All posts tagged "bank of korea"

  • Jung Yung-taek, BOK director general (YONHAP)
    Korean economy grows at fastest rate in two years

    (Yonhap) The nation’s economy grew at the fastest clip in more than two years in the third quarter on recovering domestic demand and an increase in facility investment, the central bank said Thursday. Korea’s gross domestic product (GDP),...

    • Posted December 5, 2013
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  • cards
    Koreans’ overseas card spending hits record high

      Koreans’ overseas credit card spending rose to a record high in the third quarter as the number of outbound travelers increased amid the local currency’s ascent, the central bank said Friday. Overseas credit card bills totaled...

    • Posted November 29, 2013
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  • Korea has recorded a surplus for 20 consecutive months through September, and exports in October surpassed $50 billion for the first time ever. (Korea Times file)
    Korea to top Japan in account surplus for first time

    By Kim Rahn   Korea’s current account surplus is likely to exceed that of Japan for the first time ever this year, backed by the country’s strong automobile and IT exports and increased energy imports by the...

    • Posted November 4, 2013
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