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(URGENT) BOK chief says it's unlikely to hold temporary rate-setting meeting next month

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Truckers go on strike for 2nd time this year amid supply disruption woes

SEOUL, Nov. 24 (Yonhap) -- Unionized truckers in South Korea launched a nationwide strike Thursday, the second of its kind in less than six months, stoking worries over supply disruptions amid post-pandemic recovery efforts. The government vowed to t
(URGENT) BOK to discuss rate cut after clear signs of inflation falling to target range

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(URGENT) 3 monetary policy members see 3.5 pct as 'terminal' interest rate level: BOK chief

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(URGENT) BOK chief says rate hike decision was 'unanimous'

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(2nd LD) BOK hikes policy rate by quarter point, lowers growth projection for next year

(ATTN: ADDS BOK's statement on rate hike decision in paras 5-6, RECASTS para 14)By Koh Byung-joonSEOUL, Nov. 24 (Yonhap) -- South Korea's central bank raised its policy rate by a quarter percentage point Thursday to tame persistently high inf
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HJ Shipbuilding wins 212 bln-won order for 4 Navy patrol boats

BUSAN, Nov. 24 (Yonhap) -- South Korean shipyard HJ Shipbuilding & Construction Co. said Thursday it has clinched a 212 billion-won (US$159 million) order to build four high-speed patrol ships for the country's Navy.HJ Shipbuilding & Construction
Full text of BOK statement on monetary policy decision in November

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SEOUL, Nov. 24 (Yonhap) -- The following is the full text of the Bank of Korea's statement on its monetary policy decision. The central bank's monetary policy board voted Thursday to raise the key interest rate by 25 basis points to 3.25 perc
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(LEAD) BOK hikes policy rate by quarter point, lowers growth projection for next year

(ATTN: UPDATES with growth, inflation outlooks in paras 10-11, market projection on Fed's future action in penultimate para; CHANGES headline)By Koh Byung-joonSEOUL, Nov. 24 (Yonhap) -- South Korea's central bank raised its policy rate by a q
(URGENT) BOK lowers 2023 inflation outlook to 3.6 pct from 3.7 pct

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(URGENT) BOK lowers 2023 growth outlook to 1.7 pct from 2.1 pct

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BOK hikes policy rate by quarter point to 3.25 pct

By Koh Byung-joonSEOUL, Nov. 24 (Yonhap) -- South Korea's central bank raised its policy rate by a quarter percentage point Thursday to tame persistently high inflation but slowed the pace of monetary tightening amid worries over high borrowing c
(URGENT) BOK hikes policy rate by quarter point to 3.25 pct

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Top headlines in major S. Korean newspapers

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SEOUL, Nov. 24 (Yonhap) -- The following are the top in major South Korean newspapers on Nov. 24.Korean-language dailies-- Rival parties agree to launch parliamentary probe into Itaewon crowd crush (Kyunghyang Shinmun)-- Rival parties agree to parli
Producer prices up in Oct. on higher electricity, gas bills

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SEOUL, Nov. 24 (Yonhap) -- South Korea's producer prices rose for the second straight month in October, as high energy and gas prices drove up manufacturing costs, central bank data showed Thursday.The producer price index, a major barometer of c
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Corporate direct financing dives 49 pct in Oct. amid rate hikes

SEOUL, Nov. 24 (Yonhap) -- Corporate direct financing in South Korea fell 49 percent in October from the previous month as rate hikes weighed on corporate activities, data showed Thursday.Local companies raised a combined 8.79 trillion won (US$6.51 b
6 companies to recall nearly 63,000 vehicles over faulty parts: gov't

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SEOUL, Nov. 24 (Yonhap) -- Six auto companies, including Mercedes-Benz Korea and Kia Corp., will recall 62,967 vehicles over faulty components, the land ministry said Thursday.Mercedes-Benz Korea will recall 31,195 vehicles from seven models, includi
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Hanwha, Korea Zinc ink partnership on green energy, minerals development

SEOUL, Nov. 23 (Yonhap) -- Hanwha Corp., the de facto holding company of South Korean defense-to-chemicals conglomerate Hanwha Group, said Wednesday it is joining hands with major non-ferrous metal smelter Korea Zinc Inc. for collaboration in areas i
S. Korea to raise low-rate loan ceiling for Kenya to US$1 bln

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SEOUL, Nov. 23 (Yonhap) -- South Korea plans to raise the ceiling of its low-interest rate loans to Kenya to US$1 billion to support the African nation's infrastructure projects, the finance ministry said Wednesday.South Korea and Kenya have inke
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LG Chem, Korea Zinc team up for battery components supply in North America

SEOUL, Nov. 23 (Yonhap) -- LG Chem Ltd., South Korea's top chemical producer, said Wednesday it forged a partnership with a major South Korean smelter of nonferrous metals to work together for a stable supply of electric vehicle (EV) battery comp