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Political shocks add to South Korea’s economic woes
Martial law and Trump: political shocks add to South Korea’s economic woes
Asia’s fourth-largest economy is facing these problems as it navigates twin political shocks: Donald Trump’s re-election in the US and the fallout from South Korean President Yoon Suk Yeol’s failed attempt to impose martial law.
South Korea’s central bank freezes rates amid weakened economy and political turmoil
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance. This decision follows two consecutive rate cuts in October and November,
South Korea's impeached president is arrested over martial law declaration and his supporters riot
South Korea’s impeached president, Yoon Suk Yeol, has been formally arrested, days after being apprehended at his presidential compound in Seoul
South Korean court orders formal arrest of impeached President Yoon over martial law decree
South Korea’s impeached President Yoon Suk Yeol was formally arrested early on Sunday, days after being apprehended at his presidential compound in Seoul. He faces possible imprisonment over his ill-fated declaration of martial law last month.
3d
on MSN
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
조선일보
1d
Korea faces economic growth gap with U.S.; need for measures to retain investments
Korea faces economic growth gap with U.S.; need for measures to retain investments Koreas investment landscape faces ...
12d
South African rand plunges to 8-month low after US jobs data
The South African rand weakened to an eight-month low on Friday after U.S. non-farm payrolls data reinforced bets that the ...
7d
on MSN
KOSPI 200 index forecast after the Bank of Korea decision
The KOSPI 200 Index held steady on Thursday as Asian stocks cheered the performance in New York a day earlier. The index, ...
9d
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond ...
13d
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
13d
CNBC Daily Open: South Korea's markets power through troubles
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
pna
7d
Bank of Korea holds key rate unchanged
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen ...
7d
on MSN
Stock market today: Wall Street rips higher after inflation data and strong bank profits
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence ...
7d
Bank of Korea Surprises by Holding Rates Steady As Uncertainty Lingers -- Update
The surprise decision came as South Korea's trade-dependent economy faces challenges from weakening export growth and a sluggish recovery in domestic demand, partly hindered by political turmoil ...
3d
South Korea Braces for Trump's Policies With Biggest-Ever Export Finance Support
Economists say there are worries that the Trump administration will introduce trade policies against South Korea too, after ...
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