South Korea
IMF deputy warns ‘leakages’ could undermine macro-prudential policy
Furusawa says macro-prudential tools could force financial activities into less regulated area
Korea’s record rates have further to fall, says economist
Government may have to provide stimulus too
Bank of Korea paper examines global liquidity drivers
Research considers EM policy response to change in liquidity conditions
Bank of Korea governor sees imbalances worsening
Juyeol Lee calls for 'fundamental rebalancing'
Bank of Korea turns focus to stability threats after rate cut
Shift in language indicates financial stability concerns
Amro revamped in agreement struck at IMF meetings
Surveillance unit is transformed into an international organisation
Korea needs more women and young people in work, paper finds
Labour market ‘duality' and low youth and female employment are holding back growth
Bank of Korea cuts interest rate to lowest level since 2010
Decision prompted by worse than expected business sentiment, governor says
Chiang Mai Initiative doubled in size to $240 billion
Asian countries bolster safety net the day after Brics nations launch their own reserve fund
Bank of Korea predicts sharp inflation increase
Central bank optimistic about price developments in latest MPC report
Foreign banks acted as 'buffer' on Korean monetary policy during the crisis
'Buffering effect’ was driven by foreign bank branches with US parent banks
Former deputy nominated as Bank of Korea governor
South Korean president nominates Lee Ju-yeol as Kim Choong-soo’s successor; Lee spent 35 years at the central bank in his first stint including three years as a deputy
Australia, Korea strike $5 billion swap deal
Glenn Stevens and Choong Soo Kim sign the countries’ first swap arrangement on the sidelines of the G-20 meeting as they look to promote bilateral trade
Government intervention shielded Korea from global credit crunch
Paper by Bank of Korea and IMF economists argues external buffers such as foreign reserves and swap agreements means the country is in good shape to weather global financial turmoil
Korea sheds light on MPC voting results
Bank of Korea monetary policy report reflects on the decision to announce voting results in the wake of MPC meetings; only one disagreement in the ensuing seven meetings
Dollar lending in East Asia can override local monetary policy, says BIS' McCauley
Paper by Robert McCauley and Dong He of the HKMA argues the growth of credit in foreign currencies, especially the dollar, transmits global monetary easing to East Asia
Korean MPC member says economy ‘relatively safe’ from impact of Fed taper
Woosik Moon says emerging economies will see long-term interest rates rise as global liquidity contracts, but the strength of Korea’s economy should insulate it against the turbulence
Korea's Kim calls for economic patriotism at central bank
The Bank of Korea must develop the capacity to match other central banks around the world in acting in the interest of the country's economy, says Choong Soo Kim
Asia-Pacific: Financial stability concerns reflected in rate decisions and forex intervention
Indonesia leans against higher inflation expectations with rate rise, RBNZ's Wheeler concerned over ‘rapid' house price inflation, and Bank of Thailand attempts to slow baht's downward slide
Korean rate cut follows global trend but takes analysts by surprise
Base rate cut of 25 basis points by Bank of Korea aims to boost inflation and employment, and halt the Korean currency's rise against the yen
Korea paper warns developing economies over financial openness
Research suggests open capital markets in developing economies create output volatility; suggests Asian countries are the least stable in a crisis
Korean economy defies won strength to return to growth
South Korean economy posts strongest quarter-on-quarter growth in two years; currency remains "moderately weaker than desirable", according to IMF
Bank of Korea warns of forthcoming credit tightening
Bank lending survey finds a recent trend of credit easing is likely to be reversed in the first quarter of 2013; credit risk expected to run at ‘high levels’
Korea research appraises exchange rate volatility
Working paper published by Bank of Korea finds both high and low exchange rate volatility impacts the country’s credit inflows and can carry negative consequences