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Bank of Korea Surprises by Holding Rates Steady
Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political turmoil weighing on the currency to stabilise before it can make further rate cuts.
Bank of Korea leaves rates unchanged at 3% in a surprise move
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, having delivered two back-to-back cuts in its previous meetings amid a slowing economy. Economists polled by Reuters had estimated a 25-basis-point cut.
Bank of Korea Surprises by Holding Rates Steady as Uncertainty Lingers
South Korea’s central bank kept its benchmark seven-day repurchase rate unchanged at 3.00% on Thursday, following a back-to-back rate cut in November.
Bank of Korea unexpectedly holds policy rate amid won slide
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back cuts last year while supporting the won which weakened to a 15-year low versus the U.
South Korea’s Central Bank Surprises Markets by Holding Rates Steady
South Korea’s central bank, the Bank of Korea (BOK), made the surprising decision to maintain its benchmark policy rate at 3%, following two back-to-back rate cuts in previous meetings. This move comes amid signs of a decelerating economy,
South Korea, Yoon Suk Yeol
South Korea's anti-corruption agency to resume questioning Yoon on Thursday afternoon, Yonhap reports
South Korea's anti-corruption agency will resume questioning impeached President Yoon Suk Yeol at 2 p.m. (0500 GMT) on Thursday afternoon, the Yonhap news agency reported. Yoon was arrested by investigators from the agency and police in his official residence and questioned for hours on Wednesday in relation to a criminal insurrection probe.
South Korea's Yoon Arrested, Says Anti-Graft Agency
Impeached South Korean President Yoon Suk Yeol was arrested on Wednesday, an anti-graft agency investigating his Dec. 3 martial law attempt said in a statement. (Reporting by Hyonhee Shin; Editing by Ed Davies g) Copyright 2025 Thomson Reuters.
After a weekslong confrontation, South Korea's impeached president Yoon is detained
South Korean police detained impeached President Yoon Suk Yeol at his residence in Seoul on Wednesday local time, ABC News confirmed.
North Korea launches missiles
US Stages Allied Bomber Drills After North Korea Fires Missiles
The United States and its Northeast Asian allies on Wednesday conducted an aerial drill involving two American bombers after North Korea fired a hypersonic missile last week. Newsweek has contacted North Korea's embassy in Beijing,
North Korea fires short-range missiles ahead of Trump return
North Korea fired multiple short-range ballistic missiles off its east coast on Tuesday, South Korea's military said, marking Pyongyang's latest show of force just days ahead of U.S. President-elect Donald Trump's return to office.
North Korea tests 'several' missiles, South Korean military says
North Korea launched "several short-range ballistic missiles," that landed in the Sea of Japan Tuesday morning local time, South Korea's Joint Chiefs of Staff said.
1h
on MSN
South Korea looking at buying more US oil and gas, energy minister says
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given the ...
14h
on MSN
US Ally Reacts as Pete Hegseth Declares North Korea a 'Nuclear Power'
John Kirby, White House national security communications adviser, said of Hegseth's remarks on North Korea's status as a ...
9h
on MSN
South Korea slams Hegseth over North Korea 'nuclear power' comments
Trump defense secretary nominee Pete Hesgeth ruffled feathers in S. Korea with his written statement to the Senate panel ...
2h
on MSN
South Korea Considers Buying More US Energy to Appease Trump
South Korea is considering buying more oil and gas from the US to diversify its energy sources and also potentially head off ...
17h
S Korea impeached president arrested after investigators scale walls
Yoon Suk Yeol has become South Korea's first sitting president to be arrested after investigators scaled barricades and cut ...
1d
on MSN
South Korea’s impeached President Yoon detained in massive law-enforcement effort
Yoon was brought into custody about three hours after hundreds of law enforcement officers entered the residential compound ...
The Economist
21h
The arrest of South Korea’s president will not end its crisis
T HE PRESIDENCY of South Korea can be a treacherous job. Past office-holders have been impeached and even assassinated. But ...
18h
on MSN
South Korea's impeached president arrested after police march on his home
President Yoon Suk Yeol was arrested and taken for questioning after more than 3,000 police officers marched on his residence ...
15h
Rubio Aims to Take on the Axis of Anger: China, Russia, North Korea and Iran
The loose arrangement of hostile powers could pose a series of conundrums for President-elect Donald Trump’s pick for ...
Yonhap News English on MSN
1d
S. Korea says N. Korea can never be recognized as nuclear power after Trump nominee refers to Pyongyang as one
North Korea cannot be recognized as a nuclear-armed state under the international nonproliferation treaty, and its ...
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