News
(URGENT) BOK chief says needs to raise key rate at appropriate time
45+ min ago (0+ words) ...
(2nd LD) BOK holds key rate steady agian amid Mideast uncertainty; raises 2026 forecast to 2. 6 pct
58+ min ago (613+ words) SEOUL, May 28 (Yonhap) -- South Korea's central bank kept its benchmark rate unchanged Thursday, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation and currency weakness. In a widely anticipated decision, the Monetary Policy…...
(URGENT) BOK to decide timing of rate hikes while assessing inflationary pressure
1+ hour, 27+ min ago (0+ words) ...
Construction firms roll out support measures for subcontractors with FTC
1+ hour, 38+ min ago (207+ words) SEOUL, May 28 (Yonhap) -- South Korea's leading construction firms unveiled a set of measures to seek shared growth with subcontractors Thursday, in line with the antitrust watchdog's efforts to eradicate unfair practices. Ju Biung-ghi, chairman of the Fair Trade Commission (FTC),…...
Full text of BOK statement on monetary policy decision in May
1+ hour, 29+ min ago (746+ words) SEOUL, May 28 (Yonhap) -- The following is the full text of a statement by the Bank of Kor. .. SEOUL, May 28 (Yonhap) -- The following is the full text of a statement by the Bank of Korea (BOK) on its monetary policy decision…...
(URGENT) 2 out of 7 board members support rate hike: BOK
1+ hour, 26+ min ago (0+ words) ...
(LEAD) BOK lifts S. Korea's growth forecast to 2. 6 pct for this year amid robust chip-driven exports
1+ hour, 57+ min ago (224+ words) SEOUL, May 28 (Yonhap) -- The central bank on Thursday raised its economic growth forecast for South Korea to 2. 6 percent for 2025 amid solid exports driven by a semiconductor supercycle. The revision by the Bank of Korea (BOK) represents a 0. 6 percentage-point increase from…...
(LEAD) BOK holds key rate steady for 8th straight meeting amid Middle East uncertainty
1+ hour, 59+ min ago (306+ words) SEOUL, May 28 (Yonhap) -- South Korea's central bank kept its benchmark rate unchanged Thursday, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation and currency weakness. In a widely anticipated decision, the Monetary Policy…...
BOK lifts S. Korea's growth forecast to 2. 6 pct for this year amid robust chip-driven exports
2+ hour, 13+ min ago (105+ words) SEOUL, May 28 (Yonhap) -- The central bank on Thursday raised its economic growth forecast for South Korea to 2. 6 percent for 2025 amid solid exports driven by a semiconductor supercycle. The revision by the Bank of Korea (BOK) represents a 0. 6 percentage-point increase from…...
(URGENT) BOK estimates S. Korea's 2027 growth outlook at 2. 1 pct
2+ hour, 10+ min ago (0+ words) ...