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BOK: The Board will decide on the timing of any rate hike.

2026-05-28

BOK: The Board will decide on the timing of any rate hike.

Other News
2026-05-28

Hong Kong stocks continued to decline, with the Hang Seng Index falling 2% and the Hang Seng Tech Index falling 1.23%. Tech stocks were weak, and innovative drug concepts declined. Meituan (03690.HK) fell nearly 6%, and Hansoh Pharmaceutical (03692.H

Hong Kong stocks continued to decline, with the Hang Seng Index falling 2% and the Hang Seng Tech Index falling 1.23%. Tech stocks were weak, and innovative drug concepts declined. Meituan (03690.HK) fell nearly 6%, and Hansoh Pharmaceutical (03692.HK) fell 4.8%.
2026-05-28

China's Defense Ministry said on May 28 that Washington's reported pause of a $14 billion arms package to Taiwan does not alter Beijing's stance. At a regular briefing, ministry spokesman Col. Jiang Bin reiterated Beijing's consistent opposition to U

China's Defense Ministry said on May 28 that Washington's reported pause of a $14 billion arms package to Taiwan does not alter Beijing's stance. At a regular briefing, ministry spokesman Col. Jiang Bin reiterated Beijing's consistent opposition to U.S. arms sales to Taiwan and urged the United States to abide by the One-China principle and the three Sino-U.S. joint communiqués, especially the Aug. 17 communique. He called on Washington to implement leaders' summit commitments and handle the Taiwan issue cautiously to preserve stable, healthy and sustainable China-U.S. military ties. The remarks followed a U.S. acting Navy secretary's statement and publication by the U.S. House of portions of the FY2027 National Defense Authorization Act that includes a $1 billion Taiwan Security Cooperation Initiative to bolster Taiwan's defenses.
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