South Korean consumer price inflation spurted higher again in July, piling pressure on the central bank to hike interest rates and on the government of President Lee Myung-bak, which appears to be los…
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South Korean consumer price inflation spurted higher again in July, piling pressure on the central bank to hike interest rates and on the government of President Lee Myung-bak, which appears to be los…
South Korea’s economic growth eased slightly more than expected in the second quarter as export growth weakened and economists said the outlook was for more uncertainty due to a potential slowdo…
Inflation expectations in South Korea rose in July, according to a Bank of Korea survey, bolstering the case for a rate hike, while the bank’s consumer sentiment index remained marginally more p…
South Korean President Lee Myung-bak on Monday ordered the government to step up its fight to contain inflation and said he would convene a ministerial-level meeting later in the week to gauge the cur…
South Korea’s central bank reduced its economic growth forecast for this year, predicting weaker domestic demand and construction investment, but raised its projection for inflation.
The Bank of…
South Korean annual producer price inflation held steady in June after easing for two consecutive months although it remained relatively high, data showed on Friday, a week before the central bankR…
Trade barriers to Scotch whisky imports have been removed in South Korea – a nation that already ranks among distillers’ most successful markets.
The new free trade agreement was struck be…
Business sentiment among South Korean manufacturers about the coming quarter slid to its lowest level in more than two years and could later fall further, an industry survey found on Sunday.
The busin…
The International Monetary Fund (IMF) wants South Korea to raise interest rates faster and let its currency rise further in value to tame inflation, according to officials familiar with discussions ta…
The Bank of Korea has raised the cost of borrowing in a surprise move, as fighting rising consumer prices emerged as the central bank’s top priority.
The bank upped its main interest rate on Fri…