South Korea government
Bank of Korea’s newly appointed chief pledges ‘balanced’ policy
Economic Adviser and Head of Research of the Bank for International Settlements Hyun Song Shin leaves after attending the G20 Finance Ministers, Central Bank Governors and Finance & Central Bank Deputies meetings, at the Mahatma Mandir in Gandhinagar on July 17, 2023. Punit Paranjpe | Afp | Getty Images South Korean economist Shin Hyun-song, best known for […]
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Former South Korean president Yoon Suk Yeol gets life sentence over martial law attempt
SEOUL, SOUTH KOREA – APRIL 21: Former South Korean President Yoon Suk Yeol arrives for his criminal trial on insurrection charges at a courtroom of the Seoul Central District Court on April 21, 2025 in Seoul, South Korea. The second trial regarding former President Yoon Suk-yeol’s charge of leading a rebellion hold at the Seoul […]
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South Korea grows 1.5% in fourth quarter, missing forecasts as domestic demand weakens
INCHEON, SOUTH KOREA – MAY 22: Shoppers look at goods at a Wal-Mart store May 22, 2006 in Incheon, South Korea. Chung Sung-jun | Getty Images News | Getty Images South Korea’s economic growth slowed in the final quarter of last year amid weakening domestic demand as the impact from fiscal stimulus dissipated. The economy […]
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South Korea court sentences ex-President Yoon to 5 years in prison for obstruction
SEOUL, SOUTH KOREA – APRIL 21: Former South Korean President Yoon Suk Yeol arrives for his criminal trial on insurrection charges at a courtroom of the Seoul Central District Court on April 21, 2025 in Seoul, South Korea. The second trial regarding former President Yoon Suk-yeol’s charge of leading a rebellion hold at the Seoul […]
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South Korea’s special prosecutor seeks death penalty for ex-president Yoon over martial law bid
Yoon Suk Yeol, South Korea’s president, arrives for a hearing at the Constitutional Court of Korea in Seoul, South Korea, on Tuesday, Jan. 21, 2025. Bloomberg | Bloomberg | Getty Images South Korea’s special prosecutor has requested the death penalty for former president Yoon Suk Yeol over his short–lived martial law declaration in 2024. The […]
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South Korea’s Lee begins China state visit after North fires missiles
South Korea’s President Lee Jae Myung (R) and his wife Kim Hea Kyung (L) board their plane to depart for China at Seoul Air Base in Seongnam on Jan. 4, 2026. Jung Yeon-je | Afp | Getty Images South Korean President Lee Jae Myung began a state visit to China on Sunday, hoping to promote peace on […]
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South Korea’s Lee vows ‘strict accountability’ for martial law perpetrators a year after Yoon’s ‘self-coup’ attempt
SEOUL, SOUTH KOREA – DECEMBER 03: President Lee Jae Myung speaks during a press conference to mark the first anniversary of former President Yoon Suk Yeol’s brief imposition of martial law, at Yeongbingwan of Blue House on December 03, 2025 in Seoul, South Korea. A year has passed since then-President Yoon Suk Yeol declared a […]
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South Korea headline inflation at 2.4% y/y, bolstering case for rate pause
Stalls at the Gwangjang traditional market in Seoul, South Korea. Eric Lafforgue/art In All Of Us | Corbis News | Getty Images South Korea’s consumer prices rose 2.4% in November from a year earlier, driven by higher food and services costs, bolstering the case for the Bank of Korea to maintain interest rates at the current level for […]
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Bank of Korea holds rate at 2.5% as tighter property rules kick in
Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% Thursday, extending a […]
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South Korea’s former first lady imprisoned after court issues warrant
South Korea’s former first lady Kim Keon Hee arrives at the special prosecutor’s office in Seoul, South Korea, August 6, 2025. Kim Hong-Ji | Reuters South Korea’s former first lady Kim Keon Hee has been arrested after a court late Tuesday issued a warrant to arrest her following accusations of graft that she denies, a special […]
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