Policy & Regulation
- South Korea’s September Inflation Eased, but Price Pressure Persisted
Inflation slowed to 2.9% in September, yet the Bank of Korea warned that the underlying pace of price increases had widened.
- OECD and ADB Raise South Korea’s 2026 Growth Outlook
The OECD and ADB now expect stronger Korean growth this year, led by exports, while both forecast a slower pace in 2027.
- Twelve Seoul Apartment Sales Hit Three-Year Highs in a Single Day of Filings
Sept 18 filings to Korea's land ministry show 12 Seoul apartment deals at three-year highs, from 500 million won in Gangbuk to 2.55 billion won in Gangnam.
- Korea Rolls Out Chuseok Food Discounts of Up to 64% to Tame Holiday Costs
Korean ministries and Nonghyup are cutting holiday food prices ahead of Chuseok, with beef discounts up to 52%, seafood 50%, and processed foods 64%.
- Landlords in Diapers: 179 Korean Preschoolers Earned Rental Income
179 South Korean children aged five or under, some still in diapers, earned rental income from property handed down by parents and grandparents.
- Won Hits 14-Month High Against Dollar as Yen Strength Drags Rate Into 1,340 Range
The won-dollar exchange rate fell into the 1,340-won range intraday for the first time in 14 months, lifted by yen strength and exporter dollar selling.
- Korea's Finance Nominee Lee Hyung-il Puts Inflation First, Housing for Residents
Deputy PM nominee Lee Hyung-il named inflation his top task, pledged extra Chuseok price steps and backed a residence-centered housing market on September 2.
- Bank of Korea Chief Points to Gradual Rate Hikes Over the Next Six Months
After a 6-1 vote for a second straight rate increase, Governor Hyun Song Shin says he expects gradual hikes ahead, with board forecasts topping out at 3.50%.
- Korea's 3-Year Treasury Yield Falls to 3.816% Ahead of Bank of Korea Rate Decision
Korea's 3-year government bond yield fell for a third straight session to 3.816% on Aug. 26 as markets braced for the Bank of Korea's rate decision.
