exchange rate

The South Korean won is expected to weaken to 1,400 against the dollar, a level not seen since the 2008-09 global financial crisis as the country&rs...

The commercial real estate market in Seoul slowed this year, according to a report by South Korean online property platform RSquare. The sum of the ...

Dunamu, the operator of South Kora’s largest cryptocurrency exchange Upbit, has launched two programs to support 500 startups over the next fi...

South Korea’s central bank is expected to raise interest rates by 50 basis points (bps) on Wednesday for the first time in history to cool dow...

The South Korean won is expected to further depreciate after touching its lowest level since the 2008-2009 global financial crisis, on concerns that...

Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...

South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...

Meta Platforms Inc., formerly known as Facebook, and Seoul National University (SNU) jointly launched an extended reality (XR) research center in So...

South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 4...

The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...

South Korea’s won hit a 13-year low, weakening past the psychologically important 1,300 per US dollar level for the first time since the 2008-...

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...

Some major securities firms in South Korea are having difficulties with overseas alternative assets they have yet to sell down. The brokerage firm...

South Korea’s inflation accelerated further in May to the fastest pace since the 2008-09 global financial crisis on surging energy and food pr...

The price of LUNA 2.0 (LUNA), the brand-new token of the controversial Terraform Labs Ltd., has been on a tumultuous ride since its debut a couple o...

Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...

South Korea’s central bank delivered a back-to-back interest rate hike for the first time in 15 years on Thursday to curb rampant consumer pri...

Cryptocurrency investors in South Korea have threatened to file a class action lawsuit against co-founders of the disgraced blockchain platform oper...

South Korea’s central bank chief said he will consider big-step interest rate hikes in the coming months to curb inflation in Asia’s fou...

South Korea’s new President Yoon Suk-yeol called an emergency meeting as the won currency tumbled to its weakest level since the 2008-09 globa...

South Korean leading security services provider SK Shieldus Co. has scrapped its plan to go public this month. Its bookbuilding gained tepid investo...

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...

South Korea’s lawmakers gave the nod to the nomination of veteran International Monetary Fund official Rhee Chang-yong as the country’s ...

South Korea’s central bank on Thursday raised its policy interest rate in a surprise move as accelerating inflation is feared to bite into gro...

Shares of Naver Corp. and Kakao Corp. are expected to decline further after South Korea’s top two platform giants already lost 20 trillion won...

Grade-A offices saw their lowest-ever quarterly vacancy rate in the first quarter of 2022 since 2010, when Canada-based real estate investment manag...

South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled with growing external u...

South Korea’s consumer prices in March grew at the fastest pace in more than 10 years on surging energy and commodity prices, while the centra...