inflation

Central bank South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing

South Korea’s headline inflation remained flat in April, possibly paving the way for the central bank to loosen monetary policy further to sup...

Central bank S.Korea’s c.bank chief sees limited impact of political turmoil on economy

South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest econom...

Economy S.Korea’s inflation stays at 1% level for 3rd straight month

South Korea’s consumer prices remained steady at the 1% level for the third straight month in November thanks to a drop in oil prices. But eco...

Mergers & Acquisitions Korea Zinc’s role questioned in SM Entertainment stock manipulation case

When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...

Central bank S.Korea’s inflation dips below 2% for 1st time in 42 months

South Korea’s headline inflation slowed below 2% for the first time in three and a half years in September on lower international oil prices, ...

Central bank August inflation puts BOK under fire for delayed pivot

South Korea’s inflation moderated to the government’s target of 2.0% in August, its slowest increase in three years and five months, put...

Central bank Bank of Korea holds rate steady, signals pivot to easing soon

South Korea’s central bank held interest rates steady but cut its inflation and growth forecasts for the year and signaled that it will pivot ...

Central bank BOK signals autumn rate cut as inflation, economic growth slow

South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...

Economy BOK in limbo on rate decison with July inflation below 3%

South Korea’s headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, complicating the Ban...

Economy South Korea’s Inflation reaccelerates in July

South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...

Retail Struggling Korean retail stores lick Dubai chocolate, Dippin' Dots

Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as people dropped by smal...

Economy S.Korea’s inflation holds below 3% for 3rd straight month

South Korea’s headline inflation stayed in the 2% range for the third straight month in June after its slowest rate of increase in 11 months, ...

Markets Korea's bet on US assets up on bull stocks, EV incentives

South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...

Economy S.Korea’s inflation slows to 10-month low amid tight policy

South Korea’s headline inflation slowed to a 10-month low in May as the Bank of Korea kept its interest rate policy tight, adding to the centr...

Central bank BOK sees more uncertainty in rate cut timing, ups growth forecast

The Bank of Korea said on Thursday it has grown more uncertain about when to cut interest rates despite expectations of easing the monetary policy g...

Fashion Native Korean fast-fashion brands poised to snatch market

South Korea’s homegrown fast-fashion brands are expected to continue making big strides at home as cost-conscious consumers shifted toward mor...

Economy OECD sharply revises up S.Korea GDP forecast after strong Q1

The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previousl...

Economy Korea’s headline inflation dips below 3% in April but erratic

South Korea’s headline inflation dipped below 3% for the first time in three months last month but uncertainty lingers from still-high agricul...

Foreign exchange Won at 17-month low vs dollar on reduced US rate cut bets

The Korean won weakened to its lowest level in 17 months against the dollar on Thursday, after stronger-than-expected US inflation data dented hopes...

Infrastructure Infrastructure secondaries continue to rise amid inflation: Stafford

Secondaries have become one of the most sought-after assets amid market uncertainty as they provide early exit opportunities and portfolio diversifi...

Economy Korea’s rate cut hope wanes with inflation above 3% in March

South Korea’s headline inflation stayed above 3% for two straight months in March on a surge in fruit and vegetable prices coupled with higher...

Corporate bonds Korea’s bond sales up in February; corporate bonds remain buoyant

Bond sales in South Korea amounted to 71.8 trillion won ($54.4 billion) in February, 12.4% up from a month prior, according to a report from the Kor...

Economy Korea’s inflation rebounds, BOK to keep interest rates in H1

South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...

Food & Beverage Homegrown coffee chains emerge as strongest players in Korea

Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, ...

Central bank BOK likely to keep base rate unchanged until June: chief

South Korea’s central bank held its policy rate flat at 3.5% for a ninth straight session on Thursday as it was deemed too early for a rate cu...

Economy Korea’s inflation at 6-month low in further relief to BOK

South Korea’s headline inflation dropped for a third straight month to a six-month low on declining oil prices, adding relief to the central b...

Economy Korea’s consumer inflation reaches 3.6% in 2023 on high utilities

South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...

Central bank South Koreans expect inflation to slow, relief to BOK’s hawkish stance

South Koreans expect inflation to slow over the next 12 months, providing relief to the central bank’s hawkish stance that policy rates should...

Economy Semiconductor export recovery powers S.Koreans’ income in Q3

A recovery in semiconductor exports led an increase in South Koreans’ income in the third quarter, although the earnings growth momentum may n...

Central bank BOK chief says rates need to stay high for over 6 months

South Korea’s central bank chief on Thursday said interest rates will have to stay high for more than six months, leaving the door open for an...