SEOUL South Korea's central bank kept its benchmark rate unchanged on Thursday but flagged concerns about mounting household debt and financial stability, boosting expectations that it could raise rates as soon as next month.
SEOUL Park Soo-jin's plan was to cut expenses to bare minimum for the six years she rented a flat in a high-rise Seoul neighbourhood, so she and her husband could buy their own property in the area once the lease ends in December. It is not going to work.
* Aug imports +9.2 pct y/y (Reuters poll +7.7 pct)
(Adds details on crude oil imports)
SEOUL The Bank of Korea kept monetary policy unchanged as expected on Friday, and its chief hosed down expectations of further policy tightening this year, in the face of a jobs crisis and inflation still stubbornly below target.
SEOUL South Korea's exports will grow at a solid pace for a while yet, but there are risks if a trade spat between China and the United States intensifies, a top aide to South Korea's president said on Thursday.
SEOUL South Korea proposed on Tuesday the sharpest expansion in fiscal spending in a decade for 2019 as policymakers focus on creating jobs and boosting welfare in the face of a deteriorating job market.
SEOUL Kim Hyun-ji voted for Moon Jae-in to be South Korea's president last year thinking things would improve with his promises to create jobs and address inequality. She now says that was a mistake.
SEOUL The Korea Exchange (KRX) said on Tuesday it was monitoring Merrill Lynch's Seoul operations after media reports and petitions regarding the investment bank's trades.
SEOUL, August 1 South Korea's exports returned to growth in July on brisk sales of memory chips, but the chill from a deepening U.S.-China trade conflict had still to be felt, and there were also doubts over how much longer booming demand for chips would last.
SEOUL, July 30 South Korea will expand capital
gains taxes to cover all stock price index options and futures
transactions as part of changes to tax codes following an annual
review, the finance ministry said on Monday.