Edition:
United Kingdom

South Korea

Chronology: Bank of Korea holds rates steady in Feb, as expected

SEOUL South Korea's central bank kept interest rates unchanged for an eighth straight month on Thursday, opting for stability as it monitors uncertainties ranging from global policy challenges through North Korean missile tests to a political scandal at home.

Photo

North Korea blames Malaysia for death of its citizen - KCNA 12:04am GMT

SEOUL North Korea blamed Malaysia on Thursday for the death of one of its citizens there last week and accused it of an "unfriendly attitude" in a scenario drawn up by South Korea, which has said Pyongyang agents assassinated the North Korean leader's half-brother.

Photo

Switzerland's ABB hit by $100 million South Korean fraud 22 Feb 2017

ZURICH Swiss engineering group ABB fell victim to a "sophisticated criminal scheme" at its South Korean subsidiary, it said on Wednesday, with the chief suspect an executive responsible for ethics training.

Photo

Switzerland's ABB hit by $100 million South Korean fraud 22 Feb 2017

ZURICH Swiss engineering group ABB fell victim to a "sophisticated criminal scheme" at its South Korean subsidiary, it said on Wednesday, with the chief suspect an executive responsible for ethics training.

Photo

Lawyers for South Korea's Park accuse court reviewing impeachment of bias 22 Feb 2017

SEOUL Lawyers for South Korean President Park Geun-hye accused one of the judges reviewing her impeachment of bias on Wednesday and asked him to excuse himself, in a dramatic twist in a case engulfing members of the political and business elite.

UPDATE 1-S.Korea cbank's lower 2016 FX forward positions hint at less intervention 22 Feb 2017

SEOUL, Feb 22 South Korea's central bank held the smallest amount of foreign exchange currency forward positions last year since end-2012, data from the International Monetary Fund showed, in a sign the bank may have intervened less to weaken the won for trade competitiveness.

S.Korea cbank's lower 2016 FX forward positions hint at less intervention 22 Feb 2017

SEOUL, Feb 22 South Korea's central bank held the smallest amount of foreign exchange currency forward positions last year since end-2012, data from the International Monetary Fund showed, in a sign the bank may have intervened less to weaken the won for trade competitiveness.

Photo

2018 Olympics Games chief has no doubts about Samsung commitment 21 Feb 2017

SEOUL South Korean conglomerate Samsung Group will make good on its sponsorship promises to the 2018 Winter Olympics despite being caught up in a corruption scandal that saw its chief arrested last week, Pyeongchang chief Lee Hee-beom said on Tuesday.

Olympics-2018 Games chief has no doubts about Samsung commitment 21 Feb 2017

SEOUL, Feb 21 South Korean conglomerate Samsung Group will make good on its sponsorship promises to the 2018 Winter Olympics despite being caught up in a corruption scandal that saw its chief arrested last week, Pyeongchang chief Lee Hee-beom said on Tuesday.

PREVIEW-S.Korea c.bank seen on hold as political crisis outweighs upswing 21 Feb 2017

* For poll details check: reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=KROCRT%3DECI

Photo

U.N. mediator not expecting quick breakthrough in Syria peace talks

GENEVA U.N. mediator Staffan de Mistura said on Wednesday he did not expect an immediate breakthrough when Syria peace talks restart on Thursday but wanted productive talks that relaunch the process towards a political solution to end the six-year war. | Video