2 days ago · 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. ... The Wall Street Journal; English ...

Jan 15, 2025 · South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, opting to assess changes in domestic and external economic conditions after having delivered two...

Mar 8, 2024 · TOKYO (AP) — Asian shares were mostly higher Friday, after U.S. stocks climbed to records, with easier interest rates beckoning on the horizon. Japan’s benchmark Nikkei 225 added 0.7% in morning trading to 39,874.68. Sydney’s S&P/ASX 200 jumped 0.9% to 7,829.60. South Korea’s Kospi surged 1.4% to 2,683.76.

The unexpected declaration of martial law in South Korea has rattled markets, sending the won and equities lower. While the measure was promptly struck down by parliament, the episode is likely...

Oct 23, 2024 · South Korea GDP expanded 0.1% in the third quarter from the previous one, narrowly avoiding a technical recession. The third-quarter GDP reading, however, missed Reuters estimates of 0.5% growth.

Nov 7, 2023 · Shares are mostly lower in Asia after a mixed close on Wall Street. Benchmarks dropped more than 1% in Hong Kong and Tokyo and South Korea's Kospi gave up 3.1% of its big gains from a day earlier.

Timothy W. Martin is the Korea bureau chief for The Wall Street Journal in Seoul, overseeing the Journal's coverage of North and South Korea. He previously wrote about Samsung from Seoul, but...

Dec 30, 2024 · Asian shares were mixed on Monday after stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. U.S. futures were lower while oil prices were little...

South Korea has prohibited stock short-selling until June 2024. In response, the benchmark KOSPI jumped 5.7% and the tech-heavy KOSDAQ soared 7.3%. Both had their best sessions since late March...

Dec 4, 2024 · BOSTON/LONDON :Global shares were mixed and the euro was steady on Wednesday as markets digested political turmoil in South Korea, where martial law was imposed then lifted hours later, and in...