Board members of South Korea's central bank said there was a need to lower interest rates and cited U.S. trade talks as a key ...

The daily FX turnover, including trading of derivatives, came to an average of $82.16 billion during the April-June period, ...

“Stablecoins are surging like a tsunami, but we are fighting over who will run a small boat in the face of a tsunami,” Min ...

South Korea's economy grew at the fastest pace in more than a year in the second quarter, surpassing market expectations, ...

The International Monetary Fund (IMF) on Tuesday revised down its growth forecast for South Korea's economy to 0.8 percent for 2025, citing lingering global uncertainty despite the potential easing of ...

South Korea’s economy returned to growth last quarter after a modest contraction in the previous period, signaling resilience ...

This was higher than the 0.5% expected by economists polled by Reuters, and a reversal from the 0.2% contraction seen in the ...

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.

By Reuters | Jan. 13, 2025, at 7:40 p.m. ... Reuters FILE PHOTO: The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji/File photo By Anant Chandak ...

South Korea's central bank held its policy rate at 2.5% Thursday, as it assesses the impact of recent measures aimed at cooling Seoul's housing market.

By Reuters | May 26, 2025, at 8:11 p.m. ... Reuters FILE PHOTO: The logo of the Bank of Korea is seen in Seoul, South Korea, November 30, 2017. REUTERS/Kim Hong-Ji/File photo By Rahul Trivedi ...