South Korea's central bank left its policy rate at a record low of 2% for the fourth month running as policymakers gathered more data points on the effects of its latest cuts, notably on household borrowing. That debt, already at high levels, rose by 1.4 trillion won in January.
Vaccines free people from disease, helping "unlock immeasurable human potential," write United Nations Secretary-General Ban Ki-moon and philanthropist Bill Gates. That is why a major focus of the Millennium Development Goals is ending inequities, they write.
United Nations Secretary-General Ban Ki-moon says the UN chemical weapons fact-finding team is ready to go to Syria within two days' notice. The team's mission is to determine whether chemical weapons were used.
South Korea's net terms of trade -- contrasting the relative values of exports and imports -- deteriorated 2.4% last year, the Bank of Korea reports. A stuttering global economy lowered the value of the nation's exports, contributing to the wider differential.
Japan's vigorous attack on deflation and a weaker yen need not be all bad news for South Korea, Moody's Analytics says. For one thing, Korean goods should find a more welcome market in Japan itself. Beyond that, "a falling yen and rising won, which reflect improvements in global risk appetites, signal a strengthening world economy," said Moody's economist Matthew Circosta.