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South Korea's central bank cuts rates
South Korea's central bank cuts rates in a bid to boost the economy
South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt
South Korea's central bank makes first rate cut, flags room for more
South Korea's central bank cut interest rates for the first time since mid-2020 on Friday and flagged there was room to reduce further, giving some relief to households that have faced the highest borrowing costs in 16 years.
North Korea to cut off road and rail links to South Korea
North Korea’s army said it will take a “substantial military step” to completely cut off its territory from South Korea on Wednesday, after months of fortifying its heavily armed border.
North Korea to cut off all roads and railways to South Korea
North Korea's military said Wednesday that it is completely sealing off its border with South Korea, cutting rail and road connections and building additional defensive fortifications, state-run media reported.
South Korea's central bank cuts rates as slumping economy slows inflation
South Korea's central bank cut policy interest rates for the first time in four and a half years, making a shift away from quashing inflation, currently below its 2% target, to focus on reviving growth.
South Korea's central bank raises rates in a bid to boost the economy
South Korea’s central bank on Friday cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt.
Bank of Korea Cuts Rate in Policy Pivot as Property Market Cools
The Bank of Korea cut its benchmark interest rate after local property markets showed signs of cooling and inflationary pressure eased sharply, allowing authorities to finally shift their focus to supporting economic activity.
Bank of Korea Cuts Rate, Joining Global Wave of Policy Easing
South Korea’s central bank cut its key interest rate for the first time in more than four years, joining a growing group of global peers in easing monetary policy as it looks to support the economy.
South Korea’s central bank cuts rates for first time since 2020 to spur economic recovery
In a significant shift to address South Korea’s lagging economy, the Bank of Korea has reduced its benchmark interest rate for the first time in more than four years. The central bank’s decision reflects growing concerns about sluggish economic growth,
South Korea's Han Kang awarded Nobel Prize in literature
A Woman Won South Korea’s First Literature Nobel. That Says a Lot.
While Han Kang’s victory was celebrated as a crowning cultural achievement for her country, her work also represents a form of rebellion against its culture.
Han Kang's books sell out in South Korea after Nobel win
Major South Korean bookstores sold out of author Han Kang's books Friday, as sales skyrocketed and the share price of local publishers soared following her historic Nobel Prize win. It was like I won the award really,
Nobel Prize winner Han Kang's books fly off the shelves in South Korea
South Koreans flocked to book stores on Friday and crashed websites in a frenzy to snap up copies of the work of novelist Han Kang in her home country, after her unexpected win of the 2024 Nobel Prize in Literature.
1d
on MSN
North Korea vows to block border with South Korea and build front-line defense structures
North Korea says it will permanently block its border with South Korea and build frontline defense structures to cope with ...
Stars and Stripes
2d
Cost of household goods expected to influence how much South Korea pays for US defense
Seoul’s share of the cost for hosting roughly 28,500 U.S. troops will rise annually but at a slower pace than in previous ...
2d
South Korea Joins Major FTSE Russell Index After Bond Market Reforms
South Korea will join FTSE Russell’s major global bond index next year, paving the way for tens of billions of dollars of ...
essanews.com on MSN
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South Korea mulls sending tanks to aid Ukraine against Russia
South Korea has been supporting Ukraine for months, but the assistance provided does not include "lethal weapons." However, ...
1d
on MSN
North Korean troops now fighting for Russia in Ukraine, Seoul says
North Korea is now sending troops to fight and die in Ukraine alongside Russian soldiers, according to Seoul’s defense ...
2d
In This Office, the Fading Dream of a Unified Korea Lives On
On paper, five South Korean officials are the governors of North Korean provinces. Their goal is reunification, but fewer and ...
2d
Filipino helpers earn US$1,340 per month in South Korea. In Hong Kong? US$642 minimum
Those willing to work up to 52 hours a week could earn as much as US$1,700 under Seoul’s domestic worker pilot programme.
2d
on MSN
Kim Jong Un threatens to use nuclear weapons against U.S., South Korea
North Korean leader Kim Jong Un warned the United States and South Korea that any attack would be met with a nuclear response ...
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