Bloomberg South Korea’s won has regained some ground after a dismal third quarter and a coming interest-rate hike could give it another boost. The won could rise as high as 1,120 per dollar this quarter from around 1,182 now as the Bank of Korea (BOK) moves to normalise policy and uncertainties surrounding the Fed’s tapering eases, according to Kiwoom Securities …

Bloomberg Bank of America Corp (BofA) is planning to apply to set up a securities firm in China, playing catchup to rivals including JPMorgan Chase & Co and Goldman Sachs Group Inc. in an expansion into the $54 trillion financial market. The bank aims to apply for regulatory approval early next year. It plans to submit applications for licenses allowing …

Bloomberg Markets are bracing for a pivotal Federal Reserve meeting that’s expected to lay out a roadmap for tapering pandemic-era stimulus and perhaps provide clues about the timing of a liftoff in interest rates. The prospect of rising borrowing costs to fight inflation has roiled bonds and flattened the Treasury yield curve, suggesting a slower economic recovery lies ahead. But …