ROK's economy grows 0.8% in Q1

April 23, 2015 by · Comments Off on ROK's economy grows 0.8% in Q1 

SEOUL, April 23 — Economic growth of the Republic of Korea stayed below one percent for four straight quarters due to the sluggishness in exports and private consumption, boosting worries about a prolonged trend of low growth, central bank data showed Thursday.

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S.Korea's central bank revises down 2015 growth outlook

January 15, 2015 by · Comments Off on S.Korea's central bank revises down 2015 growth outlook 

SEOUL, Jan. 15 — South Korean central bank on Thursday revised down its 2015 growth outlook to 3.4 percent from an earlier forecast of 3.9 percent.

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S. Korea freezes policy rate at 2 percent

January 15, 2015 by · Comments Off on S. Korea freezes policy rate at 2 percent 

SEOUL, Jan. 15 — South Korea's central bank froze its policy rate Thursday at a record low of 2 percent, refraining from altering the rate for three straight months.

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