PM to visit Chile, Uruguay, Argentina this week

SEOUL– Prime Minister Han Duck-soo departed for Chile on Sunday for a three-nation trip that will also take him to Uruguay and Argentina, as Seoul seeks to bolster economic cooperation with the Latin American nations, officials said.   During talks with leaders of the three nations, Han will also ask them to support South Korea’s … Read more

BOK likely to deliver another big-step rate hike this week amid inflation woes, weak currency

SEOUL– The Bank of Korea (BOK) will likely deliver another big-step rate hike this week, as it is striving to keep a lid on inflation amid growing worries over the impact of still-high energy prices and the local currency’s sharp descent against the U.S dollar on import bills, observers said Sunday.   The BOK is … Read more