Yoo Jeong-bok

South Korea’s headline inflation hit a seven-month low in November as rises in agricultural and petroleum product prices slowed, adding to exp...

The South Korean won currency hit a near 5-month high on Thursday as US Federal Reserve Chairman Jerome Powell suggested a slowdown in its tightenin...

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 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...

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 ...

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...

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 ...

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...

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 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...

South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...

South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...

South Korea’s inflation accelerated further in May to the fastest pace since the 2008-09 global financial crisis on surging energy and food pr...

South Korea’s central bank delivered a back-to-back interest rate hike for the first time in 15 years on Thursday to curb rampant consumer pri...

South Korea’s central bank chief said he will consider big-step interest rate hikes in the coming months to curb inflation in Asia’s fou...

South Korea’s new President Yoon Suk-yeol called an emergency meeting as the won currency tumbled to its weakest level since the 2008-09 globa...

South Korea’s lawmakers gave the nod to the nomination of veteran International Monetary Fund official Rhee Chang-yong as the country’s ...

South Korea’s central bank on Thursday raised its policy interest rate in a surprise move as accelerating inflation is feared to bite into gro...