Almost all bond traders expected the Bank of Korea (BOK) to freeze its key rate this week for the 12th straight session, a survey showed Tuesday. According to the survey of 100 bond traders, conducted by the Korea Financial Investment Association last week, 99 percent of the respondents predicted that the BOK would hold the key rate steady, mainly due to rising volatility in foreign exchange markets. The BOK is set to hold its rate-setting meeting on Thursday. Source: Yonhap News Agency
Myanmar Suspends Flights at Mandalay Airport Following Drone Strike
Mandalay: Myanmars second-busiest airport was closed for two days on Friday, security sources said, after the military-backed government accused pro-democracy rebels of attacking it with drones.
According to TRTworld.com, Mandalay