Category
Economy
38 articles

Government Plans 1.19 Million Public Sale, Rental Homes

Korea Zinc's U.S. Project Clears Environmental Impact Assessment

Seoul, Washington Still in Tough Negotiations Over Investment Projects

South Korea, U.S., Japan FMs Set for Talks in New York

Naver Decides Against Acquiring Stake in Baemin

South Korea's Auto Exports Plummet 29.8% in August

Foreigners Turn to Net Buyers of South Korean Assets in August

Doosan to Invest 970 Billion Won to Expand CCL Production Capacity

Seoul Stocks End Almost Flat as Investors Weigh Fed's Rate Hike

Korean Air Finalizes Purchase Agreement for 103 Boeing Aircraft

Hyundai Motor to Supply 480 Hydrogen Buses to Sunjin Group by 2032

Seoul Shares Rise Late Wednesday Morning on Tech Gains

POSCO Workers Stage Second Partial Strike Over Wage Demands

Samsung's Flakt Group Initiates Hiring in Korea Ahead of Groundbreaking

Samsung C&T Wins 512.2 Billion Won Contract to Rebuild Yeouido's Mokhwa Apartments

Lotte Shopping, KT, Hanwha Systems, LS and Kia Among Today's Key Corporate Filings

South Korean Won Holds Near 13-Month High on Semiconductor Export Boom
South Korean Won Slides to Three-Week Low as Dollar Strengthens
The won weakened to around 1,475 per dollar, its lowest level in more than three weeks, as a firmer dollar and expectations of prolonged high US rates weighed on the currency ahead of a Bank of Korea policy meeting.
South Korea's Consumer Confidence Slips in October Amid Economic Outlook Concerns
South Korea's Composite Consumer Sentiment Index eased to 109.8 in October from 110.1 in September, as households turned more cautious about the country's economic prospects. The dip, though modest, points to lingering caution that could temper domestic demand in the months ahead.

Record Korean Exports Push the Won to a Two-Year High

KOSPI Reclaims 7,000 Mark as AI Chip Demand Powers Samsung Electronics and SK Hynix

US Pressing Seoul to Expand Investment Beyond Promised $350 Billion: Lawmaker

Korea's Markets Brace for U.S. Inflation Data as Seoul Bets Big on AI and Chips
South Korea's FX Fund Bought $20 Billion of SK Hynix's Repatriated Dollars
South Korean foreign-exchange authorities purchased roughly $20 billion of the U.S. dollars SK Hynix brought home after its record $26.5 billion ADR listing, a source told Reuters, in a move aimed at easing currency volatility and rebuilding reserves.
South Korean Won Set for Gradual Gains as Exports Surge and BoK Stays Hawkish, Commerzbank Says
Commerzbank analysts say South Korea's booming exports and a hawkish central bank should support steady, gradual appreciation of the won, with the currency already trading near its strongest level since July 2025.

South Korea's Semiconductor Exports Nearly Triple, Sparking Overheating Worries

South Korea's Chip Exports Hit Record High as AI Boom Powers Trade Surplus
Won Strengthens as Bank of Korea Extends Rate-Hike Cycle
The Bank of Korea raised its policy rate to 3% on Thursday, pushing the won toward an 11-month high against the dollar as AI-driven chip exports bolster confidence in the economy.

KOSPI and KOSDAQ Surge Over 1.6% as Samsung, SK Hynix Lead Chip Rally
South Korea's Early Exports Surge, Bolstering Case for More Rate Hikes
South Korea's preliminary export figures for the first 20 days of the month extended their upward run, propelled by booming demand for AI-related chips, adding pressure on the Bank of Korea to keep tightening policy.

Samsung, SK Hynix Post Record Q2 Profits as AI Memory Boom Reshapes Korean Economy

Samsung and SK Hynix Shares Sink 9% as Micron-Led Chip Selloff Hits South Korea
South Korean Won Eases on Escalating US Tariff Risks
The South Korean won slipped toward 1,446 per dollar as renewed threats of US tariffs, including a possible Section 301 probe, rattled investors and clouded the outlook for the country's key exports.
South Korean Won Strengthens on FX Measures, Trade Gains
The won firmed to around 1,466 per dollar as government efforts to calm capital-outflow worries combined with a surge in semiconductor-led exports to lift the currency. A narrowing US-Korea rate gap after the Fed's latest cut added further support.
South Korean Won Hits 4-Month High as Bank of Korea Holds Rate Steady
The South Korean won climbed to about 1,422 per dollar, its strongest level in four months, after the Bank of Korea kept interest rates unchanged and raised its 2026 growth forecast.
POSCO Holdings Posts KRW 69 Trillion in 2025 Sales, Bets on Lithium and Overseas Steel for Profit Rebound

KOSPI Briefly Tops 7,000 as Samsung Electronics and SK Hynix Extend Rally
