dollar won rate

Samsung Heavy Industries Co. has begun the process to raise 1 trillion won ($900 million) in a rights offering, in what is set to be its first share...

South Korean media company CJ ENM Co. on Monday announced a plan to spend 5 trillion won ($4.5 billion) to produce original content over the next fi...

Hyundai Motor Co.’s Santa Fe hybrid has earned higher ratings than Toyota Motor Corp.’s Highlander, one of its strongest rivals, in an e...

South Korea’s central bank governor on Thursday flagged a possible policy rate hike before the end of the year as the domestic economy recover...

Choi Jeong-woo, chairman of POSCO, South Korea’s largest steelmaker, said it’s no exaggeration to say that the company’s future is...

Smilegate Entertainment Inc. has become the fifth South Korean game company to join the trillion won club, as it posted a revenue of 1.73 trillion w...

South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile i...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app Baedal Minjok, commonly known as Baemin, has joined the 1 trillion w...

South Korea’s leading credit rating and business valuation services provider, Korea Ratings, has stepped into the online due diligence service...

The average birth rate in South Korea dropped to a fresh low of 0.84 last year, the world’s lowest, which population experts said will unlikel...

New corporate bond issuance in South Korea is on course to hit 9.2 trillion won ($8.3 billion) in February of this year, the highest amount issued f...

Surging sea freight rates, coupled with a shortage of bulk carriers and container ships, are putting South Korean exporters and importers in a bind ...

The $1 billion green bond sale by SK Battery America Inc., a US unit of South Korea’s SK Innovation Co., was nine times oversubscribed at $9 b...

South Korea’s central bank governor has warned of an abrupt stock market correction, asking investors to refrain from excessive borrowing amid...

Hanwha Life Insurance Co., South Korea’s No. 2 life insurer, will make active use of derivatives and structured products to hedge against inte...

The Bank of Korea has raised its growth forecast for this year and next, citing advances in vaccine development and a rebound in exports, after keep...

Foreign currency deposits in South Korea have swelled to a record high in November on the back of a weaker dollar, boosting local banks' holdings to $...

The South Korean won suffered its biggest daily loss in five months against the dollar on Nov. 19, after Finance Minister Hong Nam-ki stepped up warni...

The won-dollar exchange rate, which has been declining since the breakout of the COVID-19 pandemic, is falling faster since Joe Biden was elected as...

South Korea’s major companies are facing a triple whammy of challenges — a stronger Korean currency, soaring seaborne and air freight rate...

The South Korean won is riding high against the dollar amid expectations of a new US stimulus package, as presidential candidate Joe Biden’s lik...

The Bank of Korea has left its policy rate unchanged at a record low of 0.5% as was widely expected, citing a slow economic recovery amid the ongoing ...

Shinhan Card Co. is set to issue $300 million (about 340 billion won) worth of dollar bonds at the end of this month for overseas investors, according...

South Korean financial regulators are considering introducing flat-rate underwriting fees for initial public offerings, in a move seen aimed at coolin...

Shinhan Bank has raised A$400 million ($285 million) in five-year bonds denominated in the Australian dollar to fund lending to pandemic-hit companies...

The South Korean won leapt to its highest close in eight months against the dollar on Sept. 18, powered by foreign investors’ week-long stock bu...

Hyundai Capital America, the US capital arm of Hyundai Motor Group, has issued $2.5 billion worth of global bonds, the largest amount for a local comp...

South Korea’s Celltrion Inc. and its affiliates are expected to post robust operating profits this year on the back of strong sales of Remsima a...

South Korea’s SK Hynix Inc. plans to raise $500 million by issuing dollar-denominated bonds in October to gird itself for a protracted industry ...

The Bank of Korea revised down its 2020 growth forecast for the South Korean economy to a negative 1.3% from the previous 0.2% contraction on August 2...