Corporate moves abroad drive dip in Korea’s FX deposits
Foreign currency deposits in South Korea continued to slip for the second month in a row this March, with companies pulling funds for overseas investments [more…]
Category: South Korea
Global markets recoil as trade tensions deepen, recession fears intensify
Global markets were thrown into disarray Monday morning as deepening U.S.-China trade tensions sparked a sweeping selloff across Asia and beyond. President Donald Trump’s unwavering [more…]
Vietnam’s stock market prepares for long-awaited KRX system launch
Your support powers our stories The Ho Chi Minh Stock Exchange (HoSE) has urged securities companies to finalize their data records from February 28, 2025, [more…]
Seoul markets reel as political crisis deepens
Seoul’s financial markets reflected the nation’s turbulent political climate on Wednesday, as shares sank for a second day amid the fallout from President Yoon Suk [more…]
SCB X betting big on fintech and tech startups
SCB X is no longer your typical bank stuck in the past. Nope, they’ve broken free from the chains of traditional banking and are all [more…]
Philippines’ bold rate cut spurs Asia’s central banks to reconsider
In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]
Seoul’s housing market surge sparks new financial fears
The South Korean housing market is heating up again, and the flames are particularly intense in the capital, Seoul. In July, home prices across the [more…]
Hyundai zooms past expectations with record earnings
Hyundai Motor has taken the automotive world by storm with its second-quarter earnings. The South Korean giant cruised past Wall Street’s expectations, leaving analysts scrambling [more…]
South Korea slaps record fines on Credit Suisse for short-selling violations
In a turn of events, South Korea’s financial watchdog has slammed the gavel down on two subsidiaries of the erstwhile Credit Suisse group for their [more…]
Hong Kong market falters as investor confidence wavers
In a turbulent session on Thursday, Hong Kong stocks couldn’t escape the regional equities sell-off, echoing the woes from rising US Treasury yields and persistent [more…]
