South Korea's central bank said on Thursday that U.S. President Donald Trump's escalating trade war could drag on longer than ...

On the 25th, the Monetary Policy Committee of the Bank of Korea lowered the base interest rate by 0.25 percentage points to 2.75% per year. After consecutively lowering the rate in October and ...

Bank of Korea cuts rates to bolster growth, lowers GDP forecast The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's ...

SEOUL: The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday (Feb 25), steering Asia's fourth-largest economy from a restrictive monetary ...

Concerning economic growth, Citi highlighted that South Korea faces challenges both domestically and externally. The Bank of Korea (BoK) is expected to prioritize economic growth stability, and while ...

There is one sector that has offered hope to investors this year. One of South Korea’s largest cultural exports: K-pop.

South Korea's central bank cut rates by 25 basis points Tuesday to their lowest since August 2022, as it strives to stimulate a slowing economy. The Bank of Korea reduced rates to 2.75% from 3% ...

South Korea's import prices fell for the first time in five months in February due mainly to falling global oil prices, central bank data showed Friday. The import price index shed 0.8 percent from a ...

South Korea's consumer inflation softened in February for the first time in four months, government data showed on Thursday, ...

The Bank of Korea cut rates to 2.75% from 3%, hitting its lowest since August 2022. This was the third rate cut in four meetings, and in line with with expectations from economists polled by Reuters.