dollar bond
Central bank
Bank of Korea cuts rates, growth forecast on Trump tariff policy
Feb 25, 2025 (Gmt+09:00)
-
Pension funds
Korea to let securities firms manage $43 bn public fund investment pool
South Korea said on Wednesday it aims to boost returns on 62.1 billion won ($42.7 billion) in the public fund investment pool by entrusting some of t...
Feb 12, 2025 (Gmt+09:00)
2 Min read -
Central bank
BOK lowers growth forecasts to bolster rate cut expectations
South Korea’s central bank slashed its economic growth forecasts on Monday, adding to views that the monetary authority will cut interest rates...
Jan 20, 2025 (Gmt+09:00)
3 Min read -
Business & Politics
Korea sharply cuts 2025 growth forecast, opens door for extra budget
South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’s...
Jan 02, 2025 (Gmt+09:00)
4 Min read -
Central bank
S.Korea’s c.bank chief sees limited impact of political turmoil on economy
South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest economy...
Dec 18, 2024 (Gmt+09:00)
2 Min read -
Foreign exchange
Koreans' yen savings fall on profit-taking despite BOJ rate hike views
Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanese...
Dec 16, 2024 (Gmt+09:00)
1 Min read -
Business & Politics
Korea’s president impeached over martial law; political turmoil to ease
South Korea’s parliament voted to impeach President Yoon Suk Yeol on Saturday over his stunning martial law decree, suspending him from office,...
Dec 14, 2024 (Gmt+09:00)
3 Min read -
Central bank
BOK makes 1st back-to-back rate cut since 2009 global crisis
South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anoth...
Nov 28, 2024 (Gmt+09:00)
3 Min read -
Economy
South Korea’s Economy Picks Up But Still Disappoints
South Korea’s economy was weaker than expected in the third quarter, weighed by lackluster exports, though it improved from the previous quarte...
Oct 30, 2024 (Gmt+09:00)
2 Min read -
Economy
Korea’s economy sees slower-than-expected rebound in Q3
South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the ...
Oct 24, 2024 (Gmt+09:00)
2 Min read -
Sovereign bonds
Korea to join FTSE Rusell bond index to attract $66 bn inflows
South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-lar...
Oct 09, 2024 (Gmt+09:00)
3 Min read -
Cryptocurrencies
Growing dollar-backed stablecoin trades may destabilize Korean economy
Trading in dollar-backed stablecoins, cryptocurrencies pegged to the US currency, in South Korea hit a record high amid complex and costly currency e...
Oct 08, 2024 (Gmt+09:00)
3 Min read -
Foreign exchange
Korean won at 5-mth high; BOK may not lower interest rate
The South Korean won on Monday touched a five-month high as the central bank may not immediately cut its policy interest rate due to rising property ...
Aug 19, 2024 (Gmt+09:00)
3 Min read -
Foreign exchange
Korean won at 17-month low on Middle East woes, Fed rate view
The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar leve...
Apr 16, 2024 (Gmt+09:00)
4 Min read -
Central bank
South Korean central bank not to increase gold reserves
South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased ...
Jan 19, 2024 (Gmt+09:00)
1 Min read -
Foreign exchange
S.Korea, Japan seal 3-year $10 bn currency swap deal
South Korea and Japan on Friday revived their bilateral currency swap line to boost their dollar liquidity amid improved diplomatic relations.The two...
Dec 01, 2023 (Gmt+09:00)
1 Min read -
Central bank
BOK chief says inflation may ease more slowly than expected
South Korea’s central bank chief on Thursday said inflationary pressure in Asia’s fourth-largest economy may ease more slowly than earlie...
Oct 19, 2023 (Gmt+09:00)
2 Min read -
Central bank
Korean financial markets tumble as Fed signals higher rates
South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year an...
Sep 21, 2023 (Gmt+09:00)
5 Min read -
Foreign exchange
S.Korea, Japan to resume bilateral currency swap for dollars
South Korea and Japan are set to revive their bilateral currency swap line to bolster their dollar liquidity this week after an eight-year suspension...
Jun 28, 2023 (Gmt+09:00)
3 Min read -
The KED View
Korean won needs economic fundamentals recovery for rebound
The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth.T...
May 16, 2023 (Gmt+09:00)
3 Min read -
Central bank
BOK chief says rate cut premature despite slower growth
South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its tar...
May 03, 2023 (Gmt+09:00)
2 Min read -
Foreign exchange
Korean won near 5-month low despite weak dollar; outlook dark
The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundament...
Apr 21, 2023 (Gmt+09:00)
4 Min read -
Foreign exchange
Korea won sees largest drop in 1 month on hawkish Powell
The South Korean won currency on Wednesday suffered its largest depreciation in more than a month as Federal Reserve Chairman Jerome Powell signaled...
Mar 08, 2023 (Gmt+09:00)
2 Min read -
Korean stock market
Stock inflows to Korea slow on weak currency, valuation
A weaker South Korean currency and worries about valuation have deterred foreign investors’ appetite for local shares, casting expectations of ...
Feb 20, 2023 (Gmt+09:00)
1 Min read -
Foreign exchange
S.Korean won near 2-month low as US data fans Fed hike views
The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Reser...
Feb 17, 2023 (Gmt+09:00)
2 Min read -
Foreign exchange
Korean won falls on firm US jobs data, new BOJ head report
The South Korean won currency skidded to a four-week low on Monday as stronger-than-expected US employment data renewed expectations that the Federal...
Feb 06, 2023 (Gmt+09:00)
2 Min read -
Foreign exchange
Korean won to stay weaker than profitable levels – poll
The South Korean won was expected to stay weaker than levels for corporate profits this year as the local currency was likely to stay under pressure ...
Jan 02, 2023 (Gmt+09:00)
1 Min read -
Foreign exchange
Korea's foreign exchange reserves last month see first rise in 4 months
Korea last month saw its first rise in foreign exchange reserves in four months amid monetary authorities selling the greenback to avert a sharp depr...
Dec 05, 2022 (Gmt+09:00)
1 Min read -
Foreign exchange
Korea won near 5-mth high as Powell signals slower hikes
The South Korean won currency hit a near 5-month high on Thursday as US Federal Reserve Chairman Jerome Powell suggested a slowdown in its tightening...
Dec 01, 2022 (Gmt+09:00)
2 Min read -
Economy
Korea exports dip for 2nd month, growth slows to 1-year low
South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for Asi...
Dec 01, 2022 (Gmt+09:00)
3 Min read
Latest News
- 1 Maybe Happy Ending: How a Seoul-made robot love story rewrote Broadway playbook
- 2 NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
- 3 Woori Financial wins approval for Tongyang, ABL Life acquisition
- 4 BMW surpasses Mercedes in Korean sales amid imported vehicle market shake-up
- 5 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs