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Finance & Markets

Mercury General Slips To Loss In Q3 On Realized Losses

(RTTNews) - Mercury General Corp. (MCY), an insurance services company, reported loss in its third quarter, compared to last year's profit, mainly due to realized investment losses in the period. Mercury posted a third quarter net loss of $13.685 million, 104.9 percent down fro

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South Korea FX Reserves Rebound Above $443 Billion

The reserves had temporarily declined in September due to factors including entrusted assets related to investment in the United States, but recovered in October as returns on foreign currency asset…

  • South Korea's foreign exchange reserves exceeded $443 billion in October.
  • Reserves increased by $15.11 billion from September's $440.56 billion.
  • Deposits accounted for $6.32 billion of the reserve growth in October.

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