Policymakers fear cutting borrowing costs to boost economic growth could drive capital’s real estate prices higher
Regulator allows locals to purchase foreign currency debts issued onshore as it seeks to offset capital outflows
Governor highlights US president-elect’s threats and intensifying competition from Chinese exporters
Won flat and Korean stocks fall 1.4% as central bank says it is keeping all options open until situation stabilises
Rare back-to-back cut reflects concern over impact of incoming US president’s policies
Rhee Chang-yong calls for caps on university admissions from upmarket capital districts to check price growth
South Korea battles to defend currency under pressure from Fed rate decision
Finance minister steps up verbal intervention as currency hits 13-year low against the dollar
Inflation piles pressure on central bank to increase rates by 50 basis points for first time
Consumer price index rises 5.4% in May, adding further pressure on Asia’s fourth-biggest economy
War in Ukraine adds to post-pandemic pressures as commodity prices rise sharply
Consumer prices jump in Asia’s fourth-biggest economy amid Covid outbreak and supply chain turmoil
Restrictions to contain the virus blamed for economy expanding just 0.3% in third quarter
Fears over rising property prices and record household debt outweigh surging Covid threat
Second quarter GDP expands 5.9% year on year on exports and consumption rebound
GDP rises 1.1% in the fourth quarter despite December Covid-19 outbreak
Fears over growth trigger U-turn by President Moon Jae-in
Economy is struggling with global trade frictions and weaker memory chip prices
Governor points to Japan trade restrictions and deteriorating economic conditions
GDP data bring some relief to President Moon but annual figure is weakest in 6 years
Critics warn Bank of Korea’s move could accelerate economic slowdown