Trends - Bank of Korea - Business Recorder

Bank of Korea

Bank of Korea flags downside risk to economic growth after martial law

SEOUL: South Korea’s central bank governor said on Wednesday there was downside risk to its forecasts for economic...

Published 18 Dec, 2024 12:28pm

World

South Korea court begins review of Yoon impeachment

SEOUL: South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President Yoon Suk Yeol...

Published 16 Dec, 2024 08:33am

Business & Finance

Bank of Korea vows to keep markets stable Yoon impeachment

SEOUL: South Korea’s central bank vowed on Sunday vows to keep markets stable after South Korean President Yoon Suk...

Published 15 Dec, 2024 10:13am

World

South Korea rushes to stabilise markets after Yoon’s martial law bid

SEOUL: South Korea’s finance ministry said on Wednesday it was ready to deploy “unlimited” liquidity into financial...

Published 04 Dec, 2024 01:24pm

Business & Finance

Asian currencies: Indonesian rupiah falls to two-week low

BENGALURU: Equities in Asian emerging markets were under pressure on Thursday after lacklustre earnings from US tech...

Updated 26 Jul, 2024 06:14am

Business & Finance

South Korea consumer inflation slows to 10-month low

SEOUL: South Korea’s consumer inflation slowed for a second straight month in May to a 10-month low, official data...

Published 04 Jun, 2024 10:51am

Business & Finance

South Korea holds interest rates steady, as widely expected

SEOUL: South Korea’s central bank extended its interest rate pause for an 11th straight meeting on Thursday as the...

Published 23 May, 2024 11:20am

Business & Finance

Most Asian currencies gain ahead of US jobs report

BENGALURU: Most Asian currencies and stocks clocked gains on Friday, with the South Korean won and equities leading...

Published 03 Feb, 2024 05:46am

Business & Finance

Most Asian currencies gain; US inflation data on tap

BENGALURU: Most emerging Asian currencies and equities posted modest gains on Thursday, with the South Korean won...

Published 12 Jan, 2024 03:06am

Markets

Asian currencies, stocks subdued; all eyes on US inflation data

The Philippine peso fell most among emerging Asian currencies against the greenback on Wednesday, while equities...

Published 10 Jan, 2024 11:45am

Business & Finance

Bank of Korea’s Rhee eyes warning signs of prolonged monetary tightening

SEOUL: Bank of Korea Governor Rhee Chang-yong said on Monday recent market concerns over a financially troubled...

Published 01 Jan, 2024 12:24pm

Markets

IMF sees uncertainty over Japan’s monetary policy, spillover globally

The International Monetary Fund on Thursday warned of “uncertainty” around the direction of Japan’s monetary policy,...

Published 04 May, 2023 11:01am

Markets

Bank of Korea Governor says rate gap with US one of many factors affecting won

SEOUL: Bank of Korea Governor Rhee Chang-yong on Tuesday said interest rate difference with the United States is...

Published 07 Mar, 2023 11:35am

Business & Finance

South Korea hikes rates again but slows pace

SEOUL: South Korea on Thursday raised its benchmark interest rate for the seventh time in a row as it struggles to...

Published 24 Nov, 2022 10:26am

Markets

South Korea expands corporate bond-buying programme

SEOUL: South Korea’s government will expand its corporate bond-buying program among other liquidity supply ...

Published 24 Oct, 2022 06:40am

Markets

South Korea to expand corporate-bond buying program

SEOUL: South Korea’s financial authorities will raise the ceiling for their corporate bond-buying facility to 16...

Published 23 Oct, 2022 12:01pm

Markets

Asian FX sell-off deepens; won rises on BOK hike

Most Asian currencies slipped on Wednesday, hurt by weak global market sentiment ahead of the minutes of the most...

Published 12 Oct, 2022 10:21am

Business & Finance

Bank of Korea’s Rhee says policy tightening unlikely to end before Fed

JACKSON HOLE, Wyo./SEOUL: The Bank of Korea (BOK) must keep raising interest rates until the rate of inflation is in...

Published 29 Aug, 2022 05:44am

Markets

Thai baht, won lead Asian currencies higher as dollar cools

Languishing Asian emerging currencies got a lift on Thursday as the US dollar took a breather ahead of the Federal...

Published 25 Aug, 2022 10:33am

Business & Finance

South Korea economy logs best annual growth in 11 years

SEOUL: South Korea's economy grew in 2021 at the fastest pace for 11 years thanks to robust exports and strong...

Published 25 Jan, 2022 10:32am

Markets

Bank of Korea likely to hike rates again over high inflation, household debt

BENGALURU: The Bank of Korea is likely to raise its policy rate back to where it was before the pandemic on Friday, ...

Published 13 Jan, 2022 12:35pm

Markets

South Korea central bank holds rates, flags a hike in November

SEOUL: South Korea's central bank kept interest rates steady on Tuesday, taking a breather after its first rate hike...

Published 12 Oct, 2021 11:29am

Markets

Malaysia shares weaken ahead of c.bank rate decision

Equities in the broader region came under pressure following a weaker overnight session on Wall Street

Published 09 Sep, 2021 11:59am

Markets

South Korean stocks fall after central bank rate hike; others flat ahead of Powell speech

Investors are also awaiting Federal Reserve chair Jerome Powell's speech at the Jackson Hole symposium for clues over any tapering of stimulus measures

Published 26 Aug, 2021 12:52pm

Business & Finance

South Korea July exports jump to record though growth pace slows

Imports soared 38.2% from a year earlier and compared to a 40.7% rise in June

Published 01 Aug, 2021 01:19pm

Markets

South Korea export-import bank to offer financial support of $2.7bn to Hyundai Motor

It did not specify what form of financial support it plans to offer Hyundai.

Published 01 Apr, 2021 11:09am

Markets

Bank of Korea to stand pat amid weak jobs sector

The bank in January flagged deep concerns about growing risks from a hot stock market rally and booming household debt.

Published 22 Feb, 2021 11:55am

Markets

Bank of Korea holds fire on rates as new financial risks emerge

But the number of jobs plunged at the sharpest rate in over two decades in December, a sign the recovery is still fragile amid the third wave of the coronavirus currently sweeping the country.

Published 15 Jan, 2021 09:56am

World

South Korea Dec jobs fall the most since 1999; 2020 unemployment at 19-year high

South Korean president last week pledged to expand support for those vulnerable to job insecurity, including temporary workers, daily labourers and youth.

Published 13 Jan, 2021 11:32am

Markets

BOK chief says will maintain easy policy until stable recovery seen in 2021

In future, the bank also should consider employment as an important factor when assessing monetary policy, Lee added.

Published 31 Dec, 2020 10:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	155.22
USD to Swiss Franc / Dec 18	0.90
Pound Sterling to USD / Dec 18	1.26
Euro to USD / Dec 18	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
India Sensex / Dec 18	79,372.61
Tokyo Nikkei / Dec 18	38,741.83
Nasdaq / Dec 18	19,392.69
Hang Seng / Dec 18	19,666.12
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57

Item	Value
Crude Oil USD/Barrel / Dec 18	70.19
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Gold Spot USD/Ounce / Dec 18	2,609.22
Cotton US¢/pound / Dec 18	68.06
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Faran Sugar (R) / Dec 19 Faran Sugar Mills Limited (R)(FRSMR)	10.43 ▲ 1.00 (10.60%)
Popular Islamic / Dec 19 Popular Islamic Modaraba(PIM)	13.48 ▲ 1.23 (10.04%)
Attock Cement / Dec 19 Attock Cement Pakistan Limited(ACPL)	285.20 ▲ 25.93 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Sardar Chemical / Dec 19 Sardar Chemical Industries Limited(SARC)	37.95 ▲ 3.45 (10.00%)
Thatta Cement / Dec 19 Thatta Cement Company Limited(THCCL)	185.52 ▲ 16.87 (10.00%)
Al-Khair Gadoon / Dec 19 Al-Khair Gadoon Limited(AKGL)	46.35 ▲ 4.21 (9.99%)

Stock	Price
Ahmad Hassan / Dec 19 Ahmad Hassan Textile Mills Limited(AHTM)	49.50 ▼ -5.50 (-10.00%)
J.A.Textile / Dec 19 J.A. Textile Mills Limited(JATM)	40.70 ▼ -4.52 (-10.00%)
Shadman Cotton / Dec 19 Shadman Cotton Mills Limited(SHCM)	26.80 ▼ -2.95 (-9.92%)
LSE Financial Serv. / Dec 19 LSE Financial Services Limited(LSEFSL)	18.10 ▼ -1.97 (-9.82%)
Ideal Sp. / Dec 19 Ideal Spinning Mills Limited(IDSM)	11.30 ▼ -1.20 (-9.60%)
Trust Sec.& Brok. / Dec 19 Trust Securities & Brokerage Limited(TSBL)	9.55 ▼ -1.00 (-9.48%)
Imperial Limited / Dec 19 Imperial Limited(IML)	18.25 ▼ -1.91 (-9.47%)
Dadabhoy Cement / Dec 19 Dadabhoy Cement Industries Limited(DBCI)	6.90 ▼ -0.72 (-9.45%)
Nazir Cotton Mills / Dec 19 Nazir Cotton Mills Limited(NCML)	11.51 ▼ -1.20 (-9.44%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	139,290,885 ▼ -0.07
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	67,462,895 ▼ -0.18
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.21
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -0.22
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	50,144,684 ▲ 0.91
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	46,773,842 ▼ -0.21
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 2.63
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▲ 0.10
Fauji Foods Ltd / Dec 19 Fauji Foods Limited(FFL)	21,856,915 ▼ -0.26

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