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Political shocks add to South Korea’s economic woes
South Korea’s central bank freezes rates amid weakened economy and political turmoil
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance. This decision follows two consecutive rate cuts in October and November,
Martial law and Trump: political shocks add to South Korea’s economic woes
South Korea’s worst political crisis in decades is playing out against a darkening economic backdrop, as policymakers grapple with challenges ranging from a tumbling currency and weak consumer confidence to slowing job growth and intensifying competition from China.
South Korean court orders formal arrest of impeached President Yoon over martial law decree
South Korea’s impeached President Yoon Suk Yeol was formally arrested early on Sunday, days after being apprehended at his presidential compound in Seoul. He faces possible imprisonment over his ill-fated declaration of martial law last month.
3d
on MSN
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
조선일보
1d
Korea faces economic growth gap with U.S.; need for measures to retain investments
Korea faces economic growth gap with U.S.; need for measures to retain investments Koreas investment landscape faces ...
7d
on MSN
Bank of Korea leaves rates unchanged at 3% in a surprise move
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, opting to assess changes in ...
13d
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
9d
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond ...
13d
CNBC Daily Open: South Korea's markets power through troubles
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
pna
6d
Bank of Korea holds key rate unchanged
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen ...
7d
Bank of Korea Surprises by Holding Rates Steady As Uncertainty Lingers -- Update
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 ...
3d
South Korea Braces for Trump's Policies With Biggest-Ever Export Finance Support
Economists say there are worries that the Trump administration will introduce trade policies against South Korea too, after ...
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