Seoul, Feb 6 (IANS): Global credit appraiser Fitch Ratings said on Thursday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook. It is the fourth-highest level on the ...

Asian central banks are becoming more cautious about the domestic growth outlook, leading to pre-emptive rate cuts ...

SEOUL: Government agencies and major companies in South Korea are rushing to block access to Chinese artificial intelligence ...

Bank of Korea Governor Rhee Chang-yong pushed back against mounting speculation of an interest-rate cut later this month as he called for swift fiscal stimulus to shore up a sputtering economy ...

The world’s central banks started the new year with policy adjustments as the global fight against inflation continues. Global economies are changing policies to adapt to new conditions while ...

By Aisylu Akhmetzianova The current account balance last year posted a surplus exceeding USD 99 billion, a 300% jump from 2023, thanks to strong semiconductor exports and dividend ...

KUWAIT CITY - Burgan Bank announced the establishment of a strategic USD 500 million Certificates of Deposit (CDs) program in ...

The country's current account surplus reached US$99.04 billion last year, following a surplus of $32.82 billion in 2023, according to data from the Bank of Korea (BOK). According to Yonhap News Agency ...

South Korea's current account surplus for 2024 more than tripled from a year earlier, led by strong exports and increased ...

Korea logged a current account surplus for the eighth straight month in December, backed by strong exports and an increased ...

South Korea posted a current account surplus of $12.37 billion in December, the Bank of Korea said on Thursday - up from the upwardly ...