15:43:48
Bank of Korea Governor Lee Chang-yong: Chip prices are expected to bottom out.
15:43:43
Spot silver rose 1.00% during the day and is currently trading at $22.06 per ounce. Spot gold rose by $4 in the short term and is currently at $1,867.73 per ounce.
15:43:28
Bank of Korea Governor Lee Chang-yong: Inflation is expected to fall to the bottom of the 3% range by the end of the year.
15:42:53
Bank of Korea Governor Lee Chang-yong: The main policy focus remains inflation.
15:41:58
Bank of Korea Governor Lee Chang-yong: Inflation in South Korea is slowing faster than in other regions.
15:41:43
World Bank President Pang Anjie: The Sovereign Debt Roundtable has promoted progress in debt restructuring.
15:39:54
Market News: Missiles launched from Lebanon towards Israel.
15:39:08
World Bank President Angie Pang: If we want to develop a common framework for replacing debt, we need to have a clear understanding of the alternatives.
15:38:47
World Bank President Pang Anjie: All creditors need to be involved in negotiations, and improving transparency is a way to reduce the debt burden.
15:37:33
World Bank President Angie Pang: We have seen progress on Ghana’s debt problem.
15:37:28
World Bank President Angie Pang: There is no doubt that the debt burden hinders development.
15:35:43
Spot silver stood at $22 per ounce, up 0.76% on the day.
15:35:07
World Bank Chief Economist Gill: In the 1970s, countries that failed to manage debt levels effectively got into trouble when the Fed raised interest rates.
15:34:29
World Bank Chief Economist Gill: We have not seen any large economies get into trouble during the recent shock.
15:34:05
World Bank President Pang Anjie: The world economy is performing better than expected.
15:33:37
Israeli military: A northern position in Lebanon was attacked by anti-tank fire.
15:33:26
World Bank President Angie Pang: The occurrence of geopolitical conflicts is extremely challenging for central banks trying to find their own policy path.
15:33:03
World Bank President Pang Anjie: Interest rates will remain high for a long time, which will make investment more complicated.
15:32:49
World Bank President Angie Pang: Countries need to handle fiscal stability issues very carefully at this time.
15:30:11
World Bank President Peng Anjie: We will definitely seek larger bank funds from shareholders.