The government will continue to keep a close eye on household loans after Thursday’s interest rate cut and will monitor the impact on the housing market in the capital region.The ...

The meeting, chaired by acting Finance Minister Kim Beom-suk, brought together Bank of Korea Governor Rhee Chang-yong, ...

The outstanding value of foreign securities held by local institutional investors stood at $430.39 billion as of end-March, ...

Financial Supervisory Service chief Lee Bok-hyun, Bank of Korea Gov. Rhee Chang-yong, acting Finance Minister Kim Beom-seok ...

For weeks, financial markets anticipated the move. On Thursday, just five days before South Korea's pivotal June 3 presidential election, the Bank of Korea lowered its benchmark interest rate by a ...

Korea’s central bank sharply downgraded its 2025 growth outlook to 0.8 percent on Thursday — a level previously seen only ...

The Bank of Korea (BOK) on Thursday sharply lowered its outlook for South Korea's economic growth this year to 0.8 percent, ...

A recent analysis by the central bank indicates that if the U.S. administration’s tariff policy continues, the automobile industry will be hit the hardest among South Korea’s ...

Gov. Rhee Chang-yong says future rate cuts could be more extensive than before. Rhee conveyed the information Thursday after the BOK announced its decision ...

The Bank of Korea(BOK) has slashed the country’s economic outlook for this year to zero-point-eight percent. The central bank announced on Thursday that it lowered its ...

"The U.S. tariff scheme would cause not only a short-term decline in exports of cars, steel and other goods but also ...

South Korea's financial watchdog said on Thursday it has placed 41 highly indebted conglomerates under closer watch for debt ...