September 19, 2024

U.S. Fed cuts key lending rate by half percentage point

The U.S. Federal Reserve on Wednesday lowered its benchmark interest rate by half of a percentage point, the first cut in more than four years, in a major policy shift less than seven weeks away from the presidential election.

After the two-day Fed…

U.S. Fed cuts key lending rate by half percentage point

The U.S. Federal Reserve on Wednesday lowered its benchmark interest rate by half of a percentage point, the first cut in more than four years, in a major policy shift less than seven weeks away from the presidential election.

After the two-day Fed…

U.S. Fed cuts key lending rate by half percentage point

The U.S. Federal Reserve on Wednesday lowered its benchmark interest rate by half of a percentage point, the first cut in more than four years, in a major policy shift less than seven weeks away from the presidential election.

After the two-day Fed…

Peak energy consumption up 30 pct during Chuseok holiday

The peak electricity demand jumped 30 percent on-year during the Chuseok holiday, data showed Thursday, in the latest evidence that autumn heat has gripped the nation.

The country’s average maximum power demand reached 70.3 gigawatts from Monday to …

Peak energy consumption up 30 pct during Chuseok holiday

The peak electricity demand jumped 30 percent on-year during the Chuseok holiday, data showed Thursday, in the latest evidence that autumn heat has gripped the nation.

The country’s average maximum power demand reached 70.3 gigawatts from Monday to …

Peak energy consumption up 30 pct during Chuseok holiday

The peak electricity demand jumped 30 percent on-year during the Chuseok holiday, data showed Thursday, in the latest evidence that autumn heat has gripped the nation.

The country’s average maximum power demand reached 70.3 gigawatts from Monday to …