S&P maintains S. Korea’s credit rating amid political turmoil
Standard & Poor's (S&P) Global Ratings reaffirmed on Wednesday its long-term 'AA' credit rating for South…
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South Korea’s GDP
Bank of Korea cuts interest rates to stimulate economy
The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points from 3.25 per cent to 3.00 per cent…
IMF advises BOK to maintain gradual policy normalisation
The Bank of Korea (BOK) should continue to normalise monetary policy gradually due to high uncertainty.
S. Korea’s real GDP falls by 0.2% in Q2 ’24
South Korea's real GDP fell by 0.2 per cent in the second quarter of 2024 compared to the previous quarter.