Korea

South Korea finance ministry vows measures to stabilise market volatility if needed
South Korea finance ministry vows measures to stabilise market volatility if needed
SOUTH Korea’s finance minister stepped up warnings on Monday that the government is ready to act to counter any renewed volatility in currency markets after the won has extended...
South Korea finance ministry vows measures to stabilise market volatility if needed
Bank of Korea keeps rate on hold, opting for steady stance after polls
THE Bank of Korea kept its benchmark interest rate on hold in a decision underscoring its aim to rein in inflationary pressure in a steady manner after an election...
Bank of Korea set to hold interest rates during transition after elections
Bank of Korea set to hold interest rates during transition after elections
THE Bank of Korea (BOK) is expected to keep its policy settings unchanged on Friday (Apr 12), opting to continue its inflation fight in a steady manner as the...
TSMC drives Taiwanese equities to outperform tech rival South Korea
TSMC drives Taiwanese equities to outperform tech rival South Korea
TAIWAN’S stock market has trounced that of tech rival South Korea as the two markets compete for artificial intelligence (AI) investment from some of the world’s biggest money managers....
Bank of Korea considering forward guidance overhaul: sources
Bank of Korea considering forward guidance overhaul: sources
THE Bank of Korea (BOK) is considering overhauling how it provides guidance on the likely future path of interest rates by extending the timeframe and giving visual estimates in...
Who is Fu Bao? Giant Panda gets Teary-eyed Farewell, as She Leaves to China from South Korea
Despite the rain, a touching scene unfolded at Everland theme park in South Korea as people gathered to bid farewell to Fu Bao, a much-loved giant panda, before she...
India, South Korea and Japan to stay busy with IPOs while China stalls
India, South Korea and Japan to stay busy with IPOs while China stalls
AFTER the worst quarter in five years for Asia-Pacific initial public offerings (IPOs), a pick up activity is expected from South Korea, India and Japan while Chinese deals are...
Bank of Korea warns of economic hit if property slump lasts
Bank of Korea warns of economic hit if property slump lasts
THE Bank of Korea (BOK) warned on Thursday (Mar 28) that a further slump in the real estate sector would undermine broader economic activity, as it pointed to worsening...
South Korea to cut corporate, dividend income tax to boost shareholder returns
South Korea to cut corporate, dividend income tax to boost shareholder returns
SOUTH Korea will provide tax cuts for companies that raise shareholder returns and also cut taxes on dividend income for shareholders in the firms, the finance minister said on...
Ikea plans to spend 300 million euros in South Korea to win market share
Ikea plans to spend 300 million euros in South Korea to win market share
SWEDISH furniture maker Ikea plans to spend about 300 million euros (S$437.3 million) in South Korea over the next three years to increase market share in the Asian country....