Nat’l consumer inflation up 5.9 pct in Q3
South Korea’s nationwide consumer prices rose 5.9 percent on-year in the third quarter of the year due to higher energy and dining-out costs, data showed Monday. The figure marked an…
November 21, 2022
Foreign currency deposits up in Oct. on rise in dollar savings
Foreign currency deposits at banks in South Korea expanded in October as dollar savings spiked amid the greenback’s ascent in value, central bank data showed Monday. Residents’ outstanding foreign currency-denominated…
Incheon airport’s flights to exceed pre-pandemic levels in 2023
The number of flights at Incheon International Airport, the gateway to Seoul, in next year’s summer season is expected to exceed the pre-pandemic levels, the airport’s operator said Monday. Incheon…
Yoon’s office considers suing opposition lawmaker over alleged false claim against first lady
The office of President Yoon Suk-yeol is looking into suing an opposition lawmaker on charges of defaming first lady Kim Keon-hee with claims that her photos with a sick Cambodian…
S. Korean military says no info on N. Korea’s Hwasong-17 ICBM deployment
The South Korean military said Monday it does not have any information indicating that North Korea has deployed its latest Hwasong-17 intercontinental ballistic missile (ICBM) that was test-fired last week.…
BOK buys repos to inject liquidity into market
South Korea’s central bank said Monday it has bought repurchase agreements (repos) as part of efforts to inject liquidity into the market. The Bank of Korea (BOK) bought 2.5 trillion…