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S.Korea cuts rates to 0.75 pct in emergency move to weather COVID-19 outbreak

SEOUL, March 16 (Xinhua) -- South Korea's central bank cut interest rate to an all-time low of 0.75 percent Monday in its first emergency move since the 2008 global financial crisis in order to help

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S.Korea cuts rates to all-time low of 0.75 pct in emergency move

SEOUL, March 16 (Xinhua) -- South Korea's central bank cut interest rate to an all-time low of 0.75 percent Monday in its first emergency move since the 2008 global financial crisis. Bank of Korea (B

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S.Korea's central bank cuts 2020 economic growth outlook to 2.1 pct over COVID-19 outbreak

SEOUL, Feb. 27 (Xinhua) -- South Korea's central bank cut the country's 2020 economic growth outlook to 2.1 percent Thursday on worry about the COVID-19 outbreak. Bank of Korea (BOK) said in a statem

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S. Korea's central bank cuts 2020 economic growth outlook to 2.1 pct

SEOUL, Feb. 27 (Xinhua) -- South Korea's central bank cut its 2020 economic growth outlook to 2.1 percent Thursday on worries about the soaring COVID-19 cases in the past week. Bank of Korea (BOK) sa

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S. Korea freezes policy rate at record low of 1.25 pct

SEOUL, Feb. 27 (Xinhua) -- South Korea's central bank froze its policy rate at a record low of 1.25 percent on Thursday. Bank of Korea (BOK) Governor Lee Ju-yeol and six other monetary policy board m

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S.Korea, U.S. hold talks in Seoul to discuss Korean Peninsula affairs

SEOUL, Feb. 10 (Xinhua) -- Senior diplomats from South Korea and the United States held talks in Seoul Monday to discuss the Korean Peninsula affairs, according to local media reports. Rhee Dong-yeol

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S.Korea freezes policy rate at record low of 1.25 pct

SEOUL, Jan. 17 (Xinhua) -- South Korea's central bank on Friday froze its benchmark interest rate at a record low of 1.25 percent to wait and see the effect of two rate cuts last year amid the allevi

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