Israel's Strike on Iran Causes KOSPI to Plunge over 3% before Rebounding
Written: 2024-04-19 13:53:06 / Updated: 2024-04-19 15:47:26
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IMF Official: Exchange Volatility Does Not Pose Significant Economic Challenges to S. Korea
Written: 2024-04-19 09:18:00 / Updated: 2024-04-19 09:18:19
Concerning the Korean currency’s recent decline against the U.S. dollar, an official at the International Monetary Fund(IMF) has said that exchange ...
Finance Minister Negative about Extra Budget
Written: 2024-04-19 08:58:29 / Updated: 2024-04-19 09:22:56
Finance minister Choi Sang-mok has expressed negative views on the opposition party’s call to compile a supplementary budget, saying that the ...
Finance Chiefs of S. Korea, US, Japan Recognize Currency Concerns
Written: 2024-04-18 15:48:42 / Updated: 2024-04-18 17:48:56
BOK Chief Says Central Bank Holds Resources, Methods for Currency Intervention
Written: 2024-04-18 15:38:36 / Updated: 2024-04-18 15:55:26
Bank of Korea(BOK) Governor Rhee Chang-yong reasserted that the central bank holds the necessary resources and methods of intervention to ease ...
IMF: S. Korea's National Debt-to-GDP Ratio to Near 60% in 2029
Written: 2024-04-18 09:58:35 / Updated: 2024-04-18 09:59:25
South Korea’s national debt in proportion to gross domestic product(GDP) surpassed 50 percent in 2021 and is projected to approach 60 percent in ...
KOSPI Ends Wednesday Down 0.98%
Written: 2024-04-17 15:55:13 / Updated: 2024-04-17 16:56:48
The benchmark Korea Composite Stock Price Index(KOSPI) inched down 25-point-45 points, or zero-point-98 percent on Wednesday to close at two-thousand-584-point-18. The ...
Samsung Chairman's First Appeals Trial Preparation Hearing Set for May 27
Written: 2024-04-17 15:49:53 / Updated: 2024-04-17 16:56:28
The first preparation hearing of the appeals trial of Samsung Electronics Chairman Lee Jae-yong, who was found not guilty in February in a controversial ...
BOK Chief Vows to Respond to Excessive FX Volatility if Necessary
Written: 2024-04-17 10:52:15 / Updated: 2024-04-17 15:16:57
Finance Chiefs of S. Korea, Japan Ready to Take Appropriate Steps to Curb FX Volatility
Written: 2024-04-17 10:06:59 / Updated: 2024-04-17 13:23:59
The finance ministers of Japan and South Korea have expressed serious concerns about the recent depreciation of their local currencies and said ...
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