SEOUL] South Korea’s parliament approved a 31.8 trillion won (S$30 billion) extra budget as new President Lee Jae Myung seeks ...

South Korea's parliament approved a supplementary budget on Friday of 31.8 trillion won ($23.3 billion), supporting President ...

Bank of Korean Governor Rhee Chang-Yong discusses government plans for Won-denominated stablecoins, monetary policy, the ...

The average daily trading volume of Korea's foreign exchange (FX) market has increased 16.3 percent from a year earlier since ...

The fourth-largest economy in Asia is widely seen as losing steam.

The South Korean government’s crypto promises have reportedly derailed the Bank of Korea’s CBDC, as banks partaking in the ...

South Korea's weakening growth trajectory could eventually impact its sovereign credit rating, according to a senior analyst ...

The Bank of Korea said it’s revamping its liquidity tools as it seeks to boost its ability to respond during periods of ...

South Korea is scrapping a 14-year-old ban on local institutions investing in so-called Kimchi bonds sold for domestic use, ...

A board member of South Korea's central bank on Wednesday expressed concern about financial stability risk stemming from ...

The Bank of Korea (BOK) suspended its central bank digital currency project, Singaporean financial newspaper Business Times ...

Bank of Korea halts CBDC project as support grows for won-pegged stablecoins. Eight major banks now plan a stablecoin launch.