News South Korea: South Korea launches $150 billion U.S. shipbuilding investment push
South Korea launches a financing council to support $150 billion in U.S. shipbuilding investment while sharing early-stage risks with industry.
News South Korea: S. Korea gov't revises up 2026 growth outlook to 3 pct on chip supercycle
The South Korean government on Tuesday revised up its economic growth projection for 2026 to 3 percent, up 1 percentage point from its previous outlook, citing a semiconductor supercycle.
News South Korea: South Korea's market sell-off sparks investor fears in ETFs
In the latest installment of Yahoo Finance's ETF Report, VettaFi investment strategist Cinthia Murphy assesses the impact that the sell-off in South Korean markets — the KOSPI (^KS11) — has had in the ETF space.
News South Korea: South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
From tokenized public spending trials to government bond pilots, the state is aggressively pushing public finance onto distributed ledgers.
News South Korea: Foreign Investors Pull $46 Bn From Emerging Market Equities In June; South Korea, Taiwan Hit Hardest
Foreign investors withdrew $46.1 billion from emerging market equities in June, led by record outflows from South Korea and Taiwan, while bond markets attracted $28.3 billion, according to IIF data. Rising global uncertainty and a technology selloff drove investors toward fixed-income assets.
News South Korea: OP-ED: South Korea's rising debt draws IMF warning
April 17 (Asia Today) --This commentary is the Asia Today Editor's Op-Ed. The International Monetary Fund has singled out South Korea in warning of a rapid rise in government debt, raising concerns ...
News South Korea: South Korea’s rise in household debt raises questions over financial stability
Korea’s May household borrowing surge, fuelled by stock FOMO and cheap credit, raises debt and default risks—especially for youth, writes Bhavya Patel ...
News South Korea: Nearly 900 staff leave South Korea policy banks in 3 years
March 11 (Asia Today) --Nearly 900 employees have left South Korea's major state-run policy banks over the past three years, raising concerns about growing talent outflows linked to lower pay and ...
News South Korea: AI Is Changing Everything In South Korea, Especially At The Bank Of Korea
Most central banks, including the Federal Reserve, still treat artificial intelligence as a research topic. The Bank of Korea treats it as an emergency.
News South Korea: Gyeonggi Province expands funding to upgrade migrant worker facilities
Faced with a shrinking domestic workforce and a chronic labor shortage across its industrial heartland, Korea’s most populous province is deploying...
News South Korea: South Korean shares drop 20% from peak as chipmaker stock volatility sharpens
By Jihoon Lee and Yena Park SEOUL, July 8 (Reuters) - South Korean shares fell sharply, extending losses into a third straight session on Wednesday, hit by volatility in chipmaker stocks over AI worries and growing concerns about risky investment products. The benchmark KOSPI was down 395.76 points, or 5.17%, at 7,260.55 as of 0519 GMT. That means it has dropped more than 20% from a record close
News South Korea: Kospi enters bear market! What South Korea’s finance minister said after 20% crash
South Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconductor giants Samsung Electronics and SK Hynix. Finance Minister Koo Yun-cheol warned that heavy concentration in chip stocks is increasing market volatility. Despite the correction, Kospi remains the world’s top-performing major index in 2026.
News South Korea: Korea extends tax deadlines after local system outage
South Korea extended deadlines for local tax payments after a system failure disrupted online and offline tax services nationwide, affecting municipal offices, ...
News South Korea: MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
The review comes amid hopes that Seoul could be included in MSCI's Developed Markets watchlist.
News South Korea: MSCI keeps South Korea at emerging market status, cites FX accessibility
SEOUL, June 24 (Reuters) - Global index provider MSCI kept South Korea in its emerging-market category, citing long-standing accessibility issues related to the onshore foreign exchange market in its annual market-classification review. "The Korean won is not deliverable offshore. Even more concerning, onshore liquidity during the extended FX trading hours remains largely insufficient to support
News South Korea: Wall Street is getting trampled by an AI sell-off. South Korean market plunges 10%
Volatility has returned to the stock market, and AI is once again the culprit.
News South Korea: South Korea starts 24-hour trading of dollar-won
SEOUL, July 6 (Reuters) - South Korea launched its historic 24-hour onshore spot dollar-won trading system on Monday as part of efforts to broaden currency convertibility as it aims to win an upgrade to developed market status on the MSCI global index. The onshore market opened at 6 a.m. on Monday (21:00 GMT Sunday) and will run uninterrupted until 06:00 a.m. on Saturday. This is going to be the
News South Korea: South Korea deepens CBDC push – All about the new phase of ‘Project Hangang’
South Korea’s CBDC initiative, Project Hangang, is set to advance to a more advanced stage. According to a recent report from ETNews Korean Edition, the country’s existing mobile banking and account ...