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A service for banking industry professionals · Thursday, January 23, 2025 · 779,740,327 Articles · 3+ Million Readers
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Bank of Korea News Monitoring

  • Published on Jan 21, 2025

    Bank of Korea warns of growth slowdown as global trade pressures intensify

    Domestic consumption stagnates while Trump’s policies threaten trade, amplifying growth concerns in 2025 The Bank of Korea (BOK) has adjusted its 2025 growth forecast downward to 1.6 to 1.7% on Monday, citing lingering domestic political instability and …

    Source: Korea Pro - Neutral
  • Published on Jan 20, 2025

    South Korea's central bank slashes forecasts over political crisis

    SEOUL: South Korea's central bank said on Monday (Jan 20) it had slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol's declaration of martial law last month. Yoon briefly suspended civilian rule on …

    Source: Channel News Asia - Pro-Government
  • Published on Jan 21, 2025

    Bank of Korea cuts growth view on political instability, Trump impact

    THE Bank of Korea (BOK) cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk-yeol’s short-lived martial law declaration continues to ripple through the economy alongside concern over the potential impact of Donald …

    Source: The Business Times Singapore - Neutral
  • Published on Jan 20, 2025

    S Korean central bank cuts forecast over political crisis

    South Korea’s central bank yesterday slashed its growth forecast for this year because of the political crisis triggered by South Korean President Yoon Suk-yeol’s declaration of martial law last month. The move came as the government unveiled a US$250 …

    Source: Taipei Times - Neutral
  • Published on Jan 20, 2025

    Bank of Korea downgrades 2025 GDP forecast

    SEOUL: South Korea’s central bank said on Monday its economic growth projection for 2025 was estimated between 1.6% and 1.7%, lower than the 1.9% it forecast in November. The cut of around 0.2 percentage points is due to political uncertainty triggered by …

    Source: Business Recorder - Neutral
  • Published on 18:18 GMT

    Korea’s growth slumps to 0.1% in Q4, 2% for 2024

    South Korea’s economy limped to a 0.1 percent quarterly growth rate in the final quarter of 2024, bringing full-year growth to a disappointing 2 percent, according to the Bank of Korea on Thursday. The fourth-quarter gross domestic product growth, sharply …

    Source: The Investor - Neutral
  • Published on 16:51 GMT

    S Korea’s economy shows tiny rise

    South Korea’s economy barely grew in the fourth quarter of last year as the country’s worst political crisis in decades hurt already weakened domestic demand and threaten to further sap growth in a year of rising external risks. Last month, consumer and …

    Source: Taipei Times - Neutral
  • Published on 19:34 GMT

    LG Electronics Q4 loss deepens on FX translation losses

    Seoul, Jan 23 (IANS): LG Electronics, South Korea's leading home appliance maker, said on Thursday its fourth-quarter net loss deepened from a year earlier as a weak won pushed up foreign exchange translation losses. The company posted a net loss of …

    Source: Daijiworld News - Neutral
  • Published on Jan 20, 2025

    S Korea's central bank slashes forecasts over political crisis

    Policemen stand guard in front of the main gate at the Seoul Western District Court in Seoul on January 20, 2025, after supporters of South Korean President Yoon Suk Yeol stormed the building on January 19. (Photo by Jung Yeon-je / AFP) Seoul: South …

    Source: The Peninsula - Gov't Propaganda
  • Published on 08:38 GMT

    South Korea’s Economy Grows 2% in 2024, Falling Short of BOK’s Forecast

    South Korea's economy grew by only 0.1 percent in the fourth quarter of last year, a fifth of the 0.5 percent growth the Bank of Korea (BOK) had forecast three months earlier. Domestic consumption and construction investment were hindered by sluggish …

    Source: Business Korea - Neutral
  • Published on 03:44 GMT

    S Korea's economy barely grows in Q4 as political crisis jolts 2025 outlook

    SEOUL :South Korea's economy barely grew in the fourth quarter of 2024, as the country's worst political crisis in decades hurts already weakened domestic demand and threatens to further sap growth in a year of rising external risks under a second …

    Source: Channel News Asia - Pro-Government
  • Published on 07:34 GMT

    South Korea’s growth slowed in Q4 amid political crisis

    SEOUL South Korea's economic growth slowed in the last quarter of 2024, data from the Central Bank showed on Thursday as the country struggled with the fallout from impeached President Yoon Suk Yeol's brief declaration of martial law. "GDP in …

    Source: Hurriyet Daily News - Pro-Government
  • Published on 07:11 GMT

    Asian stocks tick up but South Korea markets hit by bleak GDP data

    Stocks in emerging Asian markets edged higher on Thursday, helped by China, though South Korean shares were hit by weak economic growth, while Malaysia's ringgit hovered around a one-month high a day after the central bank held rates steady. A gauge of …

    Source: The Malaysian Star - Uncategorized
  • Published on 02:56 GMT

    South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low

    The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea's fourth-quarter GDP missed estimates Thursday, with weakness in consumption and the construction sector driving growth to a six-quarter low of 1.2%, year on year. Advance figures …

    Source: CNBC - Neutral
  • Published on 06:05 GMT

    Political crisis hits South Korea's growth, central bank reports slowdown

    Seoul: South Korea's economy showed signs of strain in the last quarter of 2024, with growth slowing to 0.1 percent quarter on quarter and 1.2 percent year on year, according to data from the Bank of Korea. This marks the lowest quarterly growth rate …

    Source: Mathrubhumi - Neutral
  • Published on 04:27 GMT

    South Korea GDP grows less than expected in Q4 as political crisis weighs

    Investing.com-- South Korea’s economy grew less than expected in the fourth quarter, central bank estimates showed on Thursday, as the country grappled with increased political upheaval.  Gross domestic product grew 0.1% quarter-on-quarter in the three …

    Source: Investing - Neutral
  • Published on 04:26 GMT

    Asia stocks: Japan rises ahead of BOJ, China rebounds on govt support

    Investing.com-- Most Asian stocks rose on Thursday, with Japanese markets drifting higher before a Bank of Japan meeting, while Chinese shares rebounded as the government outlined more support for equities.  Regional technology stocks were hit with some …

    Source: Investing - Neutral
  • Published on Jan 22, 2025

    South Korea Q4 GDP +0.1% q/q, weaker than forecast

    SEOUL : South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, amid the country's worst political crisis in decades, advanced central bank estimates showed on Thursday. Gross domestic product (GDP) expanded 0. …

    Source: Channel News Asia - Pro-Government
  • Published on 03:24 GMT

    South Korea’s economy struggles to grow amid political crisis

    South Korea’s economy continued to sputter last quarter after President Yoon Suk Yeol’s short-lived declaration of martial law battered consumer confidence just as businesses and policymakers were already fretting about the possibility of Donald Trump …

    Source: CNBC-TV18 - Center-left

04 days 07:11:27

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