Bank of Korea Surprises by Holding Rates Steady

Bank of Korea governor says resolving political turmoil key for economy
South Korea's central bank governor said on Thursday that the most important factor determining the health of Asia's fourth-largest economy in the next few months was whether recent political turmoil would stabilise.
Bank of Korea Surprises by Holding Rates Steady as Uncertainty Lingers
South Korea’s central bank kept its benchmark seven-day repurchase rate unchanged at 3.00% on Thursday, following a back-to-back rate cut in November.
Bank of Korea leaves rates unchanged at 3% in a surprise move
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, having delivered two back-to-back cuts in its previous meetings amid a slowing economy. Economists polled by Reuters had estimated a 25-basis-point cut.
Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political turmoil weighing on the currency to stabilise before it can make further rate cuts.
South Korea’s central bank freezes rates amid weakened economy and political turmoil
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance. This decision follows two consecutive rate cuts in October and November,
South Korea jobless rate hits 3-1/2-yr high amid political uncertainty
South Korea's jobless rate jumped to the highest in 3-1/2 years in December, as political turmoil stoked economic uncertainty ...
South Korea Jobless Rate Jumps to 3-1/2-Year High in December
SEOUL (Reuters) - South Korea's jobless rate jumped to the highest in 3-1/2 years in December, as economic uncertainty ...
RTE Online2d
How South Korea became a cultural powerhouse
Squid Game's second season is the latest instalment of Korean culture's economic success story – so what's the secret?
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
South Korea Jobless Rate Highest Since Mid-2021
South Korea's unemployment rate rose to the highest level in three-and-a-half years in December as political turmoil added economic ...
South Korea Cuts Economic Growth Forecast, Impeached President Defies Arrest As Political Turmoil Continues
More than 100 South Korean police officers failed to arrest impeached President Yoon Suk Yeol after a near-six-hour standoff ...
New York Sun3d
Standoff in South Korea Raises the Specter of Bloody Clashes No Doubt Welcomed by Kim Jong-un in North Korea
The danger of violence begins with the security service defending the president — and extends to firebrands confronting one ...
South Korea country profile
South Korea has developed into one of Asia's most affluent countries since partition in 1948. The Communist North has slipped ...
South Korea's Plans To Tackle Population Crisis in 2025
The government has little to show for the hundreds of billions of dollars spent on pro-natal policies over nearly two decades ...
ジャパンタイムズ4h
South Korea president’s arrest shows peril as Trump returns
South Korean investigators managed to arrest impeached President Yoon Suk Yeol on Wednesday while avoiding a violent clash in ...
Yen on MSN5d
South Korea says Jeju Air jet black boxes stopped recording before crash
The black boxes holding the flight data and cockpit voice recorders for the crashed Jeju Air flight that left 179 people dead ...