Day: June 14, 2024

(EDITORIAL from Korea Herald on June 14)

South Korea’s financial authorities are now expected to ponder the timing of a rate cut in a more cautious way as the U.S. Federal Reserve decided Wednesday (U.S. time) to freeze the benchmark interest rates at between 5.25-5.5 percent for a seventh-…

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S. Korea’s trade terms improve for 6th month in May

South Korea’s terms of trade rose for the sixth consecutive month in May as export prices rose and import prices fell, central bank data showed Friday.

The country’s net terms-of-trade index for goods — a gauge of overall trade terms — improved 4….

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