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Today: April 02, 2025
Today: April 02, 2025
Cynthia Kim

Cynthia Kim

Staff Writer

Latest From Cynthia Kim

Asia|Business|Economy|Political|World

South Korea exports rise but tariff risks dim outlook; steel drops

South Korea's March exports grew for a second month but missed market expectations, suggesting a softening outlook as a global trade war triggered by U.S

South Korea exports rise but tariff risks dim outlook; steel drops
Asia|Business|Economy

Bank of Korea's Chang says need to monitor household debt growth

A board member of South Korea's central bank said on Wednesday household debt growth could take centre stage in policy discussions again amid an

Bank of Korea's Chang says need to monitor household debt growth
Asia|Business|Economy

Bank of Korea cuts rates to bolster growth, lowers GDP forecast

The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy

Bank of Korea cuts rates to bolster growth, lowers GDP forecast
Business|Economy|Finance

Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews

South Korea's central bank chief on Friday said odds for any further policy action to stabilize the slumping Korean won now depend on how

Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews
Business|Economy|Finance|News|World

Exclusive-South Korea lining up banks to help finance $22 billion arms sale to Poland

After hitting statutory limits on import-export lending, South Korea is gathering local banks to help Poland buy $22 billion worth of weapons in Seoul's

Exclusive-South Korea lining up banks to help finance $22 billion arms sale to Poland
Asia|Economy

South Korea Q1 GDP growth smashes estimates, but outlook's uncertain

The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pick-up in domestic

South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Asia|Business|Economy|Finance

South Korea holds rates, signals tight policy to stay over short term

South Korea's central bank held interest rates at a 15-year high on Thursday and struck a balanced policy tone while reiterating risks around

South Korea holds rates, signals tight policy to stay over short term
Asia|News|World

North Korea condemns denuclearisation call at neighbours' summit in Seoul

North Korea condemned China, Japan and South Korea on Monday for committing to denuclearise the Korean peninsula, describing their joint declaration

North Korea condemns denuclearisation call at neighbours' summit in Seoul
Asia|Economy|Finance

South Korea expands currency swap with pension fund as won tumbles

South Korea's foreign exchange authorities on Friday said they agreed with the National Pension Service to expand a currency swap line to $50 billion from the current

South Korea expands currency swap with pension fund as won tumbles
Asia|Finance|Stock Markets

South Korea FX authorities aimed to cap dollar-won at 1,385, sources say

South Korea's foreign exchange authorities view the 1,385 level as a line in the sand for the won versus the dollar, two sources involved in the policy

South Korea FX authorities aimed to cap dollar-won at 1,385, sources say
Asia|Business|Economy

S.Korea sees stronger growth, vows to support sectors hit by high interest rates

South Korea's government on Wednesday vowed to support small businesses and the construction sector struggling due to high interest rates in the second

S.Korea sees stronger growth, vows to support sectors hit by high interest rates
Asia|Economy|Finance

Bank of Korea says it targets inflation rate, not prices

South Korea should try to address the country's high prices through structural reforms, a Bank of Korea official said, as the central bank mainly targets

Bank of Korea says it targets inflation rate, not prices
Asia|Business|Economy|Finance

Bank of Korea weighs rate cut timing as it delivers dovish hold

South Korea's central bank said it was time to prepare for a pivot to interest rate cuts but more evidence is needed to strengthen confidence that

Bank of Korea weighs rate cut timing as it delivers dovish hold
Business|Economy|Finance|US

Shunning home markets, South Korean retailers pile-up on US stocks

South Korea's mom-and-pop investors are defying last week's global financial markets rout by pouring even more funds into U.S. stocks, a years-long

Shunning home markets, South Korean retailers pile-up on US stocks
Asia|Economy|Finance

Bank of Korea opens door to rate cuts as growth risks trump inflation

South Korea's central bank kept interest rates unchanged on Thursday but revived expectations for an imminent policy easing that some economists see

Bank of Korea opens door to rate cuts as growth risks trump inflation
Asia|Economy|Health|Lifestyle|World

Korea's birth rate drive struggles to sway 'YOLO' generation

As South Korea scrambles to halt the sharp decline in its birth rate, policymakers are having a hard time convincing many in their 20s and

Korea's birth rate drive struggles to sway 'YOLO' generation
Asia|Business|Economy|Finance

South Korea export momentum cools, led by slower U.S. shipments

The pace of South Korea's export growth slowed in September, with shipments to the United States losing momentum, in an outcome that may support market expectations

South Korea export momentum cools, led by slower U.S. shipments
Asia|Economy|Finance

Korean inclusion in FTSE Russell bond index seen shoring up local markets

The surprise inclusion of South Korean sovereign bonds in the FTSE Russell's benchmark bond index is expected to give the won currency a boost on Thursday

Korean inclusion in FTSE Russell bond index seen shoring up local markets
Asia|Business|Economy|Finance

South Korea's central bank makes first rate cut, flags room for more

South Korea's central bank cut interest rates for the first time since mid-2020 on Friday and flagged there was room to reduce further, giving some

South Korea's central bank makes first rate cut, flags room for more
Business|Election|Finance|Stock Markets|US

'Trump trade' surges as he claims victory

Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the U.S. presidential

'Trump trade' surges as he claims victory
Political|US|World

South Korea's Yoon praises Trump in phone call as trade officials brace for tariffs

South Korean President Yoon Suk Yeol spoke with Donald Trump on Thursday and congratulated him on winning the U.S. presidency on the "Make America Great

South Korea's Yoon praises Trump in phone call as trade officials brace for tariffs
Asia|Business|Economy|Finance

Korea Zinc takeover battle tests Seoul's resolve on tackling 'Korea discount'

A takeover battle over Korea Zinc is adding pressure on Seoul to pass legislative reforms to ensure better protections for all investors in a

Korea Zinc takeover battle tests Seoul's resolve on tackling 'Korea discount'
Asia|Business|Economy|Finance|Political

South Korea makes surprise rate cut as Trump trade risks loom

South Korea's central bank delivered a surprise interest rate cut on Thursday and signaled more to come, as economic growth faltered and policymakers

South Korea makes surprise rate cut as Trump trade risks loom
Asia|Economy|Finance|Political

South Korea rushes to stabilise markets after Yoon's martial law bid

South Korea's finance ministry said on Wednesday it was ready to deploy "unlimited" liquidity into financial markets after President Yoon Suk Yeol lifted a martial law

South Korea rushes to stabilise markets after Yoon's martial law bid
Asia|Political|World

From decree to defeat: Inside South Korea's failed martial law attempt

At his confirmation hearing three months ago, South Korea's defence minister Kim Yong-hyun rejected accusations from the

From decree to defeat: Inside South Korea's failed martial law attempt

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