SEOUL, South Korea ... bank slashed its 2025 growth outlook to 0.8%, nearly halving its previous projection of 1.5% announced in February. Share prices jumped, with the Kospi gaining 1.7%.

South Korea’s Democratic Party leader Lee Jae-myung proposed creating a stablecoin tied to the Korean won to prevent capital outflows and strengthen national financial sovereignty. Currently ...

Stream San Diego News for free, 24/7, wherever you are with NBC 7. The Bank of Korea reduced rates to ... % after the announcement, while the South Korean won weakened 0.71%, last trading at ...

SEOUL, May 21 (Reuters) - Round-up of South Korean financial markets ... Foreigners were net buyers of shares worth 113.7 billion won ($82.05 million). ** The won was quoted at 1,386.6 per ...