Bank of Korea Warns of Economic Hit on Property Slump, Credit Woes: The Bank of Korea warned Thursday that a further slump in the real estate sector would ...
bloomberg.com/news/articles/2024-03-28/bank-of-korea-warns-of-economic-hit-if-property-slump-lasts
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S.Korea consumer sentiment drops as food inflation emerges as top election issue: South Korea's consumer sentiment dropped sharply in March on growing worries ...
reuters.com/markets/asia/south-korea-consumer-sentiment-drops-worries-about-food-inflation-2024-03-26/
Quick Glance: South Korea: Consumer Sentiment Declines Due to Food Inflation
- South Korea's consumer sentiment dropped sharply in March due to rising concerns over food prices, becoming a significant political issue in the upcoming elections.
- The consumer sentiment index decreased to 100.7 in March from 101.9 in February, marking the largest monthly decline since October, according to the Bank of Korea's regular consumer survey.
- Higher prices of agricultural products have been linked in part to adverse weather conditions, with the opposition Democratic Party (DP) criticizing President Yoon Suk Yeol's administration for economic mismanagement.
- In response to the situation, the government has implemented measures such as subsidies and reduced tariffs on imported agricultural goods to curb inflation.
Bank of Korea cautious in final stage of inflation fight: South Korea's central bank said on Thursday it needed to be cautious about a policy shift amid ...
reuters.com/markets/rates-bonds/bank-korea-cautious-final-stage-inflation-fight-2024-03-14/
Quick Glance: Challenges for Bank of Korea in Inflation Battle
- The Bank of Korea emphasizes the need for a cautious approach to potential policy changes due to existing economic risks.
- A premature shift to looser monetary settings could undermine policy credibility and send wrong signals to financial markets.
- There is high uncertainty regarding home prices and household debt.
- The Bank of Korea made it clear that it was still too early to initiate a turnaround in monetary policy and maintained interest rates at a 15-year high in February.
Bank of Korea Member Sees No Rush to Cut Rate, Minutes Show: A Bank of Korea member sees no reason to rush into an interest-rate cut at a time when economic ...
bloomberg.com/news/articles/2024-03-12/bank-of-korea-member-sees-no-rush-to-cut-rate-minutes-show
BOK advised to enhance communication with market regarding monetary policy : A potential rate cut by the Bank of Korea (BOK) here is unlikely to stoke home ...
koreatimes.co.kr/www/biz/2024/03/488_371426.html
BOK, FSS to conduct joint climate stress test with financial institutions: The Bank of Korea (BOK) and the Financial Supervisory Service (FSS) will conduct a ...
koreatimes.co.kr/www/biz/2024/03/488_371519.html
BOK rate cut possible after June following dovish US Fed stance : Korean shares rallied by more than 2 percent Thursday amid growing hopes for U.S ...
koreatimes.co.kr/www/biz/2024/03/175_371139.html
Migrant workers, caregivers condemn BOK suggestion to exempt foreign nannies from minimum wage
koreatimes.co.kr/www/nation/2024/03/281_370534.html
Morning Bid: Stocks drift lower again, India CPI on deck: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-03-11/
Mobile payment markets in Korea grow 15% annually : Mobile payment markets in Korea grew by 15 percent last year compared to the previous year ...
koreatimes.co.kr/www/biz/2024/03/175_370836.html
Senior BOK official suggests extension of retirement age for new parents : A senior official of the Bank of Korea (BOK) floated the idea of extending the ...
koreatimes.co.kr/www/biz/2024/03/488_370113.html
Korean economy grows 1.4% in 2023, unchanged from earlier estimate: BOK: Korea's economy grew 1.4 percent last year, matching an earlier estimate ...
koreatimes.co.kr/www/biz/2024/03/488_369996.html
Korean adults' financial literacy higher than OECD average: survey : Korean adults' financial literacy is higher than the Organization for Economic ...
koreatimes.co.kr/www/nation/2024/03/281_370168.html
Trump victory likely to frustrate BOK rate cut prospects: report : The possible reelection of former U.S. President Donald Trump would leave the baseline rate ...
koreatimes.co.kr/www/biz/2024/02/175_369783.html
BOK 'climate finance' drive underpins need for sustainable growth : The Bank of Korea (BOK) is fortifying research and analysis of climate risks ...
koreatimes.co.kr/www/biz/2024/03/488_370013.html
Debt-pressured 30-, 40-somethings spend less amid sustained high interest rate : Kim Ji-woong, a salaried worker in his mid-40s, says his family is increasingly ...
koreatimes.co.kr/www/biz/2024/02/126_369505.html
US overtakes China in post-pandemic tourism spending in Korea : U.S. inbound travelers spent the most in Korea last year as they looked to experience local ...
koreatimes.co.kr/www/biz/2024/02/488_369140.html
Updated FX regulations aim to simplify trading for foreign investors : Foreign investors will be able to trade Korea-listed stocks and bonds without navigating ...
koreatimes.co.kr/www/biz/2024/02/175_369251.html
[CONTRIBUTION] Why rate cuts are to come later this year : In October of last year, the 10-year Treasury yield in the U.S. experienced a significant surge ...
koreatimes.co.kr/www/biz/2024/02/175_369258.html
More young people leave once-sought-after jobs at financial institutions : Young finance sector workers in their 20s and 30s are quitting their ...
koreatimes.co.kr/www/biz/2024/02/126_368938.html
South Korea holds growth projection while flagging inflation risk: SEOUL -- The Bank of Korea on Thursday maintained its growth projection at 2.1% for this year ...
asia.nikkei.com/Economy/South-Korea-holds-growth-projection-while-flagging-inflation-risk
Will BOK trim growth outlook again? : The Bank of Korea (BOK) is attracting attention for its 2024 economic growth forecast for Korea next week amid increasing ...
koreatimes.co.kr/www/biz/2024/02/126_368866.html
Foreigners buy Korean stocks for 3rd straight month in January on chip sector recovery hopes
koreatimes.co.kr/www/biz/2024/02/175_368688.html
Korean stocks to stay range-bound in post-holiday sessions : Korean stocks are expected to remain range-bound after the long Lunar New Year weekend that runs ...
koreatimes.co.kr/www/biz/2024/02/126_368393.html
Bank of Korea faces uncertainties amidst board shuffle, warns ex-director : South Korea's Central Bank, the Bank of Korea (BOK), is undergoing a shakeup in ...
wionews.com/business-economy/bank-of-korea-faces-uncertainties-amidst-board-shuffle-warns-ex-director-696699
Korea to unveil steps to ensure FX market adheres to global standards : Korea will introduce a series of measures this month to ensure that foreign exchange ...
koreatimes.co.kr/www/biz/2024/02/126_368362.html
2%-range inflation fails to spur consumers to open wallets: Consumer prices rose 2.8 percent in January, the government announced on Monday ...
koreatimes.co.kr/www/biz/2024/02/488_368265.html
BOK likely to keep rate unchanged to avoid 'last mile' risk : The Federal Reserve left interest rates unchanged on Wednesday but took a major step ...
koreatimes.co.kr/www/biz/2024/02/488_368073.html
Foreign reserves fall in January on strong dollar : Korea's foreign reserves declined in January due to the decreased conversion value of non-dollar assets ...
koreatimes.co.kr/www/biz/2024/02/488_368220.html
High prices, delayed US easing warrant rate freeze: BOK chief: Sticky inflation and a delayed dovish pivot by the U.S. Federal Reserve have made it hard for the ...
koreatimes.co.kr/www/biz/2024/02/488_369321.html
Bank of Korea Holds Policy Rate Steady as Expected: South Korea’s central bank kept its policy rate unchanged for an eighth consecutive time, as widely forecast ...
wsj.com/articles/bank-of-korea-holds-policy-rate-steady-as-expected-db6dd094
Bank of Korea Holds Interest Rate, Stays Vigilant on Inflation After Trade Data: The Bank of Korea held its benchmark interest rate steady in a sign of continued ...
bloomberg.com/news/articles/2024-02-22/bank-of-korea-holds-rate-steady-stays-vigilant-on-inflation
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Tourism deficit rises as outbound tourists outnumber visitors: Tourism in the country has hit a new low with local outbound travelers heading overseas ...
koreatimes.co.kr/www/culture/2024/01/141_366685.html
[ANALYSIS] Bitcoin ETF controversy to continue: The financial authorities’ ban on the local trading and brokerages of spot bitcoin exchange-traded funds (ETFs) ...
koreatimes.co.kr/www/biz/2024/01/175_367567.html
Producer prices rise 0.1% in December on higher agriculture goods, gas costs : Korea's producer prices moved up 0.1 percent on-month in December due to the ...
koreatimes.co.kr/www/biz/2024/01/488_367420.html
Surprising Lingard transfer: Why the former child prodigy moved to Korea: Jesse Lingard caused a stir with his unexpected move to South Korean club FC Seoul ...
transfermarkt.de/uberraschender-lingard-transfer-warum-es-das-ehemalige-wunderkind-nach-korea-zog/view/news/433660
South Korea GDP maintains 0.6% growth pace: SEOUL -- South Korea's economy maintained its growth clip in the final quarter of last year ...
asia.nikkei.com/Economy/South-Korea-GDP-maintains-0.6-growth-pace
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High prices, project financing woes to hamper Korea's growth in 2024: experts
koreatimes.co.kr/www/biz/2024/01/488_367625.html
The Bank of Korea is poised to stand pat on policy and push back against any expectations it might join the Federal Reserve in signaling a potential pivot Show more
BOK’s Rhee Seeks to Keep Focus on Prices While Aiding Stability: Bank of Korea Governor Rhee Chang-yong said he will stay focused on bringing inflation under ...
bloomberg.com/news/articles/2024-01-01/bok-s-rhee-seeks-to-keep-focus-on-prices-while-aiding-stability
Bank of Korea's Rhee eyes warning signs of prolonged monetary tightening: Bank of Korea Governor Rhee Chang-yong said on Monday recent market concerns over a ...
reuters.com/markets/rates-bonds/bank-koreas-rhee-eyes-warning-signs-prolonged-monetary-tightening-2024-01-01/
Quick Glance: US Helicopters Repel Houthi Attack, Sink 3 Ships, Kill 10
- US helicopters repelled a Houthi attack on a Maersk container vessel in the Red Sea, sinking three ships and killing 10 militants.
- The naval battle occurred as the attackers sought to board the Maersk Hangzhou.
- Maersk is pausing all sailing through the Red Sea for 48 hours after the attack.
- The Houthis have been targeting vessels in the Red Sea to show their support for Hamas and force major shipping companies to take the longer and costlier route around the Cape of Good Hope.
BOK's monetary policy board to undergo major reshuffle in April : The Bank of Korea's (BOK) monetary policy board is expected to undergo a major reshuffle ...
koreatimes.co.kr/www/biz/2024/01/488_366473.html
Bank of Korea, NPS Extend $35 Billion FX Swap Deal for a Year: South Korean FX authorities and the National Pension Service are extending a currency swap deal of ...
bloomberg.com/news/articles/2023-12-15/bank-of-korea-nps-extend-35-billion-fx-swap-deal-for-a-year
Bank of Korea Watchers Push Back Rate Cut Forecasts to Summer: Bank of Korea watchers now see the central bank lowering interest rates in the summer ...
bloomberg.com/news/articles/2023-12-12/bank-of-korea-watchers-push-back-rate-cut-forecasts-to-summer
South Koreans’ Assets Shrink After Soaring Rates Hit Real Estate: Assets held by South Korean households shrank for the first time in data going back a decade ...
bloomberg.com/news/articles/2023-12-07/south-koreans-assets-shrink-after-soaring-rates-hit-real-estate
Korea's current account surplus hits 2-yr high in Oct. on recovering exports: Korea logged a current account surplus for the sixth straight month in October ...
koreatimes.co.kr/www/biz/2023/12/602_364696.html
Korean battery stocks gain ground over highly-anticipated US rate cuts: Korean secondary battery stocks are gaining ground as investors anticipate a bullish ...
koreatimes.co.kr/www/biz/2023/12/126_365251.html
S. Korea's economy grows 0.6 pct in Q3, unchanged from earlier estimate | Yonhap News Agency
en.yna.co.kr/view/AEN20231205001100320
Korea, Japan clinch $10 bil. currency swap deal : Korea and Japan clinched a $10 billion currency swap deal Friday, eight years after the former deal ended ...
koreatimes.co.kr/www/biz/2023/12/175_364289.html
Bank of Korea study warns AI could replace 4 million jobs: Nation's higher-income, academically skilled workers face a greater threat as it adeptly manages ...
freemalaysiatoday.com/category/business/2023/11/16/bank-of-korea-study-warns-ai-could-replace-4-million-jobs/
Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report: Stablecoins' widespread usage and frequent instability could reduce the ...
coindesk.com/policy/2023/12/15/bank-of-korea-governor-sees-cbdc-introduction-as-case-for-urgency-report/
Central Bank says AI threatens South Korean jobs: High-income workers with high academic backgrounds face bigger exposure to AI and have a greater risk of being ...
punchng.com/central-bank-says-ai-threatens-south-korean-jobs/
Italy and South Korea central banks agree on CBDC cooperation: The memorandum of understanding declared that Banca d’Italia and the Bank of Korea would partake ...
cointelegraph.com/news/italy-south-korea-central-banks-cbdc-cooperation
South Korea's economic growth beats estimates, backing rate pause: South Korea's economy fared better than expected in the third quarter with the expansion ...
reuters.com/markets/asia/south-koreas-economic-growth-beats-estimates-backing-rate-pause-2023-10-25/
Bank of Korea Keeps Rate Unchanged But Raises Inflation Forecasts: South Korea’s central bank held its policy rate steady, as expected, but raised its inflation ...
wsj.com/articles/bank-of-korea-keeps-rate-unchanged-but-raises-inflation-forecasts-7898351f
Who Is Riven’s Voice Actor In Destiny 2?: The voice of Riven.
pcinvasion.com/who-is-rivens-voice-actor-in-destiny-2/
South Korea GDP Growth Holds Steady in Sign of Economy's Resilience: South Korea’s economic growth held steady on the back of recovering exports ...
bloomberg.com/news/articles/2023-10-25/south-korea-economic-growth-holds-steady-in-sign-of-resilience
BOK’s Rhee Flags Risk of Market Storm on Israel-Hamas Conflict: Bank of Korea Governor Rhee Chang-yong warned of the risk of market jitters stemming from the ...
bloomberg.com/news/articles/2023-10-19/bok-holds-rates-as-it-balances-inflation-fight-against-growth
Morning Bid: Data deluge could douse fiery start to week: A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
reuters.com/markets/asia/global-markets-view-asia-graphics-pix-2023-11-06/
BOK likely to freeze key rate again amid colliding risks : According to data from the Bank of Korea (BOK), the stocks and bonds market saw a net outflow of ...
koreatimes.co.kr/www/biz/2023/10/126_361090.html
Bank of Korea Is Expected to Keep Interest Rate Unchanged at 3.5%: The Bank of Korea is poised to hold its benchmark interest rate steady as it seeks to quell a ...
bloomberg.com/news/articles/2023-10-17/bank-of-korea-to-hold-as-debt-conflict-weigh-decision-guide
South Korean central-bank governor sees risk of rates staying higher for longer: South Korea's central bank governor said there was a high possibility interest ...
reuters.com/markets/asia/skorean-cbank-governor-sees-risk-rates-staying-higher-longer-2023-10-05/
Bank of Korea Warns of Potential Oil Impact from Conflict: Bank of Korea Governor Rhee Chang-yong said any potential widening of the Mideast conflict that spurs ...
bloomberg.com/news/articles/2023-10-12/bank-of-korea-rhee-points-to-soft-landing-in-property-market
Bank of Korea Likely to Keep Policy Tight Another Year, Ex-Member Says: The Bank of Korea will probably keep interest rates elevated for another year to ensure ...
bloomberg.com/news/articles/2023-11-06/bank-of-korea-likely-to-keep-policy-tight-another-year-ex-member-says
IMF lowers Korea's economic growth forecast for 2024 to 2.2% : The International Monetary Fund (IMF) lowered its 2024 economic growth forecast for Korea to 2 ...
koreatimes.co.kr/www/biz/2023/10/488_360846.html
Quick Glance: Germany faces deeper recession, warns IMF
- Germany is expected to be the only G7 nation without growth in 2023.
- The IMF has lowered its forecast for Germany's economic contraction to 0.3% from July.
- The IMF cites weaknesses in interest-rate-sensitive sectors and slower trading partner demand as reasons for Germany's struggles.
- The IMF predicts a recovery for Germany in 2024 with a growth rate of 0.9%, lower than previously anticipated 1.3%.
Dwindling forex reserves raises concerns amid prospect of prolonged high US interest rate
koreatimes.co.kr/www/biz/2023/10/488_360609.html
Corporate sales growth slows in 2022 amid higher costs | Yonhap News Agency: SEOUL, Oct. 25 (Yonhap) -- South Korean companies' sales growth slowed and ...
en.yna.co.kr/view/AEN20231025002700320
Bank of Korea takes first step to adopt centralized digital currency : The Bank of Korea (BOK) announced its first move toward adopting a central bank digital ...
koreatimes.co.kr/www/biz/2023/10/816_360426.html
Korean economy set for mild recovery, but bumpy road still ahead: BOK | Yonhap News Agency
en.yna.co.kr/view/AEN20231023002400320
Bank of Korea Governor Welcomes Bottoming Out of Chip Prices: Bank of Korea Governor Rhee Chang-yong highlighted the improving outlook for semiconductors ...
bloomberg.com/news/articles/2023-10-11/bank-of-korea-governor-welcomes-bottoming-out-of-chip-prices
S. Korea logs current account surplus for 4th month in August | Yonhap News Agency
en.yna.co.kr/view/AEN20231011000900320
S.Korea FX reserves fall for second month in Sept on market intervention: South Korea's foreign exchange reserves fell for a second month in September and by the ...
reuters.com/markets/currencies/skorea-fx-reserves-fall-second-month-sept-market-intervention-2023-10-05/
South Korea Inflation Speeds Up, Backing Case for Tight Central Bank Policy: South Korea’s inflation outstripped forecasts on higher energy and food costs in ...
bloomberg.com/news/articles/2023-10-04/south-korea-s-inflation-speeds-up-backing-case-for-tight-policy
BOK warns of worsening household debt situation : Korea's housing market capitalization reached 6,209 trillion won ($4.5 trillion) last year ...
koreatimes.co.kr/www/biz/2023/09/488_360103.html
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