Lee Seong-tae
South Korea promotes use of SWF to acquire foreign businesses: reports
Korea’s Presidential Council on National Competitiveness head Kang Man-soo says Korea Investment Corporation can help expand mergers and acquisitions abroad
Korea should improve management in light of recession
Bank of Korea’s Seongtae Lee says that central bank will enhance management practices for pubic benefit
Korea cuts again
The Bank of Korea has slashed interest rates for the sixth time in four months, bringing the cost of borrowing to a record low of 2% and suggesting that further cuts could be in store.
Academics advocate discretionary ECB supervision
European Union member states should be allowed to choose whether or not they want to be regulated by the European Central Bank (ECB), academics say.
Korea's Lee on uncertainty
Seongtae Lee, the governor of the Bank of Korea, highlighted the vast contrast in views on how best to handle uncertainty.
New members of Bank of Korea's MPC
Lee Myung-bak, the president of South Korea, has appointed three professors as new members of the Bank of Korea's Monetary Policy Committee.
Korea's Seong-Tae Lee on household debt oversight
To maintain the soundness of Korean household debt, policymakers must avoid a housing boom and bust cycle said Seong-Tae Lee, the governor of the country's central bank.
IMF calls on top state funds to make the rules
The International Monetary Fund has called on sovereign wealth funds in Singapore, Norway and Abu Dhabi to develop a set of benchmarks for transparency.
New Korean government to leave central bank alone
South Korea's incoming government, elected in December, will respect the Bank of Korea's independence, an official said on Wednesday.
Bank of Korea admits to monetary policy problems
Lee Seong-tae, governor of Bank of Korea, said the central bank has problems in carrying out monetary policy effectively because of cross-border capital transactions that lead to increases in the money supply in spite of rises in key interest rates.
Korea raises rates to tame money growth
The Bank of Korea lifted raised interest rates by a quarter percentage point to 4.75% on 12 July. It was the first increase in Korean rates since August 2006.
South Korea keeps key rate unchanged at 4.5%
The central bank of South Korea today decided to keep its key interest rate steady for the tenth month in succession, in an effort to boost economic recovery.
BOK says economy on modest growth track
The Bank of Korea left its key short-term rate unchanged at 4.5 percent on Thursday 12 April saying it expected the economy to maintain modest growth on recovering domestic consumption.
BOK chief says reserves may go to overseas stocks
South Korea is considering investing part of its foreign reserves in overseas blue-chip stocks in an attempt to increase investment returns, Yonhap news agency cited the Bank of Korea chief as saying Thursday 8 February.
Building Asia's bond markets
The BIS in Basel has published a collection of papers by scholars, researchers, central bankers and market participants on issues and prospects in Asia's bond markets.
BoK chief on financial supervision
In this speech, the governor of the Bank of Korea, Seong-tae Lee, suggests that financial reforms and stricter supervision standards ensured that the damage from the 2003 credit card crisis was minimal.
Korea raises reserve ratios
Korea's central bank will raise reserve requirements on short-term deposits by 40% next month, the governor, Lee Seong-tae, announced on Thursday.
ADB names Rajat Nag as MD general
The Asian Development Bank announced Tuesday 14 November it has appointed Rajat M. Nag as its new Managing Director General.
BOK chief sees 2007 growth below 5 percent
Bank of Korea (BOK) governor Lee Seong-tae said Monday 23 October the country's economic growth will fall short of 5 percent next year due to the slowing global economy and sluggish domestic demand.
BOK chief says bond market closely monitored
Bank of Korea governor Lee Seongtae told a seminar Tuesday 26 September that the central bank is closely monitoring the bond market's movement, as its importance to the country's economy is growing.
BOK governor warns of need for further tightening
Bank of Korea governor Lee Seong-tae said in a luncheon speech Tuesday 8 August that Korea should not be fettered by short-term growth figures.