Edition:
United Kingdom

Joori Roh

Bank of Korea cuts rates, keeps door open for more as economy loses steam

5:33am BST

SEOUL South Korea's central bank cut its policy interest rate on Wednesday, as expected, and left the door open for further easing although a split vote on the move suggested the next reduction may not be imminent.

Bank of Korea seen cutting rates this week: Reuters poll

14 Oct 2019

SEOUL South Korea's central bank will likely cut its policy interest rate this week to support slowing economic growth and weak price pressures, a Reuters poll showed.

Deflation, falling exports seen driving more Bank of Korea rate cuts

01 Oct 2019

SEOUL South Korea recorded an annual fall in consumer prices for the first time in September while exports shrank for a 10th consecutive month, data showed on Tuesday, reinforcing expectations of further policy easing from the central bank.

South Korea exports seen falling for 10th month on trade, chip sector woes: poll

27 Sep 2019

SEOUL South Korean exports were seen contracting for the tenth consecutive month in September, although at a slower pace, as the U.S.-China tariff war continued to drag and uncertainty remained over a recovery in the semiconductor sector.

South Korea on highest alert after African swine fever found

17 Sep 2019

SEOUL South Korea has raised its animal disease alert to the highest level after discovering its first outbreak of deadly African swine fever at a pig farm in Paju, a town near its border with North Korea, the agriculture ministry said on Tuesday. | Video

RPT-Labour pains: Japanese jobs for S.Korean graduates dry up amid trade row

05 Sep 2019

* Korean govt cancels largest state-run job fair focused on Japan and Southeast Asia

Labor pains: Japanese jobs for South Korean graduates dry up amid trade row

04 Sep 2019

SEOUL Song Min-su, a Japanese major in his final year at Hannam University, south of Seoul, has watched in dismay as a spat between South Korea and Japan over wartime forced labor has spiraled into a damaging political and economic row.

South Korean inflation hits record low, fans case for more rate cuts

03 Sep 2019

SEOUL South Korea's consumer inflation faltered to its slowest on record in August while second quarter economic growth was revised down on weaker exports, firming up the case for central bank rate cuts as early as next month.

RPT-UPDATE 1-S.Korea Aug exports tumble for 9th month as world economy cools

02 Sep 2019

SEOUL, Sept 1 South Korea's exports tumbled in August for a ninth consecutive month, on sluggish demand from its biggest buyer, China, and depressed prices of computer chips globally, government data showed on Sunday.

South Korea August exports tumble for ninth month as world economy cools

01 Sep 2019

SEOUL South Korea's exports tumbled in August for a ninth consecutive month, on sluggish demand from its biggest buyer, China, and depressed prices of computer chips globally, government data showed on Sunday.

World News