September 3, 2024

(LEAD) BOK chief says time to consider rate cut as inflation cools

Bank of Korea (BOK) Gov. Rhee Chang-yong said Tuesday the time has come to “sufficiently consider” a rate cut as the nation’s consumer inflation cooled.

“In terms of stability of consumer prices, it is time to sufficiently consider lowering a benchm…

NewJeans members express distress over label’s CEO change

Six days after the dismissal of Min Hee-jin as CEO of their label, ADOR, members of the K-pop girl group NewJeans broke their silence on the issue, expressing concerns and emotional distress.

“Since the CEO was dismissed, it’s been difficult in many…

PM rejects opposition-led suspicions of martial law plan

Prime Minister Han Duck-soo on Tuesday rejected opposition-led suspicions that the government is preparing to declare martial law with plans to arrest lawmakers who could make it void.

Chairman Lee Jae-myung of the main opposition Democratic Party (…