Fixed Income

Sovereign and corporate debt, credit, and ratings
Reuters ahead on crucial Bank of Korea rate decision

Reuters ahead on crucial Bank of Korea rate decision

Reuters secured a stunning scoop against Bloomberg with the Bank of Korea’s decision to raise interest rates for the first time since the global financial crisis. The won jumped against the dollar and bond futures tumbled as the move came sooner than many analysts had predicted. Bloomberg hesitated, but the Reuters bureau in Seoul snapped the news, giving Reuters clients an advantage.

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