South Korea raised its key rate to 2.75% as inflation, housing risks and semiconductor-led growth increased pressure for further tightening.

South Korea’s central bank on Thursday raised its key interest rate for the first time in more than three years, aiming to tighten money supply to combat inflation, worsened by…

The Bank of Korea (BOK) raised its benchmark interest rate, Thursday, for the first time in more than three years, as persistent inflation and impr...