Bloomberg North Korean leader Kim Jong-un’s aunt, Kim Kyong Hui, appeared in state media on Sunday, the first time she has been seen in public since her husband Jang Song Thaek was executed in 2013. The 73-year-old sat two seats away from her nephew, according to a photo by Korean Central News Agency. The leader’s sister, Kim Yo Jong, and ...

Bloomberg Federal Reserve policy makers will keep interest rates on hold this year and next, and will wind up their efforts to boost excess bank reserves by June, economists said in a Bloomberg survey. In the January 21-23 poll, the mean forecast from 28 respondents predicted no move in the federal funds rate until at least 2022, the same as ...

Bloomberg If you want to know what long-term negative interest rates are doing to banks, watch Denmark in the coming months. Danes have lived with subzero rates longer than anyone else, after the central bank resorted to the policy in 2012 to defend its currency peg. But according to the country’s financial watchdog, it’s only now that the real cost ...