BOK Leaves Door Open to Future Rate Hike
Written: 2023-02-23 11:30:59 / Updated: 2023-02-23 11:59:04
After bringing an end to an 18-month rate-hike trend on Thursday, the Bank of Korea's(BOK) rate-setting monetary policy board left the door open ...
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BOK Lowers Real Growth Forecast to 1.6%, Inflation Projection to 3.5%
Written: 2023-02-23 10:41:23 / Updated: 2023-02-23 11:11:02
The Bank of Korea(BOK) revised down this year's real growth forecast by a tenth of a percentage point to one-point-six percent on Thursday. The ...
Gasoline Surpasses Diesel in Price for First Time in 8 Months
Written: 2023-02-23 09:45:08 / Updated: 2023-02-23 11:04:01
Gasoline prices surpassed diesel prices for the first time in eight months. According to oil price portal Opinet run by the Korea National Oil ...
Producer Prices Rise 0.4% in January
Written: 2023-02-23 08:27:34 / Updated: 2023-02-23 10:07:48
Producer prices saw a rebound in January after posting a decline for two straight months. The Bank of Korea on Thursday reported that the producer ...
KOSPI Ends Wednesday Down 1.68%
Written: 2023-02-22 15:44:32 / Updated: 2023-02-22 15:49:51
The benchmark Korea Composite Stock Price Index(KOSPI) fell 41-point-28 points, or one-point-68 percent, on Wednesday, to close the day at two-thousand-417-point-68. The ...
January's Economic Misery Index Hits Record High
Written: 2023-02-22 09:02:44 / Updated: 2023-02-22 10:44:49
The nation's economic misery index in January climbed to a record high for the first month of the year. Citing data from Statistics Korea ...
Business Sentiment Remains Flat in February
Written: 2023-02-22 08:15:25 / Updated: 2023-02-22 09:35:55
Business sentiment remained flat in February amid lingering economic uncertainties. According to the Bank of Korea on Wednesday, the business ...
KOSPI Ends Tuesday Up 0.16%
Written: 2023-02-21 15:41:31 / Updated: 2023-02-21 16:43:07
The benchmark Korea Composite Stock Price Index(KOSPI) rose three-point-84 points, or zero-point-16 percent, on Tuesday, to close the day at ...
BOK to Continue Monetary Tightening with Focus on Inflation
Written: 2023-02-21 15:12:47 / Updated: 2023-02-21 15:59:42
The Bank of Korea(BOK) explained that it attempted to suppress inflation by raising the interest rate to a “restrictive” level and its monetary ...
Banks to Lower Interest Rates amid Public Backlash
Written: 2023-02-21 14:19:09 / Updated: 2023-02-21 14:44:14
Banks are voluntarily lowering loan interest rates amid criticism that they are reaping excessive profits from high interest earnings. KB ...
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