Bank of Korea Governor Shin Hyun-sung said on the 12th the path of inflation is the primary consideration in interest-rate decisions. Speaking at a parliamentary finance and economy committee oversight hearing in Seoul, he was asked whether the central bank would hike again in October or November. Shin said the bank is especially concerned that inflation will hit low-income and vulnerable households hardest and that vulnerable borrowers are already feeling pressure from high rates. Markets take

2026-10-12

Bank of Korea Governor Shin Hyun-sung said on the 12th the path of inflation is the primary consideration in interest-rate decisions. Speaking at a parliamentary finance and economy committee oversight hearing in Seoul, he was asked whether the central bank would hike again in October or November. Shin said the bank is especially concerned that inflation will hit low-income and vulnerable households hardest and that vulnerable borrowers are already feeling pressure from high rates. Markets take his comments to indicate the BOK will seek to balance containing inflation with easing the burden of high rates on households and firms.

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2026-10-12

Guizhou province issued an implementation plan to support a shift from selling liquor to selling lifestyle, directing lenders and payment providers to optimise basic financial services for baijiu consumption. The plan targets key scenes — "i Moutai", liquor expos and sauce‑aroma festivals — and calls for continued promotion of payment convenience. It also instructs exploration and refinement of pledge‑backed financing for base liquor, urges financial institutions to strengthen valuation capabili

2026-10-12

CSRC chair Wu Qing will attend the opening and deliver the keynote at the 2026 Financial Street Forum annual meeting on Oct. 19, the regulator said. The CSRC will host a main forum on Oct. 21 focused on building first‑class investment institutions to support high‑quality development of China’s capital markets and to share investment opportunities. The agenda includes speeches and two roundtables on cultivating patient capital and long‑term investment opportunities in the Chinese capital market u