Korea Joongang Daily
Korea JoongAng Daily

Won and stocks fall as a soft landing looks less likely by the day

Korean stocks dropped Tuesday as the global selloff continued and ahead of what is expected to be a big rate increase by the central bank Wednesday.

2022-10-11

Korea’s first ‘big-step’ hike and the greed (KOR)

The government must navigate a soft-landing of the household debt and find measures to help ease the growing financing burden for the weak class.

2022-07-15

Korea’s first ‘big-step’ hike and the greed

The government must navigate a soft-landing of the household debt and find measures to help ease the growing financing burden for the weak class.

2022-07-14

Central bank raises rates by a record half point as inflation rages

The Bank of Korea raised the base interest rate by a historic 50 basis points to 2.25 percent on Wednesday.

2022-07-13