Bank of Korea

Bank of Korea 2/8/2012

20:49 : Bank of Korea keeps key rate on hold at 3.25% - SYDNEY (MarketWatch) -- South Korea's central bank kept its key rate on hold at 3.25% for an eighth straight month on Thursday. The move to hold steady was widely expected by economists surveyed by Dow Jones Newswires and Reuters.Market Pulse Stories ...

Source : marketwatch-com

Bank of Korea 2/7/2012

23:24 : S Korea Banks' Household Loans Fall By Record Amount In January - South Korean banks' lending to households fell the most on record in January because of lower mortgage loans amid sluggish housing transactions, the Bank of Korea said Wednesday.

Source : foxbusiness-com

Bank of Korea 1/26/2012

05:47 : Davos Today: Euro Crisis Hits Korean Growth - Jan. 26 - Central Bank of Korea Governor, Choong-Soo Kim, says contagion from Europe has affected Korea's export trade, but the country is diversifying.

Source : reuters-com

04:45 : South Korea's GDP grew 0.4% in Q4 on a quarterly basis, the slowest expans - South Korea's GDP grew 0.4% in Q4 on a quarterly basis, the slowest expansion in two years as the eurozone's debt crisis and a faltering global recovery hit exports. From a year earlier, growth was 3.4%. If the export slump continues, the Bank of ...

Source : seekingalpha-com

Bank of Korea 1/13/2012

04:24 : South Korea's 7-day repo rate remains unchanged - The Bank of Korea maintain the interest rate at its record low, as it is for the seventh straight month, and stressing on sustaining the growing risks from Europe\'s debt crisis, yet the weaker won threatens to stimulate inflation.Also, ...

Source : ibtimes-com

03:30 : South Korea's 7-day repo rate remains unchanged  - The Bank of Korea maintain the interest rate at its record low, as it is for the seventh straight month, and stressing on sustaining the growing risks from Europe's debt crisis, yet the weaker won threatens to stimulate inflation.Also, ...

Source : ibtimes-com

02:36 : China foreign reserves has its first fall in 14 years - Asian Market Update: China foreign reserves has its first fall in 14 years; BoK comments on RRR Economic Data - (CN) CHINA DEC FOREIGN EXCHANGE RESERVES: $3.18T V $3.2TE (first decline in reserves in 14 years) - (KR) Bank of ...

Source : fxstreet-com

Bank of Korea 1/12/2012

20:49 : South Korea holds rates steady, as widely expected - LOS ANGELES (MarketWatch) -- The Bank of Korea held its policy interest rate steady at 3.25% Friday, as expected, with consumer inflation remaining above the central bank's target range. However, reports said pressure ...

Source : marketwatch-com

Bank of Korea 1/5/2012

05:34 : HSBC poised to sell Korea retail unit to KDB - HSBC is in late-stage talks to sell its retail banking business in South Korea to KDB Financial as the UK lender moves forward with its global restructuring

Source : ft-com

Bank of Korea 12/29/2011

03:03 : 'Geopolitical risks' connected to North Korea have the potential to escala - "Geopolitical risks" connected to North Korea have the potential to escalate, the Bank of Korea said after today's board meeting, which could cause consumption and investment in the South to contract “severely.” ...

Source : seekingalpha-com

Bank of Korea 12/18/2011

23:50 : South Korean shares are diving in the wake of Kim Jong-il's death, the ... - South Korean shares are diving in the wake of Kim Jong-il's death, the Kospi off 3.5%. Dow Jones reports the Bank of Korea is holding an emergency meeting. Post your comment!

Source : seekingalpha-com

Bank of Korea 12/7/2011

20:42 : Bank of Korea keeps the rate steady - The Bank of Korea decided today to keep the interest rate steady at 3.25% for the sixth straight month in line with the expectations, as the downside risks from the EU debt crisis negative effect in addition to the slowing growth ...

Source : ibtimes-com

Bank of Korea 12/2/2011

09:37 : Bank of Korea Increases Gold Reserves by Massive Nearly $1 Billion or ... - Cross Currency Rates Gold is marginally higher in most currencies and is headed for its biggest weekly advance in six weeks after also seeing a gain of 1.8% in November. Gold’s technical picture has become positive again and is now aligned ...

Source : fxstreet-com

Bank of Korea 11/11/2011

01:37 : Cautious markets ahead of the weekend - Asian Market Update: Cautious markets ahead of the weekend; Korea and Peru hold interest rates Economic Data - (KS) BANK OF KOREA (BOK) LEAVES 7-DAY REPO RATE UNCHANGED 3.25%; AS EXPECTED - (JP) JAPAN ...

Source : fxstreet-com

Bank of Korea 11/10/2011

20:57 : Bank of Korea keeps interest rates steady - LOS ANGELES (MarketWatch) -- The Bank of Korea held its policy interest rate at 3.25% for a fifth meeting Friday, as widely expected. While Korea's last rate action was a quarter-point cut, made in June to address inflationary pressures, ...

Source : marketwatch-com

Bank of Korea 10/13/2011

04:27 : Korea holds rates for 4th month - Oct. 13 - The Bank of Korea holds interest rates steady for a 4th consecutive month, as it grapples with the opposing risks of weakening global growth, and stubbornly high prices at home. Arnold Gay reports.

Source : reuters-com

Bank of Korea 10/12/2011

20:25 : Bank of Korea reportedly keeps key rate at 3.25% - SYDNEY (MarketWatch) -- The Bank of Korea reportedly kept its key rate on hold at 3.25% for the fourth straight month. The move was widely expected given current market concerns about the prospects for the global economy, which have ...

Source : marketwatch-com

Bank of Korea 9/8/2011

01:22 : Asian equity markets opened positive - Asian Market Update: Australia's unemployment rises for the second consecutive month; Markets mixed ahead of Obama's jobs speech Economic Data - (AU) AUSTRALIA AUG UNEMPLOYMENT RATE: 5.3% V 5.1%E (second consecutive ...

Source : fxstreet-com

Bank of Korea 9/7/2011

20:33 : South Korea central bank keeps rates on hold - LOS ANGELES (MarketWatch) -- The Bank of Korea kept its benchmark policy interest rate on hold at 3.25% Thursday, meeting market expectations. The Korean central bank had been on a rate-hiking cycle in order to contain inflation, ...

Source : marketwatch-com

Bank of Korea 8/21/2011

18:08 : Four Deutsche Bank Employees Are Charged in South Korea - Prosecutors accused them of manipulating the South Korean market, which plummeted during a 10-minute period on one day in November, losing $27 billion in value.

Source : iht-com

Bank of Korea 8/20/2011

23:01 : Deutsche Bank South Korea Unit Indicted - South Korean prosecutors have indicted Deutsche Bank's South Korean securities unit and four Deutsche Bank employees concerning trading on Nov. 11.

Source : wsj-com

Bank of Korea 8/11/2011

01:42 : Switzerland considers gold franc - Asian Market Update: Switzerland considers gold franc; Australia unemployment rises to 5.1% from 4.9% in July, 1st increase since Oct 2010 Economic Data - (AU) AUSTRALIA JUL Unemployment ...

Source : fxstreet-com

Bank of Korea 8/10/2011

22:35 : Korea holds rates steady despite high inflation - LOS ANGELES (MarketWatch) -- The Bank of Korea kept its policy interest rate unchanged Thursday, as analysts had expected, with the central bank citing "the potential for continuing economic slowdown in major countries, the spread ...

Source : marketwatch-com

21:03 : BOK kept the interest rate steady at 3.25% - The Bank of Korea released today its decision about the benchmark for the month August. The BOK has kept the rates unchanged steady at 3.25%, where the actual reading came inline with both the previous reading and analysts\' expectations. ...

Source : ibtimes-com

Bank of Korea 8/2/2011

14:50 : Gold Prices Spike on Safe-Haven Appeal, South Korea Buy - NEW YORK (TheStreet ) -- Gold prices hit record highs Tuesday as the Bank of Korea bought more gold and as the Senate passed the debt ceiling deal. #xD; #xD; Gold for December delivery popped $22.80 ...

Source : thestreet-com

09:58 : Gold Prices Spike as South Korea Buys In - NEW YORK (TheStreet ) -- Gold prices were hitting record highs Tuesday as the Bank of Korea announced it bought gold for the first time since 1998, reminding investors of gold's large safe haven appeal as global ...

Source : thestreet-com

00:12 : Korean Central Bank Moves Into Gold - The Bank of Korea increased the amount of gold held as part of the country's foreign exchange reserves for the first time in 13 years, diversifying its portfolio away from the dollar and toward an investment class widely ...

Source : wsj-com

Bank of Korea 8/1/2011

23:31 : Bank of Korea buys gold for 1st time since crisis - South Korea's central bank bought gold for the first time in more than a decade as global growth and debt uncertainties encourage monetary authorities around the world to diversify foreign reserves.

Source : economictimes-indiatimes-com

22:42 : Bank of Korea buys gold for first time since '97-'98 crisis - SEOUL (Reuters) - South Korea's central bank bought gold for the first time in more than a decade as global growth and debt uncertainties encourage monetary authorities around the world to diversify foreign reserves.

Source : reuters-com

21:26 : Bank of Korea buys gold, first time since '97-'98 - South Korea's central bank bought 25 tonnes of gold over the past two months in its first purchase in more than a decade, saying the time was ripe to boost its gold holding, but markets barely moved on the news.

Source : ibtimes-com