Dollar

The South Korean state-run National Pension Service (NPS) has been spotted selling dollars for won, supporting the ailing local unit, as the world&r...

The firm dollar is causing South Korean companies to postpone or cancel their plans to buy overseas firms for future growth as the US currency&rsquo...

The South Korean won has continued its decline to hit lows not seen since the 2008-09 global financial crisis on sustained concerns of an economic d...

A nosediving South Korean won deteriorated local corporate dollar funding conditions with the cost of insuring the country’s sovereign debt ag...

South Korea was estimated to have dumped more than $700 million on Thursday to support the ailing won currency as it risked breaking through the psy...

Global hedge funds’ bet on further weakness in the won is blamed for the accelerated decline in the South Korean currency value against the do...

The Frieze Art Fair’s first Asia exhibition in Seoul attracted big crowds of VIP collectors and general art lovers from across South Korea thi...

When a country’s currency weakens, foreign investors flee the local markets as a softer foreign-exchange rate usually means fragile economic f...

South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...

Investors are staying away from South Korea’s initial public offering markets as sentiment remains sour on global interest rate hikes, the sus...

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

The South Korean won is expected to weaken to 1,400 against the dollar, a level not seen since the 2008-09 global financial crisis as the country&rs...

LG Innotek Co., a major supplier of camera modules for Apple iPhones, is the only South Korean company to announce a billion-dollar facility investm...

The South Korean won is expected to further depreciate after touching its lowest level since the 2008-2009 global financial crisis, on concerns that...

Samsung Electro-Mechanics Co., the electronic components unit of Samsung Group, has won a multi-billion-dollar deal to supply camera modules to Tesl...

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

South Korea's SK Networks Co. is looking for an acquisition worth over 1 trillion won ($816 million) to accelerate its shift away from trading and r...

Foreign investors in March sold a net 4.84 trillion won ($3.97 billion) worth of shares on South Korea's main bourse Kospi, their highest-ever mon...

SK Bioscience Co., the biopharmaceutical unit of South Korea’s SK Group, is seeking multi-billion-dollar mergers and acquisitions to expand it...

South Korea’s LG Energy Solution Ltd. may build a billion-dollar battery plant in the US state of Arizona to meet growing demand in North Amer...

South Korea’s top steelmaker POSCO and Hancock Prospecting Pty Ltd, a leading Australian mining firm, have agreed to restart a long-dormant ir...

South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...

Samsung SDI Co. has partnered with Dutch-domiciled multinational automaker Stellantis N.V. to build a multi-billion-dollar battery facility in the U...

The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...

Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana A...

Korea Midland Power Co. (KOMIPO) raised $300 million in a dollar corporate bond at a lower interest rate than planned on strong demand among foreign...

KT Corp., a South Korea's telecom company, is set to raise $300 million in a dollar corporate bond at the lowest interest rate for its foreign curre...

South Korea's Naver Corp. is expanding its footprint into the over-the-top (OTT) media service market by acquiring a stake in CJ ENM Co.'s OTT platf...

Foreign currency deposits in South Korea have swelled to a record high in November on the back of a weaker dollar, boosting local banks' holdings to $...

The won-dollar exchange rate, which has been declining since the breakout of the COVID-19 pandemic, is falling faster since Joe Biden was elected as...