Sep 29, 2025 AM EDT - Jason
SEOUL/NEW YORK - South Korea will move to around-the-clock trading in the won and build an offshore settlement channel, a reform package President Lee Jae-myung unveiled to global investors in New York as the currency hovered in the 1,40x per-dollar range. The aim: fix long-criticized access frictions and strengthen Korea's bid for MSCI Developed Markets
Sep 26, 2025 AM EDT - Jason
South Korea will move to around-the-clock trading in the won and build an offshore settlement channel, a reform President Lee Jae-myung unveiled to global investors in New York as the currency hovered above ₩1,410 per U.S. dollar. The package is designed to fix long-criticized access frictions and bolster Korea's bid to graduate into MSCI's Developed Markets basket. Reuters first reported the plan,
Sep 25, 2025 PM EDT - Jason
The Korean won slipped back above 1,400 per U.S. dollar on Thursday as investors weighed stalled Korea-U.S. tariff talks, a firm greenback, and persistent caution around global rates. Local press reported a 1,400.6 close in Seoul-its first finish above the line in roughly two months-after intraday trading repeatedly tested the threshold this week. The move follows several days of headlines tying FX nerves to the slow grind of trade negotiations with Washington.
Sep 23, 2025 AM EDT - Jason
South Korean President Lee Jae-myung said in New York that ongoing negotiations with Washington over tariff relief are affecting foreign-exchange sentiment in Korea, while adding that both sides can still reach a "commercially rational" outcome. Lee delivered the remarks during meetings with U.S. lawmakers on the sidelines of the UN week, noting that a large U.S.-bound investment packag
Sep 14, 2025 PM EDT - Jason
South Korea's consumer inflation cooled noticeably in August, adding momentum to expectations that the Bank of Korea (BOK) may soon gain room to adjust its monetary stance.
Nov 18, 2015 PM EST - Diana Tomale
Global investment banks and economic research agencies predict South Korea's growth will slide down upper 2 percent next year, which is evidently lower than BOK's prediction of 3.2 percent.
Nov 10, 2015 PM EST - Czarelli Tuason
As the local currency of South Korea becomes stronger against the U.S. dollar, the export price index of the nation hits its largest decline in October since January at 82.12.
Oct 23, 2015 PM EDT - Diana Tomale
"Zombie companies" in South Korea continues to increase and exceeded 3,000 over the past five years, according to Bank of Korea.
Oct 23, 2015 PM EDT - Diana Tomale
South Korea's economy accelerates at its fastest rate in five years after an increase of 1.2 percent was recorded in the third quarter of 2015.
Oct 21, 2015 PM EDT - Czarelli Tuason
With China's 25-year low economic growth and slow shipping demand, as well as the recent MERS outbreak in South Korea, exports in South Korea have decreased by 8.3 percent from the previous year.
Sep 25, 2015 AM EDT - Czarelli Tuason
The Bank of Korea reported on Tuesday a decline of 4.3 percent in market sales of over 3,000 companies, small and big.
Sep 09, 2015 AM EDT - Czarelli Tuason
The won-dollar exchange rate closes on Monday at 1,203.70, another big drop since closing at 1,204 in July 2010.
Sep 05, 2015 AM EDT - Czarelli Tuason
The national income of South Korea drops 0.1 percent, a first in the last 4 and a half years.
Aug 29, 2015 AM EDT - Diana Tomale
BOK member said on Wednesday that opening more job opportunities will help South Korea boost its economy.
Aug 13, 2015 AM EDT - Dana Marie
For the first time, since data on loans have been compiled, South Korea’s household debt has exceeded 600 trillion won ($512 billion). Despite the government’s efforts to control borrowing, the total amount has continued to rise.
Dec 09, 2025 PM EST - Hannah
Dec 05, 2025 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
