Category: South Korea

Nov. 13, 2023 - South Korean stocks declined due to worries about a possible US government shutdown following Moody's downgrade of the United States' rating outlook, leading to a drop in the local currency against the US dollar. (Photo: File)
Estimated read time 2 min read
Investing & Markets South Korea

South Korean stocks face headwinds amid U.S. government shutdown concerns and Moody’s rating cut

  • Post Date 11/13/2023

South Korean stocks experienced a downward trend on Monday, fueled by growing concerns over a potential US government shutdown following a downgrade in Moody’s rating [more…]

Nov. 8, 2023 - Coupang, the South Korean e-commerce powerhouse, reported record-breaking third-quarter earnings, driven by surging customer numbers and stellar core business performance. (Photo: Wikipedia)
Estimated read time 3 min read
Investing & Markets South Korea

Coupang shares slides overshadowing its record Q3 earnings and growing customer base

  • Post Date 11/08/2023

In a recent announcement, South Korean e-commerce giant Coupang has continued its impressive financial winning streak by revealing record third-quarter earnings. These outstanding results are [more…]

Nov. 6, 2023 - South Korean stocks recorded an unprecedented 5.6 percent surge on Monday as the nation reinstated a short-selling ban to combat illicit market activities by global investment banks. (Photo: KRX)
Estimated read time 3 min read
Investing & Markets South Korea

South Korean stocks surge as short selling ban takes effect

  • Post Date 11/06/2023

South Korean stocks experienced an unprecedented surge on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) soaring by 5.6 percent, marking its sharpest-ever [more…]

A truck navigates through shipping containers at the container terminal located in Incheon Port, South Korea. (Photo: Kim Hong-Ji | Reuters)
Estimated read time 2 min read
Investing & Markets South Korea

South Korea’s September exports decline at the slowest rate in a year

  • Post Date 10/01/2023

South Korea’s September exports defied market expectations by decelerating their decline, indicating the gentlest contraction in a year of economic downturn—a promising development for the [more…]