SEOUL – South Korea’s Finance Ministry said on Dec 5 that the government will activate 40 trillion won (S$38 billion) worth of market stabilisation fund, after President Yoon Suk Yeol’s lifting of a …
South Korea’s Already Shaky Markets Further Rattled by Political Turmoil
Officials pledged “unlimited” support to markets as traders digested the implications of South Korea’s brief declaration of martial law.
South Korea’s martial law crisis is worsening the ‘Korea discount’ in stocks
Expect volatility and negative price action across South Korean assets and related markets, says one analyst.
North Korea Targets South Korean Property: Power Towers and Golf Clubhouses Destroyed
North Korea has dismantled power lines, causing the collapse of several transmission towers built for the Kaesong Industrial Complex.
South Korea’s high-profile actor Yoo Ah In sells Itaewon property for US$4.5 million while serving prison sentence
High-profile South Korean actor Yoo Ah In has sold his Itaewon house in Seoul for 6.3 billion won (approximately US$4.5 million) while serving a one-year prison sentence.
China Market Update: November Electric Vehicle Sales Roar (Silently)
Asian equities were mixed overnight as South Korea underperformed in an unexpected political development, Taiwan and Indonesia outperformed, and the US dollar was weaker overnight while Thailand was closed for the King’s birthday.
Why the North Korea-Russia Alliance Is a Grave Threat
In this volatile and extremely uncertain landscape, South Korea has little to gain and much to lose by taking premature action that might harm its national interests.
Most foreign-owned land in South Korea held by US citizens, houses by Chinese
SEOUL: The amount of property and land owned by foreigners in Korea has inched up this year, with Chinese nationals owning the majority of homes, but Americans owned the majority of land.
Vietnam extradites man to S. Korea for fraud
Kim was requested to be extradited back to South Korea so he could be charged with obtaining property by fraud. Vietnam and South Korea signed an extradition treaty in 2003.
Russia supplied air defense missiles to North Korea in return for its troops, South Korea says
A top South Korean official says Russia has supplied air defense missile systems to North Korea in exchange for Pyongyang sending troops.