What US President Trump wants from the Korean won
While Seoul and Washington have agreed to craft a trade package to eliminate US tariffs on Korean exports, their high-stakes trade negotiation will cover four main areas: tariffs…
Im Eun-byel
Wealthy Koreans shift focus from real estate to gold, bonds and crypto
'Young rich' under 50 show strong appetite for virtual assets, overseas stocks.
Tariff blow sinks South Korean stocks, clouds growth outlook
The plunge comes two days after a sidecar — a five-minute halt on program trading — was activated on Kospi 200 futures on April 7, as the Kospi fell below 2,400.
South Korean won closes at 16-year low amid US-China trade war
Investors are ditching risk assets, including the Korean won, as conflict between the world's two biggest economies looms.
South Korea’s top financial regulator warns Apple Pay against shifting fee burden to consumers
Apple Pay entered the Korean market through Hyundai Card, a credit card issuer under Hyundai Motor Group. Nearly two years since its launch, Apple is now in discussions with other…
US President Trump’s tariff threats drive up ‘kimchi premium’ in Korea’s crypto market
US President Donald Trump’s latest threats to impose tariffs on key trading partners have fueled the “kimchi premium,” the price gap between cryptocurrency values in South…
South Korea estimated to have surpassed Japan, Taiwan in GDP per capita
The country’s GDP per capita in 2024 is estimated to have reached $36,024, rising by $454 or 1.28 percent on-year, according to the data from the Finance Ministry, Bank of Korea…
Korean won sinks to historic low
More are changing Korean won into dollars as well on expectations that the dollar will continue to prevail as the US President-elect Donald Trump puts forward his "America First"…
Political uncertainty weighs on Korea’s credit rating
The political uncertainty will remain a liability for the country, according to a senior executive at Moody’s, although lawmakers' move to unseat the president prevented a…
Can US$7bil stabilisation fund revive Korean Composite Stock Price Index?
In response to the turbulence in the local stock market, financial policymakers have vowed to provide unlimited liquidity using public funds.