President Herbert Hoover signed the Smoot-Hawley Tariff Act, a protectionist trade measure that imposed 25% duty on all ...

South Korea’s central bank held interest rates steady in April, taking a widely anticipated breather as it gauges how best to support an economy facing a severe hit from U.S. tariffs.

The Bank of Korea will keep its key interest rate unchanged at 2.75% on Thursday, according to a Reuters poll of economists ...

The Bank of Korea held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up ...

A majority of economists predicts the Bank of Korea will hold its benchmark interest rate steady on Thursday in order to ...

At the end of last year, the Industrial Bank of Korea labor union, which went on a general strike, is continuing its hardline stance by occupying the president's office and conducting an ...

This will weigh on growth from the second quarter. All signs point to more Bank of Korea easing. However, the weak KRW and volatile financial markets are likely to pose major challenges to a ...

Jang Yong-sung, a Commissioner of the Bank of Korea's Monetary Policy Committee, argued that extending the retirement age under the current wage system could lead to reduced new hiring by ...

An unexpected pickup in inflation complicates the Bank of Korea’s rate cut cycle. The central bank faces some difficult decisions as inflation pressures collide with currency weakness and ...

By bno - Jakarta bureau South Korea's central bank is leaning towards reducing interest rates this April, even as the ...