Exchange rate volatility does not present ‘significant” economic challenges to South Korea, an official at the International Monetary Fund (IMF) said Thursday, advising policymakers in Seoul not to “overly” focus on what moves the U.S. Federal Reserv…
Sales of derivatives-linked securities in South Korea rose from a year earlier in 2023 amid hopes for monetary easing and advances in global stock markets, data showed Friday.
The combined value of equity-linked securities (ELS) and derivatives-link…
The U.S. announced a plan to provide Samsung Electronics with $6.4 billion in subsidies to help facilitate its bid to build advanced semiconductor facilities in Austin, Texas. The plan, unveiled by the U.S. Department of Commerce on Monday, is largel…
The South Korean currency’s sharp drop Tuesday triggered a flurry of warnings and statements from financial authorities, which helped stabilized the won to some extent in the following two sessions. But vigilant monitoring is in order as volatility m…
Yonhap News Agency, South Korea’s key wire service, began an annual exposition Friday aimed at helping urban dwellers resettle in rural regions and providing export opportunities for local farms.
The three-day Y-Farm Expo 2024, co-hosted by the Nati…
Controversy has erupted over former Gyeonggi Deputy Gov. Lee Hwa-young’s stunning allegation that he had a meeting over drinks with prosecutors and suspects involved in SBW Group’s remittance of US$8 million to North Korea to help then-Gyeonggi Gov. …
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to