South Korea Says 'No Going Back' Once FX Trade Reform Begins

A senior South Korean official underscored the nation’s determination to ensure that its extension of trading hours for the onshore won will be permanent as it pushes for its biggest market reforms in decades in a bid to join a global government bond index.

BNN BloombergJun 13 03:01 ET

South Korea's GDP Grows 1.3% in Q1 in Line With Bank of Korea's Advance Estimate

South Korea's economy expanded 1.3% in the first quarter of 2024 from the year-ago period, consistent with the advance estimate, data from the Bank of Korea indicated Wednesday.

MT NewswiresJun 4 22:03 ET

South Korea's Official Foreign Reserves Decline in May

South Korea's foreign exchange reserves fell to $412.8 billion as of end-May from $413.3 billion as of April 30, the Bank of Korea said Wednesday.

MT NewswiresJun 4 21:53 ET

South Korea's Economy Bigger Than Thought, Easing Debt Burdens

South Korea’s economy has grown 4.9% more than previously thought every year on average since 2000, a revision that lowers the share of national debt and raises the scope for more policy action by monetary and fiscal authorities.

BNN BloombergJun 4 20:37 ET

South Korean Government's Efforts Could Lead Inflation to Slow Sharply in 3Q -- Market Talk

The South Korean government's efforts to curb price growth by lowering tariffs and raising quotas on imported food and fruit could lead inflation to slow sharply in 3Q, ING economists Robert Carnell and Min Joo Kang say in a note.

WSJJun 3 22:10 ET

South Korea's Consumer Inflation Slows for Second Straight Month in May

Consumer inflation in South Korea eased for a second consecutive month in May, data from Statistics Korea showed on Tuesday.

MT NewswiresJun 3 21:47 ET