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Finance & Markets

BOK Chief Apologizes for Failing to Warn Public about ETF Risks

[Economy] : Bank of Korea(BOK) Gov. Shin Hyun-song has apologized to the public for the central bank’s failure to give proper warnings about the risks of single-stock leveraged exchange-traded funds(ETFs). Shin issued the apology on Monday during the parliamentary inspection of the central bank when asked by a ... [more...]

BOK Chief Apologizes for Failing to Warn Public about ETF Risks

We haven't written up this one. KBS World Radio has the full story — the link below goes straight to it.

Read the original at world.kbs.co.kr →

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Gold rises as cheaper oil lifts hopes for a Fed pause

Dubai: Gold inched up on Monday, October 12, as falling oil prices calmed worries about inflation. Traders now see a better chance that the US Federal Reserve will hold off on more interest rate hikes. Globally bullion is trading slightly lower at $4,190.15 after it breached the $4200 mark in early morning trade on Monday.

Egypt’s foreign currency reserves rise to US$ 57.35 billion

The Central Bank of Egypt’s net foreign currency reserves reached approximately US$ 57.35 billion by the end of September 2026—an all-time high—reflecting improved foreign currency indicators and a…

  • Egypt's foreign currency reserves reach $57.35 billion by end of September 2026
  • Net foreign assets of banking sector hit $31.2 billion by end of August 2026
  • Reserves and banking sector figures highlight Egypt's economic resilience

SBP Earns Billions From Bank Fines

The State Bank of Pakistan (SBP) imposed Rs. 1.58 billion in penalties on banks and financial institutions during FY26 for … Read More The post SBP Earns Billions From Bank Fines appeared first on ProPakistani .

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