Bank of Korea cuts key rate

Source: Dukascopy Bank SA
The Central Bank of South Korea trimmed its key interest rate 25 basis points to 1.25%, in line with expectations, leaving the possibility for further easing.
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Wed, 16 Oct 2019 06:34:57 GMT

MGM plans two resort sales for $5.0B

MGM Resorts International is planning to sell its Las Vegas' Circus Circus and Bellagio resorts in two separate deals worth around $5.0B, as the US casino operator aims at monetising its assets of real estate and boost its balance sheet.

Wed, 16 Oct 2019 04:10:30 GMT

IMF slashes Saudis' growth forecast

The International Monetary Fund announced its expectations for the economy of Saudi Arabia to grow 0.2% in 2019, down from the prior estimate of 1.9%, amid oil production cuts.

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