With their economy collapsing under sanctions, North Korea turned to cybercrime. This video uncovers how Kim Jong-Un’s elite hacking unit, the Lazarus Group, almost pulled off the biggest bank heist ...

April inflation was close to BOK target Policymakers have suggested likelihood of cut Near-term growth prospects could be revised downwards BENGALURU, May 27 (Reuters) - The Bank of Korea (BOK ...

South Korea's central bank responded to economic headwinds by cutting its key interest rate to 2.5% and sharply reducing its 2025 growth forecast to 0.8%. The moves aim to counter the impact of US ...

SEOUL, South Korea (AP) — South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S. ...

Weaker car exports will drag down South Korea's exports by 0.6%, and U.S.-bound exports by 4.0%, posing the biggest risk, the Bank of Korea projected in a report, adding automakers so far have ...

Thursday’s announcement from the Bank of Korea (BoK) marked a resumption of its rate-cutting cycle, as the central bank unanimously decided to lower the policy rate from 2.75% to 2.50%.