Korea
South Korea shares tumble in early trade amid uncertainty; authorities pledge ‘unlimited’ liquidity
Finance ministry’s announcement comes after martial law declaration pushed won to multi-year lows overnightSOUTH Korean shares declined sharply at the open on Wednesday (Dec 4), tumbling nearly 2 per...
South Korea shares tumble in early trade amid uncertainty, Asia markets decline
Finance ministry’s announcement comes after martial law declaration pushed won to multi-year lows overnightSOUTH Korean shares declined sharply at the open on Wednesday (Dec 4), tumbling nearly 2 per...
South Korea shares tumble amid political uncertainty as other Asia markets decline
SOUTH Korean shares declined sharply at the open on Wednesday (Dec 4), tumbling nearly 2 per cent after the country’s President Yoon Suk Yeol declared martial law overnight. Yoon...
South Korea shares fall at the close as political tensions continue; Asia markets mixed
SOUTH Korean shares continued to fall by the close on Wednesday (Dec 4), after the country’s President Yoon Suk Yeol declared martial law overnight. Yoon then lifted the decree...
Unrest in South Korea as President Yoon Suk Yeol Declares Emergency Martial Law Citing Anti-State Element, Communist Threats
South Korea's President Yoon Suk Yeol made a sensational announcement on Tuesday night, declaring emergency martial law and accusing his political opposition of subverting parliament. He also condemned what...
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
SOUTH Korean prosecutors requested on Monday (Nov 25) a five-year jail term for Samsung Electronics chairman Lee Jae-yong over actions in a controversial merger of affiliates that helped solidify...
Bank of Korea survey shows concerns emerging on US policy change risk
A BANK of Korea (BOK) survey shows US policy risks have emerged as a major concern for local financiers and experts, following the presidential election.Roughly 56 per cent of...
South Korea vows to fight volatility after won hits three-month low
SOUTH Korea’s finance minister has promised to act swiftly to curb excessive volatility in the won, the latest sign officials are growing nervous about the currency after it fell...
South Korea says it may consider additional oil tax cut
SOUTH Korea is experiencing minimal economic impact following Israel’s retaliatory strike on Iran, but may consider a further reduction in fuel oil tax if global market volatility increases, President...
Seoul Fintech Lab and 2nd Seoul Fintech Lab Achieve Major Success at Korea Fintech Week 2024
By showcasing innovative fintech solutions from 22 resident companies, Seoul Fintech Lab and the 2nd Seoul Fintech Lab attracted approximately 1,000 visitors during Korea Fintech Week 2024.Seoul Fintech Lab...