’s annual meeting ...

Read More »

Hedge funds brace for $20b of redemptions, says Citco

  Bloomberg Hedge funds globally are bracing for nearly $20 billion of investor redemptions for the rest of 2022, even after seeing a net inflow in the first quarter, according to a report from Citco Group Ltd. Investors are already scheduled to withdraw $13.5 billion from the industry in the current quarter and another $6.3 billion the rest of the ...

Read More »
Send this to a friend