BOK Freezes Key Rate at 3.5%
Written: 2023-05-25 10:00:15 / Updated: 2023-05-25 10:02:51
The South Korean central bank has kept its benchmark interest rate at three-point-five percent for the third consecutive time. The Bank of Korea(BOK) ...
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Producer Prices Post First Drop in 4 Months in April
Written: 2023-05-25 08:41:32 / Updated: 2023-05-25 10:30:38
Producer prices dropped for the first time in four months in April as prices of agricultural products and utilities fell. The Bank of Korea reported ...
KOSPI Ends Wednesday Flat
Written: 2023-05-24 15:47:37 / Updated: 2023-05-24 16:52:02
The benchmark Korea Composite Stock Price Index(KOSPI) edged down zero-point-10 points, or zero-point-00 percent, on Wednesday, to close the ...
Naver Largely Blocked in China in Possible Response to G7 Statement
Written: 2023-05-24 12:08:47 / Updated: 2023-05-24 14:51:01
Anchor: Access to South Korea's leading web portal, Naver, has largely been blocked in various parts of China including capital Beijing as of ...
Business Sentiment Sees Slight Improvement in May
Written: 2023-05-24 08:24:46 / Updated: 2023-05-24 11:27:36
Business sentiment improved slightly in May on hopes of a recovery in corporate earnings in the semiconductor industry and other key sectors. According ...
KOSPI Ends Tuesday Up 0.41%
Written: 2023-05-23 15:49:48 / Updated: 2023-05-23 16:44:50
The benchmark Korea Composite Stock Price Index(KOSPI) rose ten-point-47 points, or zero-point-41 percent, on Tuesday, to close the day at two-thousand-567-point-55. The ...
Gov't, Private Sector to Invest 14 Tln Won in Auto Parts
Written: 2023-05-23 14:43:02 / Updated: 2023-05-23 15:28:18
The government and private sector will invest over 14-point-three trillion won, or nearly eleven billion U.S. dollars, in the auto parts sector. In ...
Inflation Expectations Fall to 1-Year Low at 3.5% in May
Written: 2023-05-23 09:21:38 / Updated: 2023-05-23 10:44:08
Inflation expectations fell for the third consecutive month in May. According to the Bank of Korea(BOK) on Tuesday, expected inflation, which ...
BOK Chief: Inflation Likely to Remain in 3% Range until End of Year
Written: 2023-05-22 17:53:33 / Updated: 2023-05-22 17:54:02
Bank of Korea(BOK) Governor Rhee Chang-yong said on Monday that inflation is likely to remain in the three-percent range until the end of this year. He ...
Bill Aimed at Helping ‘Jeonse’ Fraud Victims Passes Subcommittee
Written: 2023-05-22 16:21:38 / Updated: 2023-05-22 16:44:28
A special bill aimed at assisting victims of "jeonse" lump-sum deposit rental fraud passed a subcommittee under the parliamentary land committee. Under ...
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