Korean and U.S. Business Leaders Call for Strengthening FTA
Korean and American business leaders urge governments to ensure stability and predictability in business activities through consistent policies, emphasizing the importance of the K...
Economy News
Bank of Korea's Aggressive RP Purchases Amid Martial Law: A Strategic Move to Stabilize Markets
The Bank of Korea has purchased 14 trillion won in repurchase agreements since martial law declaration to stabilize markets. Authorities are closely monitoring conditions and incre...
South Korea's Export Surge Defies Martial Law: A Closer Look
South Korea's exports surged by 12.4% in early December, driven by significant rises in semiconductor and computer peripheral exports, despite martial law. The Ministry of Trade, I...
Exchange Rate Surge Threatens South Korean Battery and Aviation Industries
The surge in the won-dollar exchange rate is causing significant distress for South Korean companies, particularly in the battery and aviation industries. The sharp rise in the exc...
China's Monetary Policy Shift: Looser Policy and Enhanced Fiscal Support in 2025
China's Politburo announces a shift to a 'moderately loose' monetary policy and a more proactive fiscal approach in 2025, aiming to boost economic consumption, stabilize the real e...
El Salvador's $1.3B IMF Loan: Bitcoin Reforms and Fiscal Adjustments
El Salvador is close to securing a $1.3 billion loan agreement with the IMF, subject to Bitcoin reforms and fiscal adjustments. This could unlock additional funds from the World Ba...
China's Trade Surplus Soars to $97.44B in November: A Closer Look
China's trade surplus rose to $97.44 billion in November, up from $95.27 billion in October, surpassing expectations. Exports increased by 6.7% in dollar terms, while imports decli...
Australia's Central Bank Maintains Steady Rates Amid Softened Stance
The Reserve Bank of Australia (RBA) decided to keep rates steady, maintaining the cash rate at 4.35% and the interest rate on Exchange Settlement balances at 4.25%. The RBA's polic...
Popular News
