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Currency News

Ousted South Korean President Park Geun-Hye Has Been Sentenced to 24 Years in ...

06 Apr 2018 03:15TIME
After years of seclusion, Park Geun-hye returned to politics by winning a parliamentary seat in the late 1990s, during a burst of nostalgia for her father after South Korea's economy was devastated by a foreign exchange crisis. In 2012, she won the ... more

Rise in value of Korean won contributes to investment, consumption: report

05 Apr 2018 22:11The Korea Herald
The rise in the real value of the South Korean won compared to other major currencies in recent years has lowered import prices and fueled investments in facilities and private sector consumption, a report said Friday. more

North Korea's Kim Jong-un is playing the investment world

05 Apr 2018 14:41Livemint
Kim's trainspotting gambit in China was an intriguing plot twist—a reminder that Xi, a leader who will be around infinitely longer than Trump, is also calling the shots. more

South Korean millennials are reeling from the Bitcoin bust

03 Apr 2018 11:34The Verge
For months, Seoul resident Ye-won Oh monitored cryptocurrency markets voraciously, refreshing her phone practically every minute of every day. more

US, South Korea to revise trade pact with currency side-deal, autos concessions

27 Mar 2018 14:37Reuters
WASHINGTON/SEOUL (Reuters) - The United States and South Korea agreed to revise their six-year-old trade pact with a side deal to deter competitive currency devaluation by Seoul and with concessions for U.S. autos and pharmaceutical companies, Trump ... more

Rise on dollar weakness following Tillerson departure; S. Korean won leads

14 Mar 2018 01:00Nasdaq
Regionally, The South Korean won led gains and rose about 0.37 percent. South Korea's finance minister said the lack of jobs growth was the country's biggest economic issue, after data showed unemployment went unchanged in February. more

S.Korea stocks, won calm; major tech shares shine

12 Mar 2018 21:15Reuters
KOSPI index holds steady, foreigners buy * Korean won flat versus U.S. dollar * South Korea bond yields were down SEOUL, March 13 (Reuters) - Round-up of South Korean financial markets: ** South Korea's KOSPI stock index barely moved on March 13, 2018 ... more

South Korea 'won't ease sanctions on North,' says Moon

07 Mar 2018 20:26Independent.ie
North Korea has boasted of its plans to develop a nuclear-tipped missile capable of reaching the mainland United States. But fears of all-out war eased last month, coinciding with North Korea's participation in the Winter Olympics in the South. "From ... more
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