News list for "In response"
The Bank of Korea is expected to cut its policy rate for the third time in a row next week in response to growing concerns fuelled by political instability over the president's impeachment. Nineteen of the 26 economists surveyed by the Wall Street Journal predicted the Bank of Korea would cut rates by 25 basis points to 2.75 per cent at its January 16 meeting. Suktae Oh and Kiyong Seong, economists at Socie ́ te ́ Ge ́ ne ́ rale, said: "Concerns about a slowdown in domestic demand as a resul...
According to Yonhap News Agency, the Bank of Korea plans to cut interest rates further next year in response to higher downside risks.
On October 31st, according to the South Korean Ministry of National Defense, in response to North Korea's launch of long-range ballistic missiles on the same day, the South Korean and US Air Forces conducted a large-scale joint air exercise on the 31st. During the exercise on the same day, the South Korean and US Air Forces dispatched more than 110 manned and unmanned military aircraft, including the South Korean Air Force F-35A, F-15K, KF-16 and other fighter jets equipped with precision-guided...
