The Latest Breaking News from Bank of Korea

Bank of Korea cuts interest rates to 3% for the second consecutive month to boost economy amidst challenges.

Bank of Korea closely monitoring Middle East tensions for potential economic impacts on South Korea.

The Bank of Korea has decided to maintain its current interest rates as inflation in South Korea shows signs of cooling, signaling a cautious approach to e...

The world’s top central bankers delivered a stern and unified message on the need to curb inflation, declaring at Jackson Hole, Wyoming, that it is broad based, here to stay and will require their forceful action.

Asian shares are trading higher as global markets wait for a highly anticipated speech from the U.S. Federal Reserve chair about interest rates at the end of the week

Boosting women's participation in the workforce and giving them more leadership opportunities would boost the economic potential of South Korea and the United States, U.S. Treasury Secretary Janet Yellen told a group of women entrepreneurs in Seoul.

US treasury secretary highlights economic threat posed by ‘unreliable countries’ during visit to South Korea.

Central banks in New Zealand and Korea have pushed ahead with further super-sized interest rate rises as they attempt to tame rampant inflation.

On CNBC, Jeong Woo Park of Nomura said that South Korea’s economic growth is expected to be balanced, with the recent GDP data showing improvement from the previous quarters.