SEOUL, Aug 12- The Bank of Korea is expected to cut interest rates this week, a Reuters survey shows, in what would mark a sharp turnaround from its recent hawkish policy stance and raise questions about the bank's ability to forge its independence in the face of government pressure.
*Lee seen starting as Bank of Korea governor April 1. SEOUL, March 19- A South Korean parliamentary committee on Wednesday endorsed Lee Ju- yeol, a former central bank deputy chief, to become the next Bank of Korea governor and help steer Asia's fourth-biggest economy towards a durable recovery.
SEOUL, March 19- South Korea's incoming central bank governor on Wednesday stressed the need for strengthened independence from the government and clear communication with markets, the lack of which has seen the bank broadly criticised.
*Lee Ju- yeol sees communication problem. SEOUL, March 19- The man nominated to be South Korea's next central bank chief emphasised on Wednesday the need to improve communication with financial markets, effectively accepting broad criticism of the bank's credibility.
SEOUL, March 3- South Korea's president nominated a 61- year-old technocrat with a 35- year career inside the Bank of Korea as its next governor on Monday and people who worked with the former deputy bank chief said he would likely sharpen the bank's independence.
South Korea's President-elect, Park Geun-hye, used her first major speech on Thursday to warn of the risks posed by a hostile North Korea and also fired a political shot across the bows of Japan's incoming Prime Minister Shinzo Abe.
The framework for a Free Trade Agreement (FTA) between South Korea and China may be ready in two years, said the South Korean President.
South Korea’s President Lee Myung-bak says Greece needs to accept the terms of a $130 billion international bailout agreed in March and there will be no disbursement of money from the International Monetary Fund (IMF), unless the country does so.