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Bank of Korea holds key rate at 2.75% amid rising global uncertainty

The Bank of Korea (BOK) has decided to keep its benchmark interest rate unchanged at 2.75%, signaling a shift toward a wait-and-see approach amid growing domestic and global uncertainty. At its monetary policy meeting on April 16, the central bank’s Monetary Policy Board announced it would hold the current rate, pausing a streak of rate cuts. The BOK had pr..

Seoul city to provide 900 billion won COVID relief for small businesses
AsiaToday reporter Kim In-heeThe Seoul city government has announced a new relief package worth some 900 billion won, or about 810 million dollars, for sma..

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