Bank of Korea
Korea FX reforms expected to drive e-trading surge
Dealers say opening onshore FX market to foreign firms will push trading onto platforms
FSB: third of climate stress tests not tackling physical risk
Six jurisdictions conducted exercises only for transition risk
New risk-free rate in Korea gets industry thumbs-up
Majority of 26-member benchmark panel back “credible” repo-based rate
People moves: UBS hires new Apac investment bank vice-chair
Also: Commerzbank’s trade finance Asia head; Blackstone nabs JPM Japan chief; and others
Korea insurers increase risk to counter falling interest rates
Loose monetary policy leaves firms with no option but to buy overseas assets
High KRX clearing fees driving won swaps offshore: Bank of Korea
Central bank says dealers are moving trades offshore to avoid KRX's high cost
BlackRock hires Zhu as head of China equities, and other recent job moves
Zhu moves from Goldman Sachs where she was a China equity strategist
Korean securities firms to compete with banks in OTC forex
Further liberalisation of Korea's capital markets gives securities firms a chance to expand
Low yields force Asian insurers to reassess ALM strategies
With long-term bonds in short supply and falling interest rates putting pressure on earnings, Asian insurers are considering giving up on asset-liability matching in order to chase yield. Blake Evans-Pritchard reports
Asian insurers abandoning liability matching in the hunt for yield
Ultra-low rates forcing companies to shift focus from asset-liability matching
Undeveloped Asian capital markets continue to make hedging difficult
A lack of liquidity is still providing problems for corporates looking to hedge – even in Hong Kong
Bank of Korea to invest in renminbi in 2012
Head of reserve management Heung Sik Choo confirms Bank of Korea will make first investments in Chinese renminbi this year
Korean central bank seeks external candidate to run reserves management
The Bank of Korea is seeking a new head of reserves management from outside of the central bank as part of an apparent attempt to bolster efficiency and foster better relations between the central bank and other market participants. This is the first…
Nomura launches South Korea Government Bond Index featuring liquidity screening
The South Korea Government Bond Index aims to offer investors increased tradability through the use of a liquidity enhancement mechanism
Bank of Korea wrong-foots market with rate hold; questions raised on anti-inflation stance and bank NPLs
The Bank of Korea held interest rates yesterday in a surprise move which caught fixed-income traders who had factored in a 25-basis point rise by surprise. The move questions Korea’s efforts to tackle inflation and raises concerns that the central bank…
Swap lines better than foreign reserves during crises, research finds
Reciprocal currency swap agreements between central banks bolstered market stability in Korea during the crisis in 2007 and 2008