Financial firms dump stocks, flock to bonds

Investments rose 25.8 percent from a year earlier and 11.6 percent from a quarter earlier, driven mainly by semiconductor firms expanding production, the ministry said. Manufacturers’ fixed assets ... ( read original story ...)

Economists forecast 12.5bp rate hike

The central bank would likely hike key interest rates by 12.5 basis points (bp) on Thursday amid slowing inflation, economists said. The bank is expected to be less aggressive than the US Federal ... ( read original story ...)