Sam Kim
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Bank Of Korea Keeps Rate Unchanged To Extend Inflation Fight
The first decision of 2024 marked an eighth consecutive hold since the last hike a year ago.
- Thursday January 11, 2024
- Author: Sam Kim
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South Korea Joblessness Hits Two-Year High As Labor Force Grows
The reading comes a day before the central bank is widely expected to keep borrowing costs at the highest level in more than 15 years.
- Wednesday January 10, 2024
- Author: Sam Kim
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South Korea Joblessness Hits Two-Year High As Labor Force Grows
The reading comes a day before the central bank is widely expected to keep borrowing costs at the highest level in more than 15 years.
- Wednesday January 10, 2024
- Author: Sam Kim
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Bank Of Korea Expected To Keep Policy Restrictive For Now
BOK Governor Rhee Chang-yong has warned in recent weeks against prematurely relaxing the fight against inflation after the Fed signaled an earlier-than-expected pivot.
- Wednesday January 10, 2024
- Author: Sam Kim
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U.S. Overtakes China As South Korea’s Top Export Market
South Korea sold $11.3 billion in goods to the US in December compared with $10.9 billion to China, the trade ministry said Monday.
- Tuesday January 2, 2024
- Author: Sam Kim, Hooyeon Kim
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South Korea Exports Accelerate As Shipments To U.S. Overtake China
Headline exports rose 5.1%, compared with economists’ forecasts for a 3.7% increase.
- Monday January 1, 2024
- Author: Sam Kim
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South Korea Exports Accelerate As Shipments To U.S. Overtake China
Headline exports rose 5.1%, compared with economists’ forecasts for a 3.7% increase.
- Monday January 1, 2024
- Author: Sam Kim
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South Korea Chip Output Jumps In Sign Of Returning Global Demand
Chip production jumped 42% in November from a year earlier, the most since early 2017, while shipments soared 80%.
- Thursday December 28, 2023
- Author: Sam Kim
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South Korea Chip Output Jumps In Sign Of Returning Global Demand
Chip production jumped 42% in November from a year earlier, the most since early 2017, while shipments soared 80%.
- Thursday December 28, 2023
- Author: Sam Kim
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South Korea’s Exports Pick Up Momentum As Chips Bounce Back
Exports rose 7.8% from a year earlier, compared with economists’ forecasts for a 5% increase.
- Friday December 1, 2023
- Author: Sam Kim
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Sanctions Fail To Stop Kim Jong Un Snapping Up Luxury Watches, Bags
North Korea has resumed its buying of high-end watches, famous brand bags and designer clothes for Kim Jong Un, his family and aides despite an international ban on luxury good exports to the country, according to South Korea’s unification ministry.
- Thursday October 19, 2023
- Author: Shinhye Kang, Sam Kim, Seyoon Kim
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China Calls For Ceasefire After Hamas Attack on Israel
China said the latest escalation of violence after Hamas attacked Israel showed a long-term stagnation of the peace process is “unsustainable,” as it reiterated support for an independent Palestinian state.
- Monday October 9, 2023
- Author: Sam Kim
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China Calls For Ceasefire After Hamas Attack on Israel
China said the latest escalation of violence after Hamas attacked Israel showed a long-term stagnation of the peace process is “unsustainable,” as it reiterated support for an independent Palestinian state.
- Monday October 9, 2023
- Author: Sam Kim
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Bank of Korea Keeps Rate Restrictive as It Looks to Jackson Hole
The central bank kept its seven-day repurchase rate at 3.5% on Thursday as forecast by all 18 economists surveyed by Bloomberg.
- Friday August 25, 2023
- Author: Sam Kim, Hooyeon Kim
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Bank of Korea Keeps Rate Restrictive as It Looks to Jackson Hole
The central bank kept its seven-day repurchase rate at 3.5% on Thursday as forecast by all 18 economists surveyed by Bloomberg.
- Friday August 25, 2023
- Author: Sam Kim, Hooyeon Kim