Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency. with a 10% discount to incentivize ...
Depending on the inflation path and currency moves, the BoK may delay its rate action until the third quarter of 2025.
President Trump's reciprocal tariffs on Japan (24%) and South Korea (25%) were largely in line with market expectations. Both ...
South Korea's consumer prices rose 2.1% in March from a year earlier, after a rise of 2.0% in February, government data ...
Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June, as the retailer ...
South Korea mounted the most vigorous defense of the won in months late last year to shield its economy from a strong dollar ...
The Bank of Korea in February lowered its growth forecast for the country this year, cutting its base rate to support the sagging economy. It now expects South Korea's gross domestic product to expand ...
South Korea is testing its digital currency in real-world settings, and 7-Eleven is one of the first major retailers on board.
Asia's fourth-largest economy is grappling with the fires, which killed at least 30 people and prompted calls for national ...
Eleven joins South Korea’s CBDC trial, offering 10% discounts for digital payments as the nation tests transaction speed, security, and consumer response.
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