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South Korea Unveils Measures to Stem Won Slide, Curb Speculation
A worker moves bundles of South Korean 10,000 won banknotes at the Bank of Korea (BOK) headquarters ahead of the Lunar New Year in Seoul, South Korea, on Wednesday, Feb. 11, 2026. South Korea is likely to roll out around 10 trillion won ($6.8 billion) in fresh fiscal stimulus as early as March to address uneven economic growth, with support expected for sectors including culture and the arts, Citigroup said in a January report.
South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate
South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate SEOUL, June 9 : South Korea's economy grew in the first quarter at a stronger pace than previously estimated in April, revised central bank data showed on Tuesday. Gross domestic product grew 1.8 per cent in the January-March quarter from the preceding three months, faster than the 1.7 per cent increase estimated earlier, according to the Bank of Korea. Asia's fourth-largest economy grew 3.8 per cent from a year earlier,...
EM Long Bonds Seen Missing Out on Any Iran Peace Dividend
Light trails left by passing traffic at night in Daegu, South Korea, on Tuesday, April 23, 2024. Gross domestic product advanced 1.3% in the three months through March versus the previous quarter, the Bank of Korea said Thursday, an advance that soundly outpaced economists’ consensus for a 0.6% expansion.
‘Transitory euphoria’: South Korea’s strong economic outlook masks key hurdles
South Korea’s economy faces uncertainties from rising inflation, a weakening won and uneven performance across sectors, even as it grows stronger than expected this year, according to analysts. The Bank of Korea on Thursday revised its economic growth outlook for this year to 2.6 per cent, up 0.6 percentage points from its forecast three months ago, citing robust exports driven by booming semiconductor demand and government supplementary spending aimed at offsetting the shocks from the Middle...
Korea, Taiwan Stock Rallies Fail to Wow Foreign Investors
The Korea Composite Stock Price Index (Kospi), the exchange rate between the South Korean won and U.S. dollar and the Korean Securities Dealers Automated Quotations (Kosdaq) displayed inside the Woori Bank trading room in Seoul, South Korea, on Thursday, May 7, 2026. South Korea's equity market has overtaken Canada's as the worlds seventh largest, propelled by insatiable demand for chips powering artificial intelligence. Photographer: SeongJoon Cho/Bloomberg
Bulls Make Their Case as Stock Risks Pile Up
A screen shows the trajectory of the exchange rate between the South Korean won and US dollar inside a trading room at Hana Bank in Seoul, South Korea, on Monday, June 8, 2026. South Korean stocks plunged, imperiling the world’s biggest rally, as investors pulled back from artificial intelligence bets that have fueled the global bull market in equities. Photographer: SeongJoon Cho/Bloomberg
North Korea needs China for survival: Why does Beijing need Pyongyang?
North Korea needs China for survival: Why does Beijing need Pyongyang? Chinese President Xi Jinping visits North Korea as Beijing aims to boost ties amid Pyongyang’s growing relations with Russia. China’s President Xi Jinping has arrived in Pyongyang on his first overseas trip this year as he aims to boost ties with North Korea, a reclusive nuclear-armed nation opposed to US military expansion in the Asia Pacific region.
South Korea has cleared SpaceX-IPO-linked dollar demand of around $1.5 billion, source says
South Korea has cleared SpaceX-IPO-linked dollar demand of around $1.5 billion, source says SEOUL, June 10 : The massive demand for foreign exchange conversions tied to SpaceX's IPO, which has weighed heavily on the South Korean won in recent weeks, has been cleared, a source familiar with the matter told Reuters on Wednesday. The estimated $1.5 billion in orders for dollar purchases has reached its final stage, said the source who has information on dollar-won onshore market transactions....
South Korea May inflation +3.1% y/y, higher than expected
South Korea May inflation quickens to two-year high, exceeds forecasts SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening in the coming months. The consumer price index (CPI) rose 3.1 per cent from a year earlier, the biggest jump since March 2024, after rising 2.6 per cent in April, according to the Ministry of Data...
South Korea May inflation quickens to two-year high, exceeds forecasts
South Korea May inflation quickens to two-year high, exceeds forecasts SEOUL, June 2 : South Korea's consumer inflation quickened in May to a more than two-year high, exceeding market expectations on high oil prices triggered by the Middle East conflict, supporting the case for monetary tightening in the coming months. The consumer price index (CPI) rose 3.1 per cent from a year earlier, the biggest jump since March 2024, after rising 2.6 per cent in April, according to the Ministry of Data...