Asian Markets Show Mixed Signals Following Wall Street's Downturn
Asian stock markets showed mixed results after Wall Street's downturn, with significant attention on South Korea's political situation and market stabilization efforts. Australia a...
political turmoil News
Political Unrest Sparks Massive Foreign Investor Exodus from South Korea's Financial Markets
Foreign investors are rapidly withdrawing from South Korea's financial markets due to political instability and the declaration of martial law, leading to significant declines in s...
Korea's Top Officials Assure Stability Amid Political Uncertainty
South Korea's economic and diplomatic leaders held a joint press conference to address concerns and outline strategies for maintaining stability amid ongoing political turmoil. Dep...
South Korea's Economic Stability Persists Despite Political Unrest
Deputy Prime Minister Choi Sang-mok held virtual meetings with credit rating agencies to prevent a downgrade due to political turmoil. The agencies agreed that Korea's economy rema...
South Korea's Democratic Party Proposes Further Budget Cuts Amid Political Turmoil
The Democratic Party of Korea has proposed an additional 700 billion won budget cut, bringing the total reduction to 4.8 trillion won. This decision reflects the current political ...
BOK Governor Rhee Chang-yong Rules Out Further Rate Cuts Amid Political Turmoil
Bank of Korea Governor Rhee Chang-yong dismissed the possibility of further rate cuts on Dec. 4, stating that there is no reason to change the economic outlook due to the martial l...
