Yoon, who is in custody at Seoul Detention Center, arrived at the court later than usual, where he is expected to give his ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia ...

The South Korean economy — Asia's fourth largest — grew less than expected in the final three months of 2024 as Yoon's martial ... the direction of the US Federal Reserve's monetary policy ...

The Bank of Korea (BOK) on Tuesday sharply lowered its outlook for Korea's economic growth this year to 1.5 percent as the ...

The BOK's rate reduction decision widened the gap between the key rates of South Korea and the United States to maximum 1.75 ...

South Korea’s central bank today slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and the fallout from president Yoon Suk-yeol ...

The reduction marks the third since the BOK began trimming borrowing costs from a 15-year high in October, leaving Korean rates around 150 basis points beneath the U.S. Federal Reserve's target ...