News
Seoul Gas, Diesel Prices Both Top 2, 000 Won Monday
2+ hour, 33+ min ago (115+ words) [Economy]: Gasoline and diesel prices continued their rise on Monday morning. According to the Korea National Oil Corporation's price information system, Opinet, as of 9 a. m. , the national average price of a liter of gasoline stood at one-thousand-993-point-79 won, or roughly…...
BOK Holds Key Rate at 2. 5% Amid Middle East Uncertainty
2+ day, 20+ hour ago (137+ words) [Economy]: Anchor: The Bank of Korea on Friday held its benchmark interest rate steady at two-point-five percent, maintaining this rate for the past eleven months. This decision comes amid ongoing uncertainty in the Middle East, leading policymakers to adopt a…...
ADB Raises South Korea's 2026 Growth Outlook to 1. 9%
2+ day, 20+ hour ago (108+ words) [Economy]: The Asian Development Bank (ADB) has increased its forecast for South Korea's economic growth to one-point-nine percent for this year, citing strong demand for semiconductors and a rise in private consumption. " The finance ministry in Seoul announced the ADB's…...
BOK Chief Signals Possible Policy Action if Inflation Pressures Rise
2+ day, 21+ hour ago (109+ words) [Economy]: Bank of Korea Governor Rhee Chang-yong said policy action may be necessary if supply shocks from the ongoing conflict in the Middle East persist, as they could fuel inflationary pressures and destabilize inflation expectations. Rhee made the remark during…...
BOK Holds Rate at 2. 5% amid Currency, Inflation, Growth Instability
3+ day, 1+ hour ago (116+ words) [Economy]: The Bank of Korea (BOK) held its benchmark interest rate steady at two-point-five percent in the wake of heightened instability in the exchange rates, consumer prices and growth stemming from the war in Iran. The BOK's Monetary Policy Board…...
Seoul Gas, Diesel Prices Continue to Top 2, 000 won Friday
3+ day, 2+ hour ago (118+ words) [Economy]: Gasoline and diesel prices both jumped on Friday morning. According to the Korea National Oil Corporation's price information system, Opinet, as of 9 a. m. , the national average price of a liter of gasoline stood at one-thousand-987-point-53 won, or roughly one…...
National Tax Revenue Hits 10 Trillion Won in Jan-Feb Period
3+ day, 20+ hour ago (119+ words) [Economy]: South Korea's tax revenue as of the end of February reached 71 trillion won, or around 47-point-nine billion U. S. dollars, marking an increase of 10 trillion won compared to a year ago, according to the Ministry of Planning and Budget. The figure…...
KOSPI Opens Down 0. 78% Thursday
4+ day, 2+ hour ago (108+ words) [Economy]: The benchmark Korea Composite Stock Price Index(KOSPI) opened at five-thousand-826-point-45 on Thursday, down 45-point-89 points, or zero-point-78 percent, from the previous trading day." The tech-heavy KOSDAQ fell six-point-45 points, or zero-point-59 percent, to open at. .. [more. ..] KOSPI…...
S. Korean Shares, Local Currency Surge after Ceasefire Agreement
4+ day, 20+ hour ago (117+ words) [Economy]: South Korean shares and the local currency surged on Wednesday after the U. S. and Iran agreed to a two-week ceasefire." " The benchmark Korea Composite Stock Price Index(KOSPI) jumped almost seven percent, while the tech-heavy KOSDAQ rose more than five…...
Program Buy Orders Halted on KOSPI, KOSDAQ after Sharp Increases following Iran War Ceasefire Announcement
5+ day, 1+ hour ago (119+ words) [Economy]: Program buy orders were halted on the'benchmark Korea Composite Stock Price Index(KOSPI) and the tech-heavy KOSDAQ on Wednesday when futures on both indices sharply increased after the U. S. and Iran agreed to a two-week ceasefire. The Korea Exchange said…...