360° SearchNetwork Hot Spots Trends Time Series

Advanced Search Options >>

Bank of Korea

Type: Organization

Name: Bank of Korea

Nationality: South Korea

Web Address: http://www.bok.or.kr/eng/engMain.action

Fact Sheet: Fact Sheet for Bank of Korea

First reported May 24 2013 - Updated 15 hours ago - 2 reports

Federal Reserve System

Asian Currencies Set for Third Weekly Decline on Fed Concern

Asian currencies headed for a third weekly loss on concern the Federal Reserve will scale back stimulus that has spurred fund flows to emerging markets.The Bloomberg-JPMorgan Asia Dollar Index touched a six-week low yesterday after Federal Reserve Chairman ... [Published Bloomberg - May 24 2013]

Entities: Index, Ben Bernanke, Federal Reserve System, Amando Tetangco, Jr.

First reported 20 hours ago - Updated 20 hours ago - 1 reports

Bank of Canada

What’s next for the yen?

In my April column titled “How high for the USD/JPY?” I argued that “…108.00 may be a realistic target. The key for U.S. dollar bulls remains the extent of the next corrective pullback before renewing the gains.” Since then, the pair has rallied to break ... [Published Futures Magazine - 20 hours ago]

Entities: Inflation, Bank of Canada, Bank of Japan, Federal Reserve System, Reserve Bank of New Zealand

First reported May 24 2013 - Updated 23 hours ago - 4 reports

Shanghai Stock Exchange

BOK chief sees more losses

Bank of Korea Governor Kim Choong-soo said major countries’ stock markets will continue to fall because many countries are “fixing unorthodox monetary policies.”His remarks were made a day after Japan’s Nikkei fell 7.32 percent Thursday, the biggest drop ... [Published Korea Joongang Daily - 23 hours ago]

Entities: Ben Bernanke, Shanghai Stock Exchange, Federal Reserve System, Stock Market

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Ben Bernanke

BOK Chief: Simultaneous plunges among major bourses likely

Seoul's central bank chief says the world must be prepared for several financial turmoils as 'unconventional' monetary policies sought in the U.S., Japan and other countries would lead to not just one but repeated financial turmoils when they stop pumping ... [Published Arirang - May 24 2013]

Entities: Kim Choong-soo, Bank of Korea, Nikkei Index, Ben Bernanke

First reported May 23 2013 - Updated May 24 2013 - 5 reports

KDI cuts S. Korea$$s 2013 growth from 3.0 % to 2.6 %

The South Korea-based state-run think tank Korea Development Institute (KDI) downgraded its outlook for the nation’s economic growth from 3.0 percent to 2.6 percent. The downgrade reveals the KDI’s downbeat view that the government’s supplementary budget ... [Published Maekyung - May 24 2013]

Entities: South Korea, Korea Development Institute, Economic Growth, Bank of Korea

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Bank of Korea

S. Korea's trade terms improve in April

SEOUL, May 24 (Yonhap) -- South Korea's terms of trade improved in April as import costs fell at a steeper pace than export prices amid a fall in oil prices, the central bank said Friday.The country's net terms-of-trade index for goods -- a gauge of trade ... [Published Yonhap News Agency - May 24 2013]

Entities: Bank of Korea, Seoul, South Korea

First reported May 24 2013 - Updated May 24 2013 - 1 reports

Federal Open Market Committee

S.Korea BOK Kim warns of risks from global cen banks unwinding policy

SEOUL, May 24 (Reuters) - South Korea's central bank chief warned on Friday that financial markets could suffer from turmoil when the world's major central banks wind down their unconventional monetary stimulus. "(Markets) could experience turmoil not ... [Published Sharenet - May 24 2013]

Entities: South Korea, Kim Choong-soo, Bank of Korea, Federal Open Market Committee

First reported May 24 2013 - Updated May 24 2013 - 1 reports

2%-level growth predicted despite extra budget, rate cut

. MAY 24, 2013 06:11. . The state-run Korea Development Institute significantly cut this year’s economic growth target to 2.6 percent. The think tank predicted that the Korean economy will inevitably face low growth rate at the 2 percent level this year ... [Published Donga.com - May 24 2013]

Entities: Korea Development Institute, Economic Growth, Rate Cut

First reported May 23 2013 - Updated May 23 2013 - 1 reports

Household debt level eases

Overall household debt, including credit card purchases, shrank during the first quarter and posted its slowest year-on-year growth since the third quarter of 2011, the Bank of Korea reported yesterday.Household debt totaled 961.6 trillion won ($853 billion), ... [Published Korea Joongang Daily - May 23 2013]

Entities: Bank of Korea, Debit Card, Taxes, Seoul

First reported May 23 2013 - Updated May 23 2013 - 2 reports

financial market-turnover rates

SEOUL, May 23 (Yonhap) -- The South Korean financial market saw its turnover rates fall in March from two months earlier, data showed Thursday, apparently as investors took a wait-and-see stance amid the economic slump.The country's deposit circulation ... [Published GlobalPost - May 23 2013]

Entities: Financial Market, South Korea, Bourse, Turnover

First reported May 23 2013 - Updated May 23 2013 - 2 reports

S. Korea's household credit falls on weak domestic demand

SEOUL, May 23 (Xinhua) -- South Korea's household credit fell the most in four years as card spending among consumers reduced amid the weak domestic demand, central bank data showed Thursday.Household credit outstanding was 961.6 trillion won (852 billion ... [Published Xinhua News Agency - May 23 2013]

Entities: Bank of Korea, Credit Unions, Seoul, Mortgages

First reported May 23 2013 - Updated May 23 2013 - 2 reports

S. Korea's FX turnover jumps on foreign bond purchases

SEOUL, May 23 (Xinhua) -- Foreign exchange banks in South Korea saw their FX turnover jump in the first quarter due to a rise in local bond purchases by foreigners, central bank data showed Thursday.The daily average FX trading volume by domestic banks ... [Published Xinhua News Agency - May 23 2013]

Entities: Turnover, US Dollar, South Korea, Bank of Korea

Quotes

"Investors prefer to hold safer assets after Bernanke’s comments on the QE exit plan" said Son Eun Jeong, an analyst at Woori Futures Co. in Seoul

Korean Won Set for Third Weekly Drop on Fed Stimulus Concern [Published BusinessWeek - May 24 2013]

...The domestic economy has been hit by a delayed recovery in global demand. "If you look at the FOMC minutes (on recent meetings), opinion is becoming more diverse among the members" he said, referring to remarks by an increasing number of members at the Federal Open Market Committee pointing to the need for a possible consideration...

S.Korea BOK Kim warns of risks from global cen banks unwinding policy [Published Sharenet - May 24 2013]

"(The central bank) needs to operate its policy in a flexible manner depending on future inflation and economic conditions while keeping the currently accommodative stance for the time being" the KDI said

UPDATE 1-S.Korea needs to keep easy policy for while: think tank [Published Reuters UK - May 23 2013]

"The macroeconomic policy should maintain its countercyclical stance for the time being" the KDI report said, referring to the government's stimulus steps and the central bank's rate cuts to fight a slowdown

South Korea Think-Tank Lowers 2013 GDP Growth Forecast [Published 4 Traders - May 23 2013]

More Content

sort by: Date \| Relevance
Rate Cuts Not Helping These ETFs …Yet [Published Yahoo! Finance - 6 hours ago]
What’s next for the yen? [Published Futures Magazine - 20 hours ago]
BOK chief sees more losses [Published Korea Joongang Daily - 23 hours ago]
Banker Trade Deals, Price-Fixing Suits, U.K.: C... [Published La Repubblica - May 24 2013]
Global stock markets fall after 7 percent colla... [Published World Socialist Web Site - May 24 2013]
TradeTheNews.com Asian Market Update: Japan sto... [Published Global-View.com - May 24 2013]
Asian Currencies Set for Third Weekly Decline o... [Published Bloomberg - May 24 2013]
BOK Chief: Simultaneous plunges among major bou... [Published Arirang - May 24 2013]
KDI cuts S. Korea$$s 2013 growth from 3.0 % to ... [Published Maekyung - May 24 2013]
BOK Chief: Key Stock Markets Likely to See Join... [Published Korea Broadcasting System - May 24 2013]
S. Korea's trade terms improve in April [Published Yonhap News Agency - May 24 2013]
Korean Won Set for Third Weekly Drop on Fed Sti... [Published BusinessWeek - May 24 2013]
BOK head-global stock markets [Published GlobalPost - May 24 2013]
S.Korea BOK Kim warns of risks from global cen ... [Published Sharenet - May 24 2013]
Global markets to see gyrations on easy policy ... [Published Yonhap News Agency - May 24 2013]
2%-level growth predicted despite extra budget,... [Published Donga.com - May 24 2013]
Woori Bank chief adds chairman title [Published Korea Joongang Daily - May 23 2013]
FSC chief maps out Park policies [Published Korea Joongang Daily - May 23 2013]
Household debt level eases [Published Korea Joongang Daily - May 23 2013]
2 CEOs tell zero-to-hero stories [Published Korea Times - May 23 2013]
S. Korea's household credit falls on weak domes... [Published Xinhua News Agency - May 23 2013]
Leading Economic Institute Slashes 2013 Economi... [Published Korea Broadcasting System - May 23 2013]
Fed Pours Huge Sums Into Foreign Bank Coffers [Published The Big Picture Blog - May 23 2013]
UPDATE 1-S.Korea needs to keep easy policy for ... [Published Reuters UK - May 23 2013]
S. Korea's FX turnover jumps on foreign bond pu... [Published Xinhua News Agency - May 23 2013]
Korea's Short-term Debt Share in Total Falls to... [Published KOREA IT TIMES - May 23 2013]
South Korea Think-Tank Lowers 2013 GDP Growth F... [Published 4 Traders - May 23 2013]
S.Korea top think tank cuts growth, inflation f... [Published Reuters UK - May 23 2013]
S. Korea's household credit dips most in 4 year... [Published Yonhap News Agency - May 23 2013]
Banks' daily FX turnover hits over 4-year high ... [Published Yonhap News Agency - May 23 2013]

Blogs

sort by: Date \| Relevance
Fed Pours Huge Sums Into Foreign Bank Coffers [Published The Big Picture Blog - May 23 2013] Why Is the Fed Bailing Out the World … On Our Dime? We noted even before the TARP bailout law was signed into law that bailout moneys could flow to foreign banks. We were right. A large percentage of the bailouts went to foreign banks (and ...
Monetisation on steroids [Published The Cobden Centre - May 14 2013] Back in mid-March I made the latest of my somewhat rare specific, near-term market predictions, in this case that a US stock market correction or even a crash was imminent. Now some six weeks and a further 5% rally later, I revisit this view. Why, amid ...
The Israeli Shekel Is Plunging After An Unsched... [Published Clusterstock - May 13 2013] The Israeli shekel is tumbling against the U.S. dollar this morning after the Bank of Israel announced an unscheduled, inter-meeting interest rate cut to 1.5% from 1.75%. The dollar rose to as much as 3.6158 after the announcement from levels around ...
EURO’s Survival – A Tale Of Two Ideas [Published OANDA Forex Blog - May 13 2013] Now what? The FX market has got what it been coveting for many months, albeit a few weeks earlier than originally planned – USD/Yen trading north of the psychological 100 print. The pair, currently meandering through ‘no-mans territory’ is more influenced ...
Succinct Summation of Week Events (May 10, 2013) [Published The Big Picture Blog - May 10 2013] Succinct Summations week ending May 10, 2013. Positives : 1. S&P 500 and the Dow continue their ascent, both hitting new all-time highs. 2. U.S. weekly jobless claims come in at their lowest reading since January 2008. 323K v expectations of 335k ...