Bank of Korea board members open to near-term rate cut, see headwinds from US policies -minutes
A voting board member, Shin Sung-hwan, who dissented in the Bank of Korea's decision to keep policy rates unchanged in ...
South Korea has a big household debt problem. The country's unique rental system may be to blame
A particular metric that often, if not always comes up in the Bank of Korea’s monetary policy decision is a consideration of ...
Bank of Korea holds interest rates steady amid domestic, U.S. policy uncertainties
A dissenting vote in the Bank of Korea's decision to keep policy rates steady in January has brought attention to the ...
Officials launch investigation into cause of Air Busan fire in South Korea
South Korean officials are launching an investigation into the cause of the fire that engulfed an Air Busan passenger plane, ...
S.Korea's economy barely grows in Q4 as political crisis jolts 2025 outlook
South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts ...
Political Crisis Hits South Korea Growth: Central Bank
South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout from ...
BOK warns of growing US stock market volatility, policy uncertainty
The Korean central bank said Friday that volatility has grown in the U.S. stock market led by IT shares, calling for close ...
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Bank of Korea sees positive shift in home loan attitudes, sparks buyer optimism
According to the Bank of Korea on the 3rd, the domestic bank's loan attitude index for household dwellings has shifted from -42 in the fourth quarter of last year to 6 in the first quarter of this ...
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Korea's foreign reserves hit five-year low as local currency weakens
Korea's foreign reserves fell from a month earlier to reach the lowest level in nearly five years amid the weak local ...
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Lunar New Year banknotes hit five-year low amid economic downturn in Korea
The amount of new currency issued ahead of this year's Lunar New Year holiday has recorded the lowest level in the past five ...
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Political crisis hits South Korea growth — central bank
Seoul, South Korea — South Korea’s economic growth slowed in the last quarter of 2024, data from the central bank showed Thursday, as the country struggled with the fallout from impeached Pres ...