currency
Scope
Date
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Business & Politics
S.Korea's president-elect Yoon vows deregulation, tax cuts
Former prosecutor general Yoon Suk-yeol on Wednesday was elected South Korea's next president, pledging drastic deregulation and investor-friendly m...
Mar 10, 2022 (Gmt+09:00)
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Economy
Korea GNI per capita at record on strong economic growth
South Korea’s gross national income (GNI) per capita hit a record high last year on strong economic growth, as well as the firm won currency a...
Mar 03, 2022 (Gmt+09:00)
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Foreign exchange
Korea to reform FX market to join MSCI developed markets
South Korea is set to reform the local currency market as the country aims to reach MSCI Inc.’s developed market status for its domestic stock...
Jan 25, 2022 (Gmt+09:00)
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Cryptocurrencies
Bank of Korea to test CBDC on Samsung devices, not on iPhone
The Bank of Korea (BOK) will launch real-life, offline tests for a central bank digital currency (CBDC) project on Samsung Electronics Co.'s Galaxy ...
Jan 25, 2022 (Gmt+09:00)
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Economy
Experts cast doubt on S.Korea’s $2 bn currency swap deal with Turkey
South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...
Aug 12, 2021 (Gmt+09:00)
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Digital currency
Samsung Group joins Kakao in Bank of Korea’s digital currency project
Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...
Aug 04, 2021 (Gmt+09:00)
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Cryptocurrencies
Kakao’s Ground X to work on Korea central bank digital currency initiative
Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...
Jul 20, 2021 (Gmt+09:00)
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Corporate bonds
Korea Investment raises $600 mn in first foreign currency bond issue
Korea Investment & Securities Co. raised $600 million in its first foreign currency bonds at lower-than-planned interest rates on strong demand....
Jul 13, 2021 (Gmt+09:00)
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Corporate bonds
KOGAS, Hyundai Motor Turkish unit issue foreign currency bonds at narrower spreads
Korea Gas Corp. (KOGAS) and Hyundai Motor Co.’s Turkish unit sold foreign currency corporate bonds at narrower spreads than their initial targ...
Jul 07, 2021 (Gmt+09:00)
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Digital currency
Naver joins Korean central bank's digital currency initiative
South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...
May 14, 2021 (Gmt+09:00)
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ESG bonds
Hana Bank issues $600 mn euro-currency bonds with negative yield
Hana Bank has become South Korea’s first commercial bank to issue foreign currency bonds at a negative yield, raising 500 million euros ($606 ...
Jan 21, 2021 (Gmt+09:00)
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Economy
S. Korea's foreign currency deposits hit record high on weaker dollar
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 $...
Nov 23, 2020 (Gmt+09:00)
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Markets
S. Korean automakers rise despite stronger Korean currency
Shares of Hyundai Motor Co. and Kia Motors Corp. are rising despite the rising trend in the value of the Korean won versus the dollar, which usually w...
Sep 21, 2020 (Gmt+09:00)
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Sovereign bond
South Korea sells $827 mn worth of euro-currency bonds with negative yield
The South Korean government has issued euro-denominated bonds worth 700 million euros ($827 million) at a negative interest rate, becoming the first n...
Sep 10, 2020 (Gmt+09:00)
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Korea to ease rules on insurers’ currency hedging of offshore investment
South Korea will loosen regulations in relation to the currency hedging of insurance companies’ cross-border investments, which have been blamed to in...
Jan 25, 2017 (Gmt+09:00)
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