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BOK INTEREST RATE
South Korean shares slump 7% on renewed selling in chipmakers, c.bank hikes ratesSouth Korean shares experienced a significant decline on Thursday, driven by chipmaker stock sell-offs. The Bank of Korea raised its benchm...
BOK hikes rates for first time in 3-1/2 years, signals moreSouth Korea's central bank has increased its benchmark interest rate for the first time in three years. This move aims to stabilize the cur...
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
How the AI boom is fueling the South Korean economy - here's the breakdownAI and semiconductor demand South Korea: South Korea's economy is experiencing a significant rebound, driven by a booming AI sector that's ...
South Korea makes first back-to-back rate cuts since 2009In a surprise move, South Korea's central bank cut interest rates for the second consecutive meeting, aiming to stimulate the stagnating ec...
Oil prices edge down on worries about Chinese demandOil prices declined on Tuesday on worries of a slowing Chinese economy crimping demand and despite a growing consensus the U.S. Federal Res...
Gold hits 6-month peak on dollar dip, bets of Fed's rate-hike pauseThe dollar index touched a near three-month low, against its rivals, making gold less expensive for other currency holders.
Crypto Week at Glance: Bitcoin trades sideways amid SEC's ETF approval delayCurrently, Bitcoin is trading at the US$37,400 level, reflecting a 3% increase on the weekly chart, a 7% gain month-to-date, and an impress...
Bank of Korea extends rate pause, keeps hawkish tilt on price pressuresThe Bank of Korea (BOK) said price pressures would remain for longer than expected due to heightened uncertainties surrounding the Israel-H...
Bank of Korea holds interest rates steady, as expectedThe decision matched the forecast of 43 economists in a Reuters survey, which also projected the central bank to stay on hold until the end...
Moody's downgrades 10 US banks, warns of possible cuts to othersMoody's cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The agency also ch...
Oil dips on demand worries as more rate hikes likelyOil prices declined for the week amid concerns that interest rate hikes would reduce demand, despite signs of tighter supplies, including a...
Asian shares on edge as US bond yields rise, oil volatileShare markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as volatile oil ...
Why investors are unfazed by North Korea's missile launchNorth Korea announced that it “successfully” fired a Hwasong-15 with improved technology.
- SKorea to make first use of US currency swap deal
Bank of Korea said that local banks will have their first chance to utilize a currency swap deal with the US Federal Reserve aimed at allev...
- Influential think-tank urges South Korea to cut rates
An influential think-tank on Sunday urged the central Bank of Korea to cut interest rates quickly to prevent market instability stemming fr...
- Few Asian nations will celebrate 'Bernanke put'
For Central Banks, Fed rate cut is just the return of an all-too-familiar headache: unwanted liquidity.