South Korea economy barely grew in Q4; BOK to cut rates in February: Reuters poll
The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a Reuters poll of economists who expect the Bank of Korea to cut interest rates next ...
The Korea Herald10d
Why KB Bank is determined to seek turnaround in Indonesia
In contrast, its competitors all recorded profits during the same period: Shinhan Bank earned 434.3 billion ... the Financial Supervisory Service, South Korea’s top financial regulator, with ...
Stock market today: S&P 500 drifts higher toward a record
U.S. stocks are drifting around a record amid a relatively quiet day on Wall Street. The S&P 500 rose 0.2% Thursday and was on track to squeak past its all-time ...
조선일보27d
Savings banks lower deposit rates to 3% amid economic uncertainty in South Korea
Oh Hwa-gyeong, chair of the Korea Savings Bank Association, also noted in the New Year's address that the savings bank industry will put all efforts into managing real estate PF and household ...
Reuters15d
Bank of Korea governor says resolving political turmoil key for economy
SEOUL, Jan 16 (Reuters) - South Korea's central bank governor ... the political process proceeds stably, as we all want, in the next few months," Bank of Korea Governor Rhee Chang-yong told ...
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely' to miss forecasts
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, having delivered two ...
Investing15d
Bank of Korea governor says resolving political turmoil key for economy
SEOUL (Reuters) - South Korea's central bank governor said on Thursday that ... is whether the political process proceeds stably, as we all want, in the next few months," Bank of Korea Governor ...
NBC New York15d
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely' to miss forecasts
South Korea's central bank Thursday held its benchmark policy ... "I mean, on the one hand, even before all of this political uncertainty, the economy wasn't necessarily doing very well.
Channel NewsAsia Singapore28d
South Korea to spur foreign inflows, consumer demand amid political crisis
SEOUL :South Korea released policy plans on Thursday to ... "This means that RFIs are now able to conduct virtually all areas of foreign exchange trading to meet actual demand," finance ministry ...
Bloomberg L.P.18d
Understanding the Forever Conflict Between North and South Korea
South Korea’s central bank estimates that the North’s annual ... South Korea has mandatory military service for young men, meaning that almost all serve for a time in the armed forces to ...