This ETF invests in some of the dominant South Korean equities, including Samsung Electronics, SK Hynix, and Hyundai Motor. One impressive fact about South Korea’s stock market is that the stock market is extremely cheap, at around 11x earnings and below book value, even though the index has a high weighting in IT and consumer stocks.
Rival protests over South Korea’s impeached President Yoon held in Seoul
Demonstrators supporting and opposing South Korean President Yoon Suk Yeol held rival protests several hundred metres apart in Seoul on Saturday, a week after he was impeached over his short-lived declaration of martial law.
Why South Korea’s Political Chaos Is Putting 2025 At Grave Risk
The political mess South Korea’s Yoon Suk Yeol created is one modern history’s worst self-inflicted economic wounds.
South Korea extends ETA waiver for Singaporean travellers by 1 year
SINGAPORE: South Korea has extended its electronic travel authorisation (ETA) waiver for visa-exempt travellers from 22 countries, including Singapore. In a notice that was published on its website on Dec 11,
Political turmoil in South Korea hits already-slowing economy, puts damper on year-end festivities
“We prepared a lot in anticipation of better year-end business, but after the state of emergency was declared on Dec 3, cancellations increased significantly.” This comes during what is usually one of …
South Korea waives ETA requirement for Singaporean travellers until end-2025
Those planning trips to South Korea in the coming year will now have one less thing to worry about. Singaporeans, alongside nationals of 21 other countries and regions, will remain exempt from South …
South Korean won hits 15-year low as hawkish Fed, domestic politics weigh
The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment sparked by the U.S. Federal Reserve’s cautious stance on more interest rate cuts, on …
South Korea offers Equinor floating wind power contract
Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company …
South Korea offers Equinor floating wind power contract
Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company …
Woori Financial: Korea’s Households Are Overlevered And Delinquencies Are Rising
Read here for an analysis of financial risks in South Korea, focusing on low valuations of KB and Woori banks and underlying economic and social unrest.