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China Tech Buzz

Global News Impacting Chinese Tech

Bank of Korea, China inflation, Wall Street tech stocks, bitcoin

Source: cnbc.com cnbc.com
News Snapshot:

Top view of Seoul in the morning in autumn 2016. Stocks in the Asia-Pacific mostly rose on Tuesday as the Bank of Korea held interest rates at 3.5%, in line with expectations. South Korea's central bank held rates for the second consecutive time as the nation grapples with an inflation rate of 4.2%. South Korea's Kospi rose further after the move and traded 1.42% higher and the Kosdaq inched up 1.3%. Bitcoin surpassed $30,000 for the first time since June 2022 while ether neared $2,000. Australia's S&P/ASX 200 traded 1.26% higher to 7,309.9. In Japan, the Nikkei 225 rose 1.05%…

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