Kospi to move in 2,350-3,200 range in 2025: brokerages

South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 2024...

S.Korea-Philippines FTA to boost car and food exports

South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will ...

South Korea jumps to world’s No. 6 exporter; 2025 outlook dims

South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s export...

Korea’s new acting president assures economy resilient, security tight

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national ...

South Korea’s Acting President Han impeached; Stocks, won plummet

Han Duck-soo, South Korea’s acting president and prime minister, was impeached in Parliament on Friday amid a deepening political crisis batter...

Koreans flock to cryptos amid Trump-fueled crypto craze

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population — ...

Korea to relax FX rules by December to boost dollar selling

South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) an...

South Korea to ease foreign exchange regulations, expand FX swap line

South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial ...

POSCO to raise up to $691 million as next year’s 1st corporate bond issuer

South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fir...

S.Korea’s c.bank chief sees limited impact of political turmoil on economy

South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest economy...

Foreign workers in S.Korea surpasses 1 million

The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56 ...

Koreans' yen savings fall on profit-taking despite BOJ rate hike views

Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanese...

Korean won seen rebounding after Yoon’s impeachment

The South Korean won is expected to stage a rebound from its two-year low against the US dollar and hold steady in 2025 after the impeachment of Sout...

Korea’s president impeached over martial law; political turmoil to ease

South Korea’s parliament voted to impeach President Yoon Suk Yeol on Saturday over his stunning martial law decree, suspending him from office,...

South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoon...

Opposition-controlled Korean Parliament passes slashed $470 bn budget

South Korea's opposition-controlled National Assembly on Tuesday passed a government budget bill for 2025, slashed from the government's proposal ami...

LG CNS to use IPO proceeds to buy foreign IT firm

LG CNS Co., the information technology service unit of South Korea’s LG Group, plans to acquire a foreign IT company with the proceeds from its...

South Korea’s economic system remains resilient: finance minister

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s fourt...

S.Korea's Yoon survives impeachment; economic fundamentals firm

South Korean President Yoon Suk Yeol survived an impeachment vote against him after an overwhelming majority of governing party lawmakers boycotted p...

Korean economic policy chiefs play down martial law impact

South Korea’s Finance Minister Choi Sang-mok said on Friday that President Yoon Suk Yeol’s failed martial law attempt will have a very li...

Korea’s credit fundamentals remain firm amid political crisis: Fitch

South Korea’s credit rating remained unscathed by the political turmoil caused by the short-lived martial law declaration of President Yoon Suk...

Korean stocks diverge: Winners, losers of Yoon’s martial law debacle

South Korean stocks showed clear divergences on Wednesday amid a mixed market outlook as President Yoon Suk Yeol’s martial law declaration, rej...

BOK to buy repos to counter martial law-driven market tantrum

South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or ...

S.Korea’s inflation stays at 1% level for 3rd straight month

South Korea’s consumer prices remained steady at the 1% level for the third straight month in November thanks to a drop in oil prices. But econ...

Korean companies’ cash reserves swell to record high

Cash holdings at South Korean companies have soared to a record-high level, data showed on Monday. Companies are stepping up efforts to raise cash th...

Korea’s export growth at 14-month low, adds to BOK rate cut views

South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, a...

BOK makes 1st back-to-back rate cut since 2009 global crisis

South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anoth...

Korean pension funds buy a net $1.2 bn in Kospi stocks in November

South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their largest net purchases on...

BOK to keep rate at 3.25% in Nov despite dim GDP outlook: survey

South Korea’s central bank is expected to freeze its policy rate at 3.25% during its last monetary policy meeting of the year to prevent any fu...

South Korea returns to US FX monitoring watchlist

The United States has reinstated South Korea on its foreign-exchange monitoring watchlist, a year after it removed Asia’s No. 4 economy from th...