BOK Rhee Chang-yong

South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...

South Korea’s five major cryptocurrency exchanges said on Nov. 24 they will delist WEMIX, Kosdaq-listed game developer WeMade Co.’s cryp...

South Korea’s central bank raised the base interest rate by 25 basis points to 3.25% during its monetary policy board meeting on Nov. 24, slow...

South Korea’s central bank is likely to raise interest rates by only 25 basis points this week as its won currency may have bottomed out, easi...

SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...

Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...

South Korean economic growth is expected to decline further next year to the slowest level since the COVID-19 breakout while inflation is likely t...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

South Korea’s exports fell for the first time in two years in October, posting a trade deficit for seven months in a row – the clearest ...

South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...

As energy transition is a new sector in infrastructure compared with other asset types, institutional investors are seeking asset managers highly ex...

The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...

When Penn State University sociology professor Sam Richards introduced Korean pop culture into his lectures three years ago, he compared its power t...

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

South Korea’s headline inflation slowed in September for a second straight month on lower oil prices, but the central bank is still predicted ...

Eco-friendly cars such as electric vehicles and hybrids have increased their share in South Korea's used car market, together accounting for 36% of ...

South Korea is set to take measures to stabilize local stock and bond markets hit by global interest rate hikes amid growing risks of a worldwide ec...

South Korea’s central bank on Thursday signaled another 50-basis-point policy interest rate hike as the won currency weakened past the psychol...

The Frieze Art Fair’s first Asia exhibition in Seoul attracted big crowds of VIP collectors and general art lovers from across South Korea thi...

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

JACKSON HOLE, Wyo. -- The Bank of Korea plans to raise interest rates until inflation falls to its target level but won't keep pace with the US Fede...

South Korea’s central bank on Thursday delivered its fourth interest rate hike in a row for the first time in its history as the monetary auth...

South Korea’s Halla Group is changing its corporate name to HL Group as the construction-to-auto parts conglomerate celebrates the 60th annive...

Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...

South Korea’s inflation accelerated further last month to its highest point since the 1997-98 Asian financial crisis, adding to expectations t...

South Korea’s central bank on Wednesday took the most aggressive measure with a 50-basis-point policy interest rate hike for the first time in...

South Korea’s central bank is expected to raise interest rates by 50 basis points (bps) on Wednesday for the first time in history to cool dow...

South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...

Krafton Inc. founder and chairman Chang Byung-gyu is a rare example of a serial entrepreneur in South Korea – a country dominated by family-ow...

Woori Card Co. is set to start the installment finance business in Indonesia, Southeast Asia’s largest economy as the credit card unit of Sout...