Korea’s stablecoin trade at $42 bn; BOK balks at non-bank stablecoin deals
South Korea’s central bank is cautious about non-banks and fintech firms issuing and handling stablecoins amid a global cryptocurrency rally, ...
Fed’s big rate cut spurs Korean firms to issue foreign bonds
South Korean companies rushed to issue foreign currency bonds after the US Federal Reserve lowered interest rates for the first time in more than fo...
Korean won at 5-mth high; BOK may not lower interest rate
The South Korean won on Monday touched a five-month high as the central bank may not immediately cut its policy interest rate due to rising property...
Korea’s retail investors buy stocks on dips in turmoil
South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...
South Korean stocks rebound but still on rollercoaster
South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...
BOK's rate policy back to square one after GDP, Fed comments
TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...
Korean won at 17-month low on Middle East woes, Fed rate view
The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar lev...
Brokerage firms' bonds draw investors amid rate cut hopes
South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by...
Fed rate cuts will be faster than market consensus: TCW
Investors tend to rush to fixed-income markets when recession risk rises. South Korean investors are no exception – retail investors have been...
Fed rate cut hopes spur Koreans’ US Treasury bond buying spree
US Treasury bonds are gaining popularity among retail investors in South Korea amid expectations that the US Federal Reserve will cut interest rates...
More Koreans seek high-yield bond funds, betting the Fed will end hikes
South Korean investors are growing more interested in global high-yield bond funds, betting that the US Federal Reserve is likely to end its interes...
Investors roundtable: Watch out for a possible recession
Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...
Fed rate likely to be 2-4% over next decade: Oaktree's Howard Marks
Investors are experiencing the third “sea change,” facing the Federal Reserve’s rate hikes and its impact on economies and busines...
Yen hits 15-year low vs Korean won on less hawkish BOJ
The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...
Korea markets melt as Fed officials foresee longer-than-expected high rates
South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers...
Fed-triggered taper tantrum takes toll on Korean financial markets
The South Korean financial markets were roiled by a fresh taper tantrum after the US Federal Reserve chair signaled further tightening last week, tr...
Korean financial markets tumble as Fed signals higher rates
South Korean stocks, bonds and its currency tumbled on Thursday as the US Federal Reserve gave indications of another interest rate hike this year a...
BOK keeps door open for another rate hike on Fed, debts
South Korea’s central bank on Thursday kept the door open for another interest rate hike after leaving the policy borrowing cost unchanged for...
Korean won needs economic fundamentals recovery for rebound
The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....
Korea won sees largest drop in 1 month on hawkish Powell
The South Korean won currency on Wednesday suffered its largest depreciation in more than a month as Federal Reserve Chairman Jerome Powell signal...
S.Korean won near 2-month low as US data fans Fed hike views
The South Korean won skidded to a near two-month low on Friday as hotter-than-forecast US inflation data added to expectations that the Federal Rese...
Korea won near 5-mth high as Powell signals slower hikes
The South Korean won currency hit a near 5-month high on Thursday as US Federal Reserve Chairman Jerome Powell suggested a slowdown in its tightenin...
Korea exports dip for 2nd month, growth slows to 1-year low
South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...
Korea won sees best day in nearly 14 yrs, may be climbing from bottom
The South Korean won currency on Friday reported the largest daily gain in almost 14 years as lower-than-expected US inflation data bolstered expect...
Korea won hits 2-month high on US election, China hopes
The South Korean won on Wednesday hit a two-month high on expectations that a victory by the Republicans in the US midterm elections may slow the Fe...
BOK may raise rates by 50 bps again on Fed, inflation
South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...
Fed may allow recession to stem inflation: Ex-Boston Fed chief
NEW YORK -- The Federal Reserve will not be able to stem rampant inflation in the US without an economic recession, former Boston Fed President Eric...
Sinking won fans doubts over Korea’s economic fundamentals
The tanking South Korean won currency has stoked doubts over the fundamentals of Asia’s fourth-largest economy, although the government contin...
Korea FX authorities, NPS agree on currency swap; won flat
South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...
BOK chief signals another big step as Fed hike haunts won
South Korea’s central bank on Thursday signaled another 50-basis-point policy interest rate hike as the won currency weakened past the psychol...
