Foreign IBs eye rate freeze until Q2
Seoul - Yonhap
Major foreign investment banks believe that South Korea's central bank would freeze its key interest rate at least until the second quarter of next year because of mounting concerns over external economic uncertainties, data showed Monday. The Bank of Korea (BOK) froze the benchmark rate at 3.25 percent in September for the third straight month as signs of the slowing global economy and eurozone debt crisis outweighed persisting inflation woes.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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