South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

SEOUL: The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday (Feb 25 ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and the fallout from President Yoon Suk ...

The reduction marks the third since the BOK began trimming borrowing costs from a 15-year high in October, leaving Korean rates around 150 basis points beneath the U.S. Federal Reserve's target ...

The BOK pointed to the Donald Trump administration's tariff policies, slowing exports and a slump in consumption following President Yoon Suk ... The Federal Reserve held its policy rate steady ...

The central bank's move came after it froze the rate in January to gauge the impact of the two rate cuts made in October and November last year. The one-month pause also reflected concerns about the ...

To no one’s surprise, the United States dominates the Forex market, with the US dollar serving as the worldwide reserve currency ... triggered by President Yoon Suk Yeol’s martial law order ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the economy in the face of US tariffs and the fallout from President Yoon Suk Yeol's ...

Political turmoil continued as South Korean law enforcement officials requested a court warrant on Monday to detain impeached President Yoon Suk Yeol ... in the Federal Reserve’s interest ...