SEOUL, Aug 4 (Reuters) – South Korean President Lee Jae Myung ordered officials late on Monday to conduct follow-up reviews within two to three days on financial and housing supply measures, after a …
South Korea’s Lee orders swift follow-up on housing supply, financial measures
SEOUL, Aug 4 (Reuters) – South Korean President Lee Jae Myung ordered officials late on Monday to conduct follow-up reviews within two to three days on financial and housing supply measures, after a …
South Korea vows to soothe stock market volatility as ETF boom slows
SEOUL, Aug 4 (Reuters) – South Korea will take steps to curb stockmarket volatility, the finance minister said on Tuesday, amid signs of a slowdown in retail investment in single-stock leveraged …
South Korea inflation cools to three-month low, but risks remain
SEOUL, Aug 4 (Reuters) – South Korea’s consumer inflation softened to a three-month low in July, coming in below market expectations on a fall in oil prices, though policymakers remained wary of …
South Korea proposes higher taxes on wealthy homeowners to stabilise property market
SEOUL, Aug 3 (Reuters) – South Korea proposed on Monday property tax adjustments aimed at imposing higher duties on wealthy homeowners, as policymakers strive to stabilise a red-hot housing market.
South Korea’s smaller crypto exchanges chase finance deals as volume halves
After first-half trading turnover fell 54.6% from a year earlier, South Korea’s five won-based crypto exchanges are rebuilding their businesses around bank and brokerage partnerships, institutional …
N. Korean economy grows over 3 pct for 3rd consecutive year in 2025: BOK
The North Korean economy grew more than 3 percent for the third consecutive year in 2025, supported by expanded economic cooperation with Russia, South Korea’s central bank said Friday.
Posts spin false tale of South Korea library costs masking financial support to Pyongyang
Ahead of the opening of a new library dedicated to unification and North Korea, posts falsely claimed the South Korean government was indirectly providing support to Pyongyang by spending nearly 50 …
South Korea bets $14B on AI as trillion-dollar race accelerates
According to the finance ministry of South Korea, it will set up a sovereign wealth fund worth more than 20 trillion won ($14 billion) on Friday to invest in strategic and advanced industries. It …
South Korea bets $14B on AI as trillion-dollar race accelerates
According to the finance ministry of South Korea, it will set up a sovereign wealth fund worth more than 20 trillion won ($14 billion) on Friday to invest in strategic and advanced industries. It …