South Korea’s central bank froze its key rate for the 10th straight session Friday, saying that its current restrictive stance will be maintained for a sufficient period of time amid woes over high inflation and household debt.
In a widely expected …
The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 3.50% for the intermeeting period. Although inflation is expected to continue its slowing trend, it still remains high and there are still high uncertain…
The government will crack down on illegally staying foreigners starting next week through the end of June, especially those involved in drug and other crimes, the justice ministry said Friday.
The National Police Agency, the labor and land ministrie…
The South Korean economy has largely been on a recovery track on the back of robust growth of exports and manufacturing production, but domestic demand remains weak and uncertainties have grown over global prices of raw materials, the finance ministr…
The action film “The Roundup: Punishment,” starring Ma Dong-seok, also known as Don Lee globally, has been pre-sold to 164 countries ahead of its release later this month, the film’s distributor said Friday.
This sets a presale record for the succes…