Bank of England holds UK interest rates at record low

The Bank of England has kept interest rates at a record low of 0.5%, despite signs that the UK economy is improving.

Korea Lures Investors as Covered Bonds Dwindle: Mortgages

Global investors are looking past record household debt and falling property prices to pile into South Korean mortgage bonds as a lack of supply in the world’s biggest markets boosts the allure of the securities.