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Showing 1 - 10 of 23 results for "Bank of Korea"

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... for, and timing of, reductions in the level of monetary policy stimulus." Rising inflation has also prompted the Bank of Korea to raise interest rates in November - the second in three months. Financial markets now bet that the RBA wouldn't be far behind. ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... back, announcing that it would intervene to short-circuit rising bond yields. So has the Bank of Japan (BOJ) and the Bank of Korea (BOK). BOJ governor Haruhiko Kuroda told Japan's parliament: "The BOJ has no intention of pushing up (10-year bond ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... 1.9% in the September quarter after contracting by 1.3% in the March quarter and 3.2% in June. Interest rate cuts - Bank of Korea cut interest rates from 1.25% at the start of 2020 to a record low 0.5% -- and a total of KRW310 trillion (US$275 billion) ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
South Korea's KOSPI index has rebounded by 26.5% from the coronavirus-induced plunge that saw it hit an 11-year low of 1457.6 points recorded on March 19 this year - reducing its 2020 year-to-date loss by more than half to -16.1% from -33.7%. Similarly ...

Future Fund chief most influential public investor

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
... undertaken, with a focus on featuring new names. Future Fund chief executive David Neal came in at the top spot, beating Bank of Korea governor Lee Ju-yeol. But he wasn't the only Australian in the top three. Cbus chief executive David Atkin nabbed ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
... policy statement - where it kept interest rates unchanged for the 12 straight meeting at a record low 1.25% - the Bank of Korea's (BOK) only reference to "Kim" was to "closely monitor... geopolitical risks."

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
... 5.1% in the year to May from 4.3% in the previous month. Improvements are expected further out, supported by the Bank of Korea's surprised rate cut announcement in June. It lowered interest rates by 25 bps to a fresh record low of 1.25% on the 9th of ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 21 JUN 2016
... pressures should continue to keep South Korean consumer price inflation at very low levels. This should give the Bank of Korea (BOK) further scope to ease monetary. Earlier this month, the BOK unexpectedly cut interest rates to a new record low of 1.25% ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... consumer prices which already registered back to back negative readings in March (minus 0.1%) and April (-0.3%). Bank of Korea cuts South Korea's central bank unexpectedly cut interest rates by 25 basis points to a new record low of 1.25% following its ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 26 APR 2016
... in the March quarter - the slowest pace since June 2015 (also at 2.7%) - from 3.1% in the previous quarter. The Bank of Korea (BOK) has recently downgraded its growth and inflation forecasts for this year. The South Korean central bank now expects growth ...
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