BOK raises interest rates to 1% due to inflation concerns

South Korea’s central bank on Thursday raised its benchmark interest rate by 25 basis points and returned to the 1% interest rate range after 20 months, while upgrading this year’s inflation target. In a largely expected move, the Bank of Korea implemented an interest rate hike as a result of the last monetary policy meeting … Read more

Webtoon-based books to continue global webtoon fever

“True Beauty” (left) and “Tower of God” (Naver Webtoon) Naver Webtoon’s beloved webtoon series “True Beauty”, “Tower of God” and “Doom Breaker” will be released in book form in the fall of 2022, the company said in a press release on Monday. American imprint Webtoon Unscrolled, launched by Wattpad Webtoon Studios, will release the printed … Read more