Asian markets mixed on tariff news
Asian stocks experienced a mixed performance on Tuesday, as Chinese stocks surged following reports of a gradual US…
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South Korean President Yoon Suk Yeol
Asian stocks drop on strong US jobs data
Asian stocks fell and the dollar reached 14-month highs following a strong payrolls report that raised bond yields…
BOK governor: dollar-won exchange rate rises post-martial law attempt
Bank of Korea (BOK) Governor Rhee Chang Yong stated on Tuesday that the dollar-won exchange rate had increased…
S. Korea’s c. bank pledges to maintain financial stability
South Korea's central bank pledged to stabilise financial markets and emphasised the need for consistent…
BOK floods market with liquidity amid political turmoil
The Bank of Korea (BOK) has significantly increased its liquidity injections into the financial market to stabilise…
S. Korea’s political turmoil poses no threat to oil supply to Asia-Oceania customers
South Korea's political conflict is not expected to impact refiners' ability to fulfil spot and term oil product…
S. Korea’s turmoil fallout impacts Asian shares
Asian stocks fell on Wednesday and currencies were unstable as traders tried to navigate the political turmoil in…
S. Korea introduces special chips act amid US challenges
South Korea's ruling party introduced a special chips act to support chipmakers and exempt them from working hour…
S. Korea plans to invest $6.45b in semiconductor industry
The South Korean government plans to invest 8.8 trillion won ($6.45 billion) in 2025 to boost the semiconductor…
S. Korea’s president to announce pension reforms
South Korea's President Yoon Suk Yeol is set to unveil pension reforms this week to improve benefits for conscripts…
S. Korea-Africa summit boosts economic collaboration
Nearly 50 deals and agreements have been inked during South Korea's inaugural summit with leaders from 48 African…
Chinese, Japanese, S. Korean PMs pledge to boost free trade talks
Chinese Premier Li Qiang and South Korean President Yoon Suk-yeol pledged to expedite the second phase of Free…
S. Korea’s CSI declines to 100.7 in March – survey
South Korea's consumer sentiment index (CSI) dropped sharply to 100.7 in March from 101.9 in February, due to…
KNOC signs 5.3 mln barrel oil storage deal with Saudi’s Aramco
South Korea’s state-run Korea National Oil Corp (KNOC) announced on Monday that it has signed a deal with Saudi…
Abu Dhabi to invest $2 bln in South Korea
Abu Dhabi organizations have identified two billion dollars of investment opportunities in South Korea, following…
Samsung, GM to invest $3bln in EV battery factory
Samsung and General Motors (GM) announced on Tuesday that they plan to invest about $3 billion in an electric…
Netflix set to invest $2.5 bln in South Korean films and shows
Netflix announced its plans to invest $2.5 billion in future South Korean films and TV shows over the next four…
South Korea to revive Japan’s preferential trade status
South Korean President, Yoon Suk Yeol stated on Tuesday his government will take the measures needed to restore…
Samsung to invest $230 bln in SK chipmaking base
Samsung Electronics is expected to invest $230 billion for the next 20 years to develop the world’s largest…