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South Korea unexpectedly cuts rates by 25 basis points

Bank of Korea unexpectedly cuts rates for second straight meeting

South Korea's central bank unexpectedly cut interest rates by 25 basis points to 3.00% on Thursday, delivering its first back-to-back cuts since the global financial crisis of 2008-2009. MARKET REACTION: South Korea's policy-sensitive three-year treasury bond futures rose as much as 0.

Bloomberg on MSN · 1h

South Korea unexpectedly cuts rates in first back-to-back move since 2009

SEOUL - The Bank of Korea (BOK) surprised investors by cutting its benchmark interest rate on Nov 28 after delivering gloomier growth forecasts in its first back-to-back move since 2009.

U.S. News & World Report · 49m

South Korea's Central Bank Cuts a Key Rate to Nurse a Slower Economy

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

Russia, North Korea

CNN on MSN · 15h

North Korea expands weapons plant that makes missiles used by Russia, researchers say

North Korea is expanding a weapons plant that manufactures missiles used by Russia against Ukraine, according to new research from a US-based think tank.

Newsweek on MSN · 1d

Putin and Kim Could Meet To Cement Russia-North Korea Axis

South Korea's defense chief Shin Won-sik said the North's latest attempt to launch a spy satellite is in the "final stages"

Ukrainska Pravda on MSN · 8h

North Korea to provide Russia with more ballistic missiles and heavy equipment – US

The United States has information that North Korea is preparing additional supplies of ballistic missiles to Russia, as well as long-range self-propelled artillery and multiple launch rocket systems (MLRS).

South Korea, snow

Yahoo · 10h

Flights grounded, power cut as snowfall hits South Korea

South Korea's capital was blanketed on Wednesday by the heaviest snowfall in Seoul during November on record, with bad weather snarling traffic, knocking out power and grounding hundreds of flights as authorities braced for more snow in coming days.

AFP on MSN · 1h

South Korean capital hit by record November snowfall

South Korea's capital was blanketed by the heaviest November snowfall since records began over a century ago.

Cebu Daily News on MSN · 4h

Seoul, South Korea hit by record snowfall

South Korea’s capital was blanketed Wednesday by the heaviest November snowfall since records began over a century ago, the weather agency said. The Korea Meteorological Administration said 16.5 centimetres (6.

2hon MSN

Controversial American live-streamer faces prison in South Korea for offensive behavior

A controversial American live-streamer is facing the prospect of prison in South Korea for his offensive antics, in a case ...

1don MSN

South Korea holds memorial for forced laborers in Japan after boycotting Japanese event

South Korea has paid tribute to wartime Korean forced laborers at Japan’s Sado gold mines in a memorial ceremony.

1don MSN

South Korea to roll out $10 billion in loans next year to support chip industry

South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the ...

1don MSN

South Korea convicts man over binge eating to dodge military draft

A South Korean man who ate to the point of obesity in an attempt to dodge the army has avoided prison after he pledged to ...

1don MSN

What to know about the plastic pollution treaty talks in South Korea

A last round of negotiations on a legally binding treaty to address the global scourge of plastic pollution has opened in ...

First Sports: Russia sign new sporting deal with North Korea, but is that a concern for rest of the world?

Russia and North Korea recently signed a protocol for sports exchanges in 2025. This has come at a time when Russia have been ...

1don MSN

Exclusive-Trump team weighs direct talks with North Korea's Kim in new diplomatic push, sources say

President-elect Donald Trump's team is discussing pursuing direct talks with North Korean leader Kim Jong Un, hoping a fresh ...

19h

Ukraine war latest: Kyiv officials 'in South Korea for weapons aid talks'; Russia 'working to deploy intercontinental missile'

A Ukrainian delegation led by the country's defence minister is in Seoul to ask for weapons to be used in the war, according ...

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South Korea unexpectedly cuts rates by 25 basis points

Russia, North Korea

South Korea, snow

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