The central bank’s move came after it froze the rate in January to gauge the impact of the two rate cuts made in October and November last year. The one-month pause also reflected concerns about the ...
South Korea will tighten borrowing rules from the second half of this year to manage the growth in household debt, the ...
Wall Street is sluggish early going as geopolitical concerns and President Donald Trump’s trade policies weighs on markets.
US President Donald Trump's threats to overturn the global trading system also present huge challenges; exports account for ...
SEOUL: The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday (Feb 25 ...
EU mid-market update: Cautious market shows nerves ahead of Nvidia earnings and US data; Crypto capitulates and German Q4 GDP confirms contraction.
South Korea’s central bank today slashed interest rates and its annual growth forecast as it looks to bolster the economy in ...
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for ...
The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia ...
Asia-Pacific markets fell on Tuesday as renewed trade war concerns and monetary policy shifts dampened investor sentiment.
Asian shares fell amid US investment curbs on China. Hong Kong's Hang Seng dropped 2.3%, with Alibaba plunging 7.8%. Japan's Nikkei fell 0.9%, while gold hit a record high. Investors await Nvidia ...
SEOUL -- South Korea's central bank cut its key interest rate by one quarter of a percentage point to 2.75% on Tuesday amid ...