Key Rate Cut

2012-10-14

The Bank of Korea held its monthly rate setting meeting on Thursday and cut the nation’s key interest rate by a quarter percentage point to 2.75 percent. ...

Termination of Currency Swap with Japan

2012-10-14

South Korea and Japan have decided not to extend the expiring portion of their currency swap agreement. The two countries' finance ministries and ...

The Significance and Outlook on the Korea-US Agreement to Extend S. Korea’s Missile Range

2012-10-12

Guilty Verdict on Seoul City Education Chief & Repercussions

2012-10-08

Election Sentiment during Chuseok

2012-10-07

Signs of change in the presidential race have emerged following the Chuseok holiday. The three main presidential candidates are busy analyzing ...

Extension of Missile Range

2012-10-07

South Korea and the United States are believed to have nearly reached an agreement to extend the range of Korean ballistic missiles from 300 to 800 ...

Japan’s Pressure over Currency Swap

2012-10-07

Japan is known to have decided that it will not extend its currency swap deal with South Korea if Seoul does not ask for it. NHK reported Wednesday ...

Park Apologizes for Past Political Events

2012-09-30

Ruling Saenuri Party presidential candidate Park Geun-hye has apologized to the victims and families who suffered under the rule of her father, ...

Gov't Gives up Full Childcare Support

2012-09-30

Major changes are expected in government policies on childcare support as funding for the nation's program is nearly depleted. The Health and Welfare ...

Prison Term Sentenced to Seoul Education Chief

2012-09-30

The Supreme Court on Thursday finalized a one-year prison term for Seoul's education chief Kwak No-hyun for bribery charges. He is stripped of his ...