Bank of Korea downgrades 2025 GDP forecast SEOUL: South Korea’s central bank said on Monday its economic growth projection for 2025 was estimated between 1.6%... Published 20 Jan, 2025 08:00am
Markets Dollar steady as markets await Trump inauguration SINGAPORE: The dollar was hovering near a more than two-year high at the start of a pivotal week on Monday, as... Published 20 Jan, 2025 07:54am
Business & Finance South Korea’s LG CNS launches IPO for up to $817 mln, term sheet says SYDNEY: South Korean IT services provider LG CNS started book building on Monday to raise up to $817 million in an... Published 06 Jan, 2025 08:15am
Business & Finance Asian currencies: S Korean won inches higher BENGALURU: Most Asian currencies slipped on Friday and were set for weekly declines against a strengthening dollar,... Updated 04 Jan, 2025 07:49am
Markets Dollar headed for best week since November on US rates, economic outlook SINGAPORE: The dollar was on track for its best weekly performance in over a month on Friday, underpinned by... Published 03 Jan, 2025 08:11am
Markets Dollar starts 2025 higher; yen rooted at five-month lows SINGAPORE: The U.S. dollar kicked off 2025 on the front foot on Thursday after a strong year of gain against most... Published 02 Jan, 2025 08:06am
Business & Finance Most Asian currencies subdued BENGALURU: Most Asian currencies were muted on Monday, weighed down by high US Treasury yields and a firm dollar... Published 31 Dec, 2024 06:32am
Markets South Korean shares set to end 2024 with losses of nearly 9% The benchmark KOSPI was up 22.83 points, or 0.95%, at 2,427.60 Published 30 Dec, 2024 11:35am
Markets Most Asian currencies subdued heading towards year-end; South Korean markets rise Most Asian currencies were subdued on Monday, pressured by high US Treasury yields and a firm dollar, while South... Published 30 Dec, 2024 10:52am
Business & Finance Asian currencies: S Korean won at 16-year low BENGALURU: The South Korean won dropped to a fresh 16-year-low and the stock market tumbled on Friday amid ... Published 28 Dec, 2024 06:59am
Markets South Korean won tumbles amid political woes; dollar strength undermines Asian FX The South Korean won hit a fresh 16-year low and the stock market tumbled on Friday amid increasing political... Published 27 Dec, 2024 02:31pm
World South Korea’s parliament convenes for acting president impeachment vote, as Yoon goes on trial SEOUL: South Korea’s parliament began a session on Friday where a vote to impeach acting President Han Duck-soo over... Published 27 Dec, 2024 12:36pm
Markets Dollar steady after benign US inflation eases worries over rates SINGAPORE: The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing... Published 23 Dec, 2024 08:14am
Markets South Korea to ease FX regulations to improve liquidity conditions SEOUL: South Korea’s financial authorities said on Friday they would loosen foreign exchange regulations to improve... Published 20 Dec, 2024 11:07am
Business & Finance Asian currencies: Won posts weekly loss, Thai baht up BENGALURU: The South Korean won and shares plummeted on Friday following fresh reports of a potential second martial... Published 07 Dec, 2024 08:13am
Markets Euro wobbles, South Korean won steady as political turmoil checks sentiment SINGAPORE: The euro was subdued on Thursday after the widely expected collapse of the French government, stoking... Published 05 Dec, 2024 09:59am
Business & Finance Asian currencies rise ahead of US election BENGALURU: Most Asian currencies rose on Monday, as the dollar skidded at the start of a crucial week dominated by... Published 05 Nov, 2024 03:30am
Markets South Korean won stands tall in tepid Asian FX, stocks mixed The South Korean won stood tall on Tuesday as the major gainer among emerging Asian currencies struggling for... Published 29 Oct, 2024 11:32am
Business & Finance Asian currencies: South Korean won hits 3-month low BENGALURU: The Philippine peso and Indonesian rupiah led declines among Asian currencies on Friday, extending recent... Published 26 Oct, 2024 05:55am
Business & Finance Most Asian FX rise on smaller Fed rate cut bets BENGALURU: Emerging Asian currencies got a leg up on Friday due to a weakened dollar, while stocks in the region ... Published 12 Oct, 2024 06:17am
Business & Finance Asian currencies: South Korean won, Taiwan dollar easier SINGAPORE: Emerging Asian currencies slipped on Friday, with the South Korean won and the Taiwan dollar weakening ... Published 05 Oct, 2024 06:43am
Business & Finance Asian currencies: S Korean won jumps up to 1pc BENGALURU: Equities in Asian emerging markets advanced on Friday, eyeing a positive end to an otherwise rough week ... Updated 10 Aug, 2024 08:05am
Business & Finance Asian currencies: Malaysian ringgit rises more than 1pc BENGALURU: Most emerging Asian stock markets tumbled on Friday, with South Korea and Taiwan leading the decline, as... Published 03 Aug, 2024 06:46am
Markets South Korean won leads laggards in Asian FX; most shares in red South Korea’s won declined the most among subdued emerging Asian currencies on Friday, while most regional share... Published 02 Aug, 2024 10:20am
Business & Finance Asian currencies: South Korean won, Indonesian rupiah slip JAKARTA: Among currencies, the South Korean won and the Indonesian rupiah slipped around 0.3% and 0.2%, ... Published 27 Jul, 2024 06:16am
Business & Finance Asian currencies range-bound BENGALURU: Taiwanese shares tanked to a one-month low on Monday with the Taiwanese dollar leading losses among other... Published 23 Jul, 2024 08:29am
Business & Finance Asian currencies: S Korean won hits two-week low BENGALURU: Asian emerging market currencies were on the back foot on Monday against a broadly stronger dollar as... Published 16 Jul, 2024 06:44am
Business & Finance Asian currencies set to end 1H in red BENGALURU: Most Asian currencies and stocks held their ground on Friday ahead of key US inflation data, but were on... Published 29 Jun, 2024 06:40am
Markets Indonesian rupiah hits 4-year low on resilient dollar Indonesia’s rupiah fell to a four-year low on Friday, pressured by a strong dollar even as the local central bank... Published 14 Jun, 2024 10:31am
Business & Finance Most Asian currencies subdued BENGALURU: Most Asian currencies moved in a narrow range on Friday but were set for monthly gains, while shares rose... Published 01 Jun, 2024 06:59am