Search results for 3.80 percent
Finance
Woori Bank launches time deposit paying up to 3.80 percent, sells up to 2 trillion won
Woori Bank introduced a short-term time deposit offering an annual interest rate of up to 3.80 percent. Customers can choose a deposit term of 3, 6 or 9 months, and the product will be sold until the end of November with a total limit of 2 trillion won. Rates as of Oct. 20 are 3.40 percent for 3 months, 3.75 percent for 6 months and 3.80 percent for 9 months.
Finance
KOSPI ends higher at 7,760 in volatile trade; KOSDAQ surges more than 4 percent
South Korea\'s KOSPI closed slightly higher on June 11 after swinging between gains and losses, paring steep early declines. The index opened sharply lower and fell further intraday before recovering to end up 0.43 percent. Retail investors were net buyers, offsetting foreign and institutional selling. The KOSDAQ rebounded 4.76 percent, and the Korea Exchange activated a buy-side sidecar during the rally.
Crypto
Binance flags seven altcoins with monitoring tag; prices slump on delisting fears
Global cryptocurrency exchange Binance has newly assigned a monitoring tag to seven tokens, prompting broad declines in their prices. The exchange said the tagged assets show notably higher volatility and risk than other assets and may be delisted if they fail to meet listing standards. Syscoin fell the most at 11.53 percent. Binance also tightened trading requirements for tagged tokens and said it would remove a seed tag from Tether Gold.
