SEOUL, July 17 (Yonhap) -- The following are the top headlines in major South Korean newspapers on July 17.

Korean-language dailies

-- BOK delivers rate hike, embraces 'belt-tightening' stance (Kyunghyang Shinmun)

-- Rate hike likely to burden leveraged investors (Kookmin Daily)

-- BOK delivers 1st rate hike in 3 1/2 yrs (Donga Ilbo)

-- BOK turns to 'belt-tightening' stance after 42 months (Seoul Shinmun)

-- BOK raises key rate by 0.25 pct, turns to belt tightening (Segye Times)

-- Police to revamp over Gwangju case (Chosun Ilbo)

-- Era of belt tightening (JoongAng Ilbo)

-- Monetary policy turns to tightening stance amid inflation (Hankyoreh)

-- More rate hikes likely; emergency for leveraged investors (Hankook Ilbo)

-- BOK turns to tightening stance after 3 1/2 yrs (Maeil Business Newspaper)

-- Minimum deposit requirement for leveraged ETFs set at 30 mln won (Korea Economic Daily)

English-language dailies

-- BOK sets first rate hike in 3 yrs (Korea Herald)

-- BOK begins tightening cycle amid chip-driven growth, inflation risks (Korea Times)

-- BOK hikes benchmark rate to 2.75 pct (Korea JoongAng Daily)

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