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 ...

According to a local media outlet, News1, the new virtual asset unit is a part of the central bank’s Financial Payment ...

South Korea’s central bank will reportedly launch a Virtual Asset Committee to monitor the crypto market and work with the ...

Daily foreign exchange (FX) trading by banks in South Korea reached an all-time high in the second quarter on increasing ...

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

“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 returned to growth last quarter after a modest contraction in the previous period, signaling resilience ...

The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.

South Korea's central bank on Friday cut its benchmark interest rates by 25 basis points to 3.25% after holding rates for nearly two years. It was the BOK's first rate cut since 2020, when 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 ...

The Bank of Korea is expected this week to conduct a long-awaited policy pivot, joining global peers in embarking on an easing cycle after the housing market showed signs of cooling and inflation ...