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Bank of Korea unexpectedly holds rate steady
Bank of Korea governor says resolving political turmoil key for economy
South Korea's central bank governor said on Thursday that the most important factor determining the health of Asia's fourth-largest economy in the next few months was whether recent political turmoil would stabilise.
Bank of Korea holds key rate unchanged
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen Thursday in the wake of the weak local currency and uncertainties stemming from the new Donald Trump administration.
Bank of Korea Surprises by Holding Rates Steady as Uncertainty Lingers
South Korea’s central bank kept its benchmark seven-day repurchase rate unchanged at 3.00% on Thursday, following a back-to-back rate cut in November.
Bank of Korea unexpectedly holds policy rate amid won slide
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year while supporting the won which weakened to a 15-year low versus the U.
Bank of Korea leaves rates unchanged at 3% in a surprise move
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, having delivered two back-to-back cuts in its previous meetings amid a slowing economy. Economists polled by Reuters had estimated a 25-basis-point cut.
Bank of Korea holds rate steady at 3%, citing exchange rate volatility
South Korea’s central bank kept the interest rate unchanged at 3.0%, pausing a series of rate cuts that began last October. This decision comes despite growing concerns about heightened political uncertainties caused by the martial law crisis and sluggish domestic demand.
Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political turmoil weighing on the currency to stabilise before it can make further rate cuts.
South Korea’s central bank freezes rates amid weakened economy and political turmoil
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance. This decision follows two consecutive rate cuts in October and November,
South Korea's President Arrest
South Korea President’s Arrest Shows Peril as Trump Returns
South Korean investigators managed to arrest impeached President Yoon Suk Yeol on Wednesday while avoiding a violent clash in the middle of Seoul. But the nation’s troubles are far from over.
South Korea's president arrest: what happens next?
SEOUL: Impeached leader Yoon Suk Yeol made history this week as the first sitting South Korean president to be arrested, ending a weeks-long standoff. But analysts say the country's political crisis is far from over.
Lawyers of Detained South Korean President Say He Will Reject Questioning by Investigators
Lawyers representing South Korea’s impeached president say he will refuse further questioning after being detained by anti-corruption officials over his ill-fated declaration of martial law last month,
6d
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
RTE Online
2d
How South Korea became a cultural powerhouse
Squid Game's second season is the latest instalment of Korean culture's economic success story – so what's the secret?
1d
South Korea Jobless Rate Highest Since Mid-2021
South Korea's unemployment rate rose to the highest level in three-and-a-half years in December as political turmoil added economic ...
13d
on MSN
South Korea sharply cuts growth forecast for 2025 after martial law fiasco
South Korea government lowered its economic growth forecasts for 2025 amid political turmoil following President Yoon Suk ...
6d
on MSN
Two Weeks In, South Korea's Latest Leader Choi Walks Political Tightrope
SEOUL (Reuters) - Two weeks after becoming South Korea's second acting president, Choi Sang-mok faces not only the task of ...
12d
South Korea country profile
South Korea has developed into one of Asia's most affluent countries since partition in 1948. The Communist North has slipped ...
12d
South Korea's Plans To Tackle Population Crisis in 2025
The government has little to show for the hundreds of billions of dollars spent on pro-natal policies over nearly two decades ...
Yen on MSN
5d
South Korea says Jeju Air jet black boxes stopped recording before crash
The black boxes holding the flight data and cockpit voice recorders for the crashed Jeju Air flight that left 179 people dead ...
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