SEOUL (Reuters) – South Korea’s central bank said on Thursday it would change its aggressive policy tightening stance when it becomes more certain that inflation and economic growth are slowing,…
By David Shepardson WASHINGTON (Reuters) – Many automakers and the South Korean government are urging the Biden administration to tap a commercial electric vehicle tax credit to boost consumer EV…
(Reuters) – The U.S. State Department has approved the potential sale of Chinook helicopters and related equipment to South Korea in a deal valued at an estimated $1.5 billion, the…
NEW YORK (Reuters) -The Federal Reserve Board on Tuesday said it is terminating an enforcement action against Industrial Bank of Korea (IBK) over previous deficiencies in the bank’s risk management…
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) -North Korea said it fired more than 130 artillery shells into the sea off its east and west coasts on Monday after…
By Harish Sridharan (Reuters) – Global banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see…
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s exports in November suffered their worst annual drop in 2-1/2 years, hurt by cooling global demand in major markets led…
SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly, a private-sector survey showed on Thursday, possibly suggesting the worst…
SEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed on Thursday, unchanged from the…
By Hyonhee Shin SEOUL (Reuters) – South Korea’s military said it scrambled fighter jets as two Chinese and six Russian warplanes entered its air defence zone on Wednesday. The two…
SEOUL (Reuters) – South Korea’s factory output dropped in October by more than expected and at the fastest pace in nearly 2-1/2 years, government data showed on Wednesday, amid weakening…
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports were set for a second month of declines in November and by the steepest pace in 2-1/2 years, hurt by an…
By Choonsik Yoo SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday the government would aid companies with the promotion of exports to key regions like Southeast Asia…
By Josh Smith SEOUL (Reuters) -Although the unexpected appearance of North Korean leader Kim Jong Un’s daughter raised speculation that she could be a successor in the making, analysts say…
SEOUL (Reuters) – South Korea’s household credit grew at the slowest annual pace in at least two decades in the third quarter, central bank data showed on Tuesday, amid a…
By Hyonhee Shin SEOUL (Reuters) – Debate is brewing in South Korea over efforts to scrap a decades-old ban on North Korean media, as changing attitudes fuel renewed calls to…
By Devayani Sathyan and Anant Chandak BENGALURU (Reuters) – South Korea’s central bank will scale back its tightening pace on Thursday and hike rates by a modest 25 basis points…
SEOUL (Reuters) – South Korea’s exports for the first 20 days of November shrank 16.7% from the same period a year ago, dragged down by weak demand for chips and…
ROME (Reuters) -The United Nations’ Security Council needs to take “significant measures” in response to the latest intercontinental ballistic missile launch by North Korea, foreign ministers of the Group of…
By Poppy McPherson BANGKOK (Reuters) – Leaders of the United States, South Korea, Japan and allied countries convened an emergency meeting during an Asian summit on Friday and condemned North…
SEOUL (Reuters) – South Korea and the United States held joint air force drills on Friday, using F-35A fighters, in response to North Korea’s test of an intercontinental ballistic missile,…
BANGKOK (Reuters) – U.S. Vice President Kamala Harris said on Friday that North Korea’s missile launch was a “brazen violation” of multiple U.N. resolutions and destablising for security in the…
TOKYO (Reuters) – A missile fired on Friday by North Korea had sufficient range to reach the United States mainland, and was capable of flying as far as 15,000 km…
SEOUL (Reuters) – Bank of Korea (BOK) monetary policy committee member Suh Young-kyung said on Tuesday that monetary policy needs to be flexible, as trade-offs have intensified between external and…
US Looks To South Korea To Fill Ammunition Backlog After Sending Nearly A Billion Rounds To Ukraine Micaela Burrow on November 11, 2022 The U.S. has for the first time…