BOK governor named chair of BIS financial system committee

Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Int...

Korean economy unlikely to rebound in H2; BOK may keep rate

South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish global semiconductor indu...

Korea lawmakers confirm IMF veteran as new BOK chief

South Korea’s lawmakers gave the nod to the nomination of veteran International Monetary Fund official Rhee Chang-yong as the country’s ...

Korea names IMF official as new central bank head

South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as the country’s new central bank chief, who i...

IMF warns against South Korea's debt explosion

South Korea needs to closely monitor government spending to avoid a future debt explosion given its rapidly aging population, according to a senior ...

IMF official warns against S.Korea’s short-sale ban

A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...