7 stories tagged #won

  1. South Korea Transitions to 24-Hour Currency Trading
    finance

    South Korea Transitions to 24-Hour Currency Trading

    As South Korea opens its currency market to 24-hour trading, risks and potential challenges loom for traders amid increased demand.

    2w ago 1 min read
  2. South Korea's Currency Shifts to 24-Hour Trading Amidst Concerns
    finance

    South Korea's Currency Shifts to 24-Hour Trading Amidst Concerns

    Experts anticipate challenges as South Korea opens the won to a 24-hour trading cycle, aiming for developed market status.

    2w ago 1 min read
  3. Foreign Investors Flee Seoul: $30 Billion Exits South Korean Stocks
    finance

    Foreign Investors Flee Seoul: $30 Billion Exits South Korean Stocks

    A record foreign sell-off is hammering the KOSPI. $13.2B was pulled in a single week, led by profit-taking on Samsung and SK Hynix.

    last mo. 1 min read
  4. South Korea Vows Market Intervention as Won Weakens
    finance

    South Korea Vows Market Intervention as Won Weakens

    Finance Minister Koo Yun-cheol pledges action to curb excessive volatility in forex, stock, and bond markets.

    last mo. 1 min read
  5. South Korea Warns of Market Actions as Won Hits Worst Levels
    finance

    South Korea Warns of Market Actions as Won Hits Worst Levels

    Seoul issues rare joint statement as the won slides against the dollar, warning of 'excessive' moves and potential intervention.

    last mo. 1 min read
  6. S Korea's KOSPI Breaks 7,000 as AI Chip Rally Lifts Samsung into $1 Trillion Club
    finance

    S Korea's KOSPI Breaks 7,000 as AI Chip Rally Lifts Samsung into $1 Trillion Club

    South Korea's KOSPI surged above 7,000 for the first time, driven by an AI-powered rally in semiconductor stocks. Samsung Electronics joined the $1 trillion market cap club.

    2mo ago 2 min read
  7. Bank of Korea Nominee Signals Hawkish Shift on Inflation
    finance

    Bank of Korea Nominee Signals Hawkish Shift on Inflation

    Incoming Bank of Korea Governor nominee Shin Hyun-song indicates a potential shift towards tighter monetary policy, prioritizing price stability amidst rising import costs and geopolitical tensions.

    3mo ago 1 min read