Egypt Ezine

Tag : Seoul

Automotive

Mercedes-Benz unveils electric C-Class in Seoul

egyptezine.com
Mercedes-Benz unveiled the electric C-Class in Seoul, bringing its first battery-powered C-Class sedan with up to 762 km of WLTP range....
RideFlux wins South Korea's first paid freight permit
Business

RideFlux wins South Korea’s first paid freight permit

egyptezine.com
South Korea approved its first paid self-driving freight service, clearing RideFlux to launch autonomous parcel deliveries in June....
Bank of Korea keeps rate at 2.5% for seventh hold
Business

Bank of Korea keeps rate at 2.5% for seventh hold

egyptezine.com
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure,...
South Korea FX reserves fall in March on stronger dollar
Business

South Korea FX reserves fall in March on stronger dollar

egyptezine.com
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday....
South Korea starts 2026 with 11.3 trillion won surplus
Business

South Korea starts 2026 with 11.3 trillion won surplus

egyptezine.com
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax...
Bank of Korea holds 2.5% rate and rolls out dot plot
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

egyptezine.com
SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of...