Major global investment banks (IBs) have raised their outlook for South Korea's 2025 economic growth, citing its recent tariff deal with the United States, a report showed Wednesday. As of end-July, ...

Korea's foreign reserves rose for the second consecutive month in July, led by increased investment returns and new issuance ...

Prices of farm produce are expected to rise rapidly due to unfavorable weather conditions, adding to uncertainties ...

The Bank of Korea (BOK) has created a new virtual asset division under its Financial Payment Systems Bureau. This division ...

SEOUL] South Korea’s economy returned to growth last quarter after a modest contraction in the previous period, signalling ...

South Korea could have reduced its reliance on debt more during the latest period of elevated interest rates, a Bank of Korea member said, warning that the failure to do so could limit the scope ...

The BOK has lowered its 2025 economic growth projection from 1.9% in November to a range of 1.6% to 1.7%, reinforcing the rate cut view.

South Korea's inflation rate in November rose to 1.5% year on year. It came in below the 1.7% expected by economists in a Reuters poll, but was still up from the 1.3% increase in the prior month.

South Korea’s bank loans to households fell for the first time in nine months, helping relieve concerns about financial imbalance for the nation’s central bank that is facing a tough call on ...

The equipment activist Lee Min-bok uses to send balloons laden with anti-Kim Jong Un leaflets across the border from South Korea unto the North has been gathering dust and cobwebs for months.

The deputy head of South Korea's financial regulator called on the central bank on Wednesday to consider including bonds issued by commercial banks in its repurchase agreement (repo) deals, local ...