korea

South Korea's currency reserves hit a record high in October, a clear sign that Seoul is determined to prevent a sharp appreciation of the won. more...

South Korea and Japan agreed to expand their currency swaps more than five fold to help stabilise the won and financial markets, the Japanese Ministry of Finance said on Wednesday.* more...

South Korean consumer inflation in September eased by a full percentage point to a four-month low, matching analysts' expectations and supporting the market's view for no change in interest rates for the time being. more...

South Korea continued to log capital outflows from its financial account in August on massive foreign stock selling, although the current account surplus widened from the prior month on strong exports, central bank data showed on Thursday. more...

South Korea's economy grew slightly faster than earlier estimated during the April-March quarter from the previous quarter on better-than-estimated construction spending, revised central bank data showed. more...

The U.S. central bank's plan to keep interest rates low for an extended period could add inflation pressure in countries like South Korea, Finance Minister Bahk Jae-wan said on Friday. more...

The U.S. central bank's plan to keep interest rates low for an extended period could add inflation pressure in countries like South Korea, Finance Minister Bahk Jae-wan said on Friday. more...

South Korea's central bank on Thursday held its policy interest rate steady for a second straight month, as expected, after signaling that recent market turmoil had put its rate "normalization" plans on hold despite surging inflation. more...

South Korea diversifies reserves away from the dollar, and Australia's central bank stays pat — it's time for your FX Fix. more...

Gold was flat in early trade on Tuesday, supported by the gold purchase by South Korea's central bank, while investors watched the outcome of a vote on the U.S. debt deal. more...

Inflation expectations in South Korea rose in July, according to a Bank of Korea survey, bolstering the case for a rate hike, while the bank's consumer sentiment index remained marginally more positive than negative. more...

South Korea's central bank on Thursday left its policy interest rate unchanged as expected, to assess the effect of recent raises and as the outlook for economic growth grew more uncertain while inflation stayed high.* more...

South Korean annual producer price inflation held steady in June after easing for two consecutive months although it remained relatively high, data showed on Friday, a week before the central bank's monthly policy meeting. more...

Yields on South Korean government bonds rose early on Friday, as higher-than-expected inflation and solid exports data stoked expectations of more interest rate hikes this year following the government's upgrade of this* year's inflation forecast.* more...

South Korea and Taiwan will not be ready to join the ranks of developed markets in MSCI's benchmark indexes until they have opened up their markets and made their currencies fully convertible, the index provider said on Tuesday. more...

South Korea's central bank on Friday raised its policy rate by a quarter point after holding it steady for the past two months, going against market expectations for no change and despite signs of a slowing economy and risks from the euro zone. more...

South Korean annual producer price inflation eased for a second consecutive month in May on a plunge in vegetable prices, data showed on Friday, as the central bank is expected to hold interest rates steady later in the day. more...

South Korean inflation eased in May for a second consecutive month, coming in just below market expectations on lower fresh food prices, data showed on Wednesday, reinforcing the view that the central bank may keep interest rates on hold next week. more...

South Korea said on Thursday that it will cut the ceiling on bank foreign exchange derivatives positions by a fifth, as expected, to curb short-term foreign debt and warned of possible restrictions on foreign-currency bond issuance at home. more...