South Korea's central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising household debt and economic pressure from U.

In a widely expected decision, the Monetary Policy Board of the Bank of Korea (BOK) held its key rate steady at 2.5 percent during a rate-setting meeting in Seoul, reports Yonhap news agency

Asia-Pacific markets are set to trade mixed on Thursday after U.S. President Donald Trump announced that the U.S. will slap a 50% tariff on Brazilian imports beginning August 1.

Trump sends tariff threats to 14 countries 02:36. President Trump on Monday said the U.S will impose 25% tariffs on goods from South Korea and Japan by Aug. 1, while also threatening to hit a ...

President Donald Trump announced 25% taxes on products from Japan and South Korea, in addition to the threat of higher potential tariffs on goods from those nations if they raise their tariffs on American goods.

Live updates and the latest news as Trump and Netanyahu meet at White House to discuss Iran and the U.S. sends tariff letters to trading partners.

SEOUL: South Korea's Lee administration is scrambling to take the edge off the United States' new tariffs, as the nation's top security adviser departed Seoul on Sunday (July 6) to travel to Washington and join forces with Seoul's trade minister who arrived there the day before.

Korea and the United States are “entering a critical phase of discussions” on various trade and security issues, National Security Adviser Wi Sung-lac said Sunday while explaining the background of his three-day trip to Washington.