BOK decides to waive FX levy at emergency monetary meeting to boost dollar liquidity

BOK decides to waive FX levy at emergency monetary meeting to boost dollar liquidity

The Bank of Korea (BOK) on Friday convened its first extraordinary meeting of the monetary policy board in a year, approving a temporary waiver of a...

South Korean won weakens past 1,480 per dollar, lowest in 8 months

South Korean won weakens past 1,480 per dollar, lowest in 8 months

South Korea’s won weakened past the 1,480 per dollar in intraday trade on Wednesday, reaching its weakest point in about eight months as forei...

GEPS seeks brokerage firms for global equities, bonds trading in H1, 2026

GEPS seeks brokerage firms for global equities, bonds trading in H1, 2026

South Korea’s Government Employees Pension Service (GEPS) is seeking brokerage firms to handle overseas asset trading for the first half of 20...

Seoul weighs legal changes for NPS dollar bond issuance to shore up won

Seoul weighs legal changes for NPS dollar bond issuance to shore up won

South Korea is considering revising its pension laws to pave the way for the National Pension Service (NPS) to issue foreign currency bonds as part ...

Weak won: A double-edged sword for Korean tourism industry

Weak won: A double-edged sword for Korean tourism industry

South Korea’s travel market is splitting in two as a protracted weak-won cycle versus the dollar is driving an early year-end boom for hotels ...

Seoul’s won-stability push drives Korean firms offshore for bonds

Seoul’s won-stability push drives Korean firms offshore for bonds

South Korea’s state-run banks and companies are expected to ramp up foreign currency bond issuance in 2026 after the government sharply increa...

SK Hynix eyes mass production of hybrid-bonded NAND by 2027

SK Hynix eyes mass production of hybrid-bonded NAND by 2027

SK Hynix Inc. is stepping up its move into next-generation flash memory, setting its sights on mass production of its first hybrid-bonded NAND chip ...

LG to supply AI infrastructure solutions to Microsoft worth billions of dollars annually

LG to supply AI infrastructure solutions to Microsoft worth billions of dollars annually

LG Group’s key units, including LG Electronics Inc. and LG Energy Solution Ltd., signed a memorandum of understanding (MOU) with Microsoft Cor...

Korean bond yields break above 3%, shutting issuers out of market

Korean bond yields break above 3%, shutting issuers out of market

South Korea’s government bond market has entered a fresh bout of volatility, with yields climbing above 3% even as global peers' yields remain...

Seoul pushes exporters to convert dollars; NPS extends FX swap with BOK

Seoul pushes exporters to convert dollars; NPS extends FX swap with BOK

South Korea's financial authorities said on Monday it will begin regularly monitoring the dollar conversion of export-oriented companies and tighten...

Korea’s FX authorities weigh revival of NPS’ standing currency hedging, foreign bond issue

Korea’s FX authorities weigh revival of NPS’ standing currency hedging, foreign bond issue

South Korea’s foreign-exchange authorities are considering reviving a standing currency-hedging program at the National Pension Service (NPS) ...

Seoul presses brokerages to spread out dollar conversions as won slide deepens

Seoul presses brokerages to spread out dollar conversions as won slide deepens

South Korea’s foreign-exchange authorities have urged major brokerages to stagger their dollar-buying and diversify how they source greenbacks...

NPS says FX hedging a tool for higher returns, not policy lever as authorities struggle with slumping won

NPS says FX hedging a tool for higher returns, not policy lever as authorities struggle with slumping won

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has been pull...

Korean retail rush to US stocks hits new peak, driving vicious cycle for Korean won

Korean retail rush to US stocks hits new peak, driving vicious cycle for Korean won

South Korea’s retail investors are moving money into US stocks and bonds at an unprecedented pace, pouring record sums into US dollar-denomina...

Seoul steps up verbal warnings amid won’s slide; to discuss FX stability measures with NPS

Seoul steps up verbal warnings amid won’s slide; to discuss FX stability measures with NPS

The South Korean won rebounded sharply from seven-month lows on Friday morning after authorities moved to steady the currency with a mix of verbal w...

Shinhan becomes 1st foreign bank to issue transition bonds in Japan, raising $260 mn

Shinhan becomes 1st foreign bank to issue transition bonds in Japan, raising $260 mn

Shinhan Bank has become the first foreign issuer of transition bonds in Japan’s Samurai bond market, raising 40 billion yen ($260 million) to ...

NPS seeks 30 fund management professionals across equities, bonds, alternatives

NPS seeks 30 fund management professionals across equities, bonds, alternatives

The National Pension Service (NPS) is looking to hire 30 new fund management professionals in areas covering equities, fixed income, alternative ass...

Letter from 30 years ago sparks bond between Samsung, Nvidia

Letter from 30 years ago sparks bond between Samsung, Nvidia

When Jensen Huang, founder and CEO of Nvidia Corp., stood before more than 500 fans gathered at COEX in Seoul on Oct. 30 to celebrate the 25th anniv...

Seoul to finance $200 bn US investment with forex earnings, state-backed bond issues

Seoul to finance $200 bn US investment with forex earnings, state-backed bond issues

South Korea has decided to finance its $200 billion US investment package through foreign-exchange earnings and newly issued government-guaranteed b...

Seoul turns to US Treasury fund for dollar liquidity to cushion forex impact from tariff deal

Seoul turns to US Treasury fund for dollar liquidity to cushion forex impact from tariff deal

South Korea and the US are moving closer to an agreement on how to structure a Seoul-proposed $350 billion investment fund without unsettling Korea&...

S.Korea steps in as won breaches 1,430 on escalating US-China tensions

S.Korea steps in as won breaches 1,430 on escalating US-China tensions

South Korea’s foreign exchange authorities delivered their first verbal intervention in one and a half years on Monday, responding to a sharp ...

Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high

Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high

The Korea Exchange (KRX) will slash stock trading fees by up to 40% in December, marking the first overhaul of its pricing structure since the bours...

Foreign investors offload $7.4 bn in Korean bonds on rate freeze bets, forex uncertainty

Foreign investors offload $7.4 bn in Korean bonds on rate freeze bets, forex uncertainty

Foreign investors offloaded about 10.4 trillion won ($7.4 billion) worth of Korean government bond futures in just three sessions last week, amid ex...

Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading

Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading

The Korean won tumbled past 1,410 to the dollar on Friday for the first time in four months, rattled by a resurgent greenback and rising unease over...

Seoul’s finance chief to discuss currency swap proposal with US Treasury Secretary Bessent

Seoul’s finance chief to discuss currency swap proposal with US Treasury Secretary Bessent

NEW YORK – South Korea’s finance minister will hold talks with his US counterpart in New York on Wednesday, in a meeting expected to foc...

Korea discount fading as investors set sights on Korea amid Asian rally

Korea discount fading as investors set sights on Korea amid Asian rally

Global investors are shifting capital from the US to Asia as monetary easing and a weaker dollar erode the appeal of US assets, according to market ...

South Korea eyes record 8.1% budget hike with big AI push

South Korea eyes record 8.1% budget hike with big AI push

South Korea’s government on Friday unveiled its largest-ever budget increase, pledging to ramp up spending on technology and social programs t...

Korean stock surge drives 4.08% return for National Pension Service in H1

Korean stock surge drives 4.08% return for National Pension Service in H1

The National Pension Service (NPS), the world's third-largest pension scheme, posted a 4.08% return on investment in the first half of this year, wi...

Korean firms eye $5 bn in bond sales as credit spread hits 14-mth low

Korean firms eye $5 bn in bond sales as credit spread hits 14-mth low

South Korean companies are ramping up bond offerings ahead of the Korean Thanksgiving holiday in early October, taking advantage of falling interest...

BOK flags stablecoin risks ahead of Circle president's visit

BOK flags stablecoin risks ahead of Circle president's visit

The Bank of Korea (BOK) has urged the National Assembly to regulate dollar stablecoins, warning their growing use poses a threat to the country&rsqu...

Samsung, SK Hynix to beat TSMC in gross profit margin for memory business Korea’s Hanwha wins first US defense deal with Boeing for F-15 parts Coupang faces US class-action lawsuit over data breach in Korea Seoul to rewrite Kosdaq with tax breaks, listing reforms Carlyle buys KFC Korea for $135 mn, deepening its presence in KFC's Asian operations