Tag: Bank of Korea

  • Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

    Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

    The European Union has decided to close all internal borders to permit only essential travel. Philippines, Malaysia have enacted movement controls. The Dow crashed close to 3000pts (-13%) overnight in the worst rout since the 1987 crash. It was the third time in a week that a circuit breaker was triggered. However, Dow futures are […]

  • North Korea’s economy drops the most in 2018 since 1997

    North Korea’s economy drops the most in 2018 since 1997

    North Korea’s economy shrank in 2018 for a second straight year, and by the most in 21 years, hit by international sanctions to stop its nuclear program and by severe drought, South Korea’s central bank said on Friday. North Korea’s gross domestic product contracted by 4.1% last year in real terms, the worst since 1997 […]