2+ hour, 41+ min ago  (259+ words) Steel products wait to be exported at a port in Pyeongtaek, Gyeonggi Province, June 1. Newsis Korea's business sentiment remains pessimistic for January amid a lingering slump in the construction and steel industries, a poll showed Monday. The business survey index…...

1+ day, 3+ hour ago  (285+ words) The won-dollar exchange rate is displayed on a screen inside the dealing room in Hana Bank in central Seoul, Friday. Yonhap Experts on Sunday viewed the 1,420 level as an annual average for the won against the U.S. dollar, as financial authorities…...

4+ day, 22+ hour ago  (557+ words) That statement bears on the Dec. 9-10 meetings of the Federal Open Market Committee of the Federal Reserve Board. At the session, the federal funds interest rate were cut by 25 basis points, or 0.25 percent, to a target range of 3.50 percent to…...

5+ day, 42+ min ago  (201+ words) Customers shop at a discount chain store in Seoul, Sunday. Yonhap Korea's consumer sentiment fell by the most in about a year in December due to rising inflationary pressure and the weakening local currency, the central bank said Wednesday. The…...

1+ week, 3+ day ago  (564+ words) A man walks past a screen displaying Japan's 10-year government bonds level after the Bank of Japan announced to raise interest rates outside a brokerage in Tokyo, Japan, Dec. 19. Reuters-Yonhap TOKYO " The Bank of Japan hiked interest rates to a…...

1+ week, 6+ day ago  (175+ words) A notice of mortgage loan rates at a local bank in Seoul, Dec. 7 / Yonhap The average lending rate of major banks in Korea increased for the third consecutive month in November, data showed Monday. COFIX, or the Cost of Funds…...

1+ week, 6+ day ago  (214+ words) Bank of Korea Gov. Rhee Chang-yong bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul, Nov. 27. Joint Press Corps The Bank of Korea (BOK) said Monday that its three-month policy rate outlook has…...

2+ week, 3+ day ago  (471+ words) Mexican President Claudia Sheinbaum speaks during a press conference at the National Palace in Mexico City, Mexico, Wednesday (local time). EPA-Yonhap Concerns are mounting over the operations of Korean companies in Mexico after the Latin American nation on Wednesday (local…...

2+ week, 4+ day ago  (253+ words) Traders work on the floor of the New York Stock Exchange during morning trading, Wednesday, in New York City. Stocks opened up mixed as the Federal Reserve prepares to make an announcement of a possible interest rate cut. AFP-Yonhap WASHINGTON…...

2+ week, 5+ day ago  (308+ words) Myeongdong Street in central Seoul, a popular shopping district, is bustling with people, Nov. 25. Yonhap The Asian Development Bank (ADB) has revised up its growth outlook for Korea this year to 0.9 percent following the country's stimulus packages to boost consumption…...