Asia’s fourth-largest economy is facing these problems as it navigates twin political shocks: Donald Trump’s re-election in ...
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
A World Bank report last week highlighted that risks to the regional outlook remain tilted to the downside, primarily due to global policy shifts and trade policies in particular. It projected growth ...
The surprise decision came as South Korea's trade-dependent economy faces challenges from weakening export growth and a sluggish recovery in domestic demand, partly hindered by political turmoil ...
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, having delivered two ...
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen ...
The BoK's choice to hold rates steady appears to be an effort to stabilize the South Korean won, which has recently plummeted to a 15-year low against the U.S. dollar, exacerbating economic ...
The Indonesian rupiah stayed near six-month lows on Thursday, while the South Korean won snapped a three-day winning streak ...
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite ...
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence ...
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year while supporting the won which has weakened to a ...
Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...