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

The Bank of Korea cut its key interest rate by 0.25 percentage points to 2.75% on Feb. 25 at its monetary policy meeting. This follows two previous rate cuts in Oct. and Nov. 2024, each by 0.25 ...

SEOUL, March 13 (Yonhap) -- Recent deregulatory moves in the property market and easing of banks' lending rules could stoke household debts, making it necessary for authorities to consider additional ...

South Korea is launching a three-month CBDC test with 100,000 consumers who will use bank-issued digital tokens worth up to 1 ...

South Korea’s new measures to boost foreign currency inflows are tinker-at-the-margins tweaks that will breed short-term ...

Korea struggles to break the $40,000 income barrier When will Asias fourth-largest economy reach the next economic milestone ...

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 ...

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 ...

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.

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

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