IBK advised to reimburse up to 80% of Discovery losses

Investors protest outside the main branch of the Industrial Bank of Korea in Jung District, central Seoul, last year. [NEWS1] The state-run Industrial Bank of Korea (IBK) is expected to reimburse up to 80% of structured fund losses through Discovery Asset Management, according to a recommendation from the Financial Supervisory …

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Transactions related to the share buyback program

Bloomberg China’s first global commodity boom warning sign flashes (Bloomberg) – One of the mainstays of this year’s meteoric commodities rally – Chinese demand – could be faltering. Beijing has successfully recovered from the pandemic economy in large part thanks to a credit expansion and a market boom. construction aided …

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Fed Governor: US has hurdles for CBDCs

Share Tweet Share Share Share E-mail Is the United States ready for a digital dollar? Not just yet, Federal Reserve Governor Lael Brainard said in a speech to CoinDesk’s Consensus 2021 Monday (May 24). There are a few policy considerations to take into account first, Brainard said, such as maintaining …

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