Friday , March 29 2024

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S. Korea freezes rates, ending year-long run of hikes

S. Korea freezes rates, ending year-long run of hikes

South Korea’s central bank on Thursday froze benchmark interest rates at 3.5% owing to concerns over the slowing economy, ending a year-long run of hikes. The Bank of Korea decision comes after the economy shrank in the last three months of 2022 — the first time since the second quarter …

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Chinese smartphones locked in Vietnam

Chinese smartphones locked in Vietnam

Several Chinese smartphone models that have been activated in Vietnam remain unusable due to network locks. Minh Khoi in Hanoi’s Cau Giay District said he had bought a Realme GT Neo 5 via an unofficial channel (smartphones carried to Vietnam by individuals, not by official distributors), but most of its …

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