October 15, 2023

BOK expected to stand pat this week over growth risks: experts

South Korea’s central bank is expected to keep its benchmark rate unchanged at 3.5 percent for the sixth consecutive time this week, with inflation continuing to ease amid lingering concerns about growth, according to experts Sunday.According to a sur…

Gwanghwamun’s ‘woldae’ to be unveiled after restoration

The ceremonial stage located in front of Gyeongbok Palace’s Gwanghwamun gate in Seoul will open to the public Sunday after being restored to its original state for the first time in about a century.The Cultural Heritage Administration (CHA) will hold …

Foreigners turn net sellers of S. Korean stocks for 15 sessions

Foreign investors have dumped South Korean stocks for 15 consecutive trading days, the longest streak logged since 2020, according to the bourse operator Sunday.Foreigners offloaded a net 2.5 trillion won (US$1.8 billion) on the benchmark Korea Compos…