Bank of Korea Could Cut Rates in October and November, Capital Economics Says -- Market Talk

The Bank of Korea could cut interest rates at each of its final two policy meetings this year--in October and November--with economic growth set to lose steam, Capital Economics senior Asia economist Gareth Leather writes in a note.

WSJJun 18 03:17 ET

South Korea to Run Final Tests Before Won Trading Hours Extend

South Korea will simulate extended trading hours for the won during its final trial series before the official start of longer sessions next month.

BNN BloombergJun 18 02:13 ET

Love for Labels Makes Korea's Inflation Stickier, BOK Study Says

South Koreans’ love for labels is driving local inflation more strongly than in other developed nations, making it harder for monetary policy to rein in the costs of living, a central bank study said.

BNN BloombergJun 18 01:22 ET

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