Korean won hits new yearly low amid Trump tariff concerns
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South...
Tag : South Korea
South Korea commended by UN for peace and security contributions
UN’s Rosemary DiCarlo praised South Korea’s peacebuilding role, highlighting discussions with Korean officials on security concerns, regional stability, and broader peace initiatives, including efforts on...
Korea’s corporate financing surges 57.6 percent in September
South Korea’s corporate financing surged by 57.6% in September, driven by strong bond sales. Companies raised 31.6 trillion won, while equity issues declined significantly....
South Korea faces sharp rise in COVID-19 detected in wastewater
South Korea's latest data shows a rapid increase in COVID-19 levels in wastewater, reflecting a larger summer outbreak....
South Korea’s auto exports soar to $37 billion in first half
In 2024, South Korea's car exports reached a new high of $37 billion, driven by a surge in demand for hybrid models....
Borouge opens offices in Kenya, South Korea
Borouge, a global leader in petrochemical solutions, extends its presence with new offices in Kenya and South Korea....
South Korea edges Saudi Arabia in AFC Asian Cup 2023 shootout
South Korea secures AFC Asian Cup 2023™ quarter-finals spot with a dramatic shootout victory over Saudi Arabia....
South Korea confronts rapid rise in lumpy skin disease cases within a week
One week since South Korea reported its maiden outbreak of the lumpy skin disease (LSD) in cattle, confirmed cases have surged to 38, signaling a...
South Korea reinstates Japan on export white list to boost economic ties
South Korea has reinstated Japan on its “white list” of trusted trading partners, a significant step towards mending their bilateral economic and diplomatic ties. Three...
External debt of South Korea rises to $32 billion
Government data showed Wednesday that South Korea’s external debt increased by $32.1 billion from a year earlier. According to the Bank of Korea (BOK) and...