The increase, from 2.75 per cent to 3.0 per cent followed a similar move in July. Read more at straitstimes.com. Read more at straitstimes.com.

SEOUL, Aug 27 : The Bank of Korea raised its benchmark interest rate by a quarter percentage point to 3.00 per cent on Thursday, as expected, delivering a second straight increase…

The Bank of Korea on Thursday raised its benchmark interest rate for a second consecutive meeting, pressing ahead with monetary tightening amid persistent infla