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