Korea
Bank of Korea to further cut policy rate to 2.75%
Nomura expects a 25bp cut in October that will remain on hold throughout 2013.
Bank of Korea to further cut policy rate to 2.75%
Nomura expects a 25bp cut in October that will remain on hold throughout 2013.
Korea's August inflation to dip 1.5%
Good news food prices will remain resilient amid rise in global grain prices.
Korea unveils new tax on derivatives trades
This move is in hopes of boosting tax revenues by 100 billion won per year to buoy its aging population.
Bank of Korea to slash rates again to 2.75%
Blame it on consistently nasty economic conditions that pressure BOK to add stimulus.
Further 25bps rate cut looms in Korea
Inflation rapidly easing to 1.5% provides room for Bank of Korea to cut rates to 3%.
Korea exports slip hits three-year low
Blame the 8.8% decline on massive slump in bulk value of ship exports.
Possibility of rate cut in Korea rises
Growth is slowing more than expected while the predicted recovery is being delayed, says DBS.
Korea inflation hits twelve-year low
A further 25bp rate cut by the Bank of Korea looms ahead in 3Q12.
Korea business confidence slumps to four-year low
Blame it on exports and domestic shipments falling sharply with new orders.
Korea's 2012 growth estimate cut further to 2.7%
This is significantly lower than the 3.6% projected in the year beginning, says DBS.
South Korea's current account surplus inches up to US$3.7bn
Financial account of South Korea registered a US$5.3 billion deficit.
South Korea Q2 GDP disappoints
The economy will gain stronger momentum in the second half of 2012, says BOK.
Korea consumer confidence hits five-month low
Bank of Korea had cut interest rates and released US$7bn in stimulus but Koreans remained unhappy.
Lending of South Korean banks need improved supervision
Board of Audit and Inspection says some lenders failed to pass on interest rate cuts to customers during the 2008-09 crisis.
Korea's GDP estimate forecast to show economic slowdown
There are increasing risks that the expected recovery will be later or weaker than currently assumed, says DBS.
Korea's 2Q12 GDP to dip 2.6%
The recent 25bps rate cut is of little help.
South Korea denies preparing supplementary budget
The Finance Ministry however says the government may delay plans for a balanced budget to 2014.
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