Interest Rates
Past coverage from 0 countries ยท Last active May 10, 2026
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Gold Prices Climb Over 2% Amid Easing Inflation Fears and Iran De-escalation Hopes
- Gold prices rose by over 2% during the week, closing at $4715.25 per ounce on Friday. - This increase was driven by optimism about a potential end to the conflict with Iran, easing inflation and high interest rate concerns. - Gold is typically seen as a safe haven, but high interest rates can pressure its price; de-escalation in Iran could lead to lower energy prices and potential interest rate โฆ
KFTC Initiates Action Against Myungryun Dang Over High-Interest Franchisee Loans
- South Korea's Fair Trade Commission (KFTC) has initiated disciplinary action against Myungryun Dang, the operator of the popular restaurant chain 'Myungryun Jinsagalbi'. - The company is accused of โฆ
Fixed Mortgage Rates May Be Lowered โ Here's How You Can Act
- Swedish banks collectively raised fixed mortgage rates in mid-March, but market rates have since declined. - Experts suggest that fixed mortgage rates may decrease soon, though the Middle East conflโฆ
KB Kookmin Bank to Apply Interest Exceeding 5% to Principal for Business Loans
- KB Kookmin Bank will introduce a program this month to alleviate debt burdens for low-credit individual business owners. - The program automatically applies interest exceeding 5% on existing businesโฆ