Posts Tagged ‘south korean economy’

IMF cuts economic growth forecast for South Korea

Citing escalating fiscal woes in the euro zone, the International Monetary Fund (IMF) lowered its growth forecast for the South Korean economy this year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

South Korea’s central bank cuts policy rate to 3%

Nathan Andrada – Fourth Estate Cooperative Contributor Seoul, South Korea (4E) – The South Korean central bank surprised the markets on Thursday by lowering its key benchmark interest rate by 25 basis points citing worsening economic conditions in the U.S. and Europe, along with softening demand for local goods in emerging markets. Economists see this […]