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Political shocks add to South Korea’s economic woes
South Korea’s central bank freezes rates amid weakened economy and political turmoil
By bno - Taipei Bureau South Korea's central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country's economic performance. This decision follows two consecutive rate cuts in October and November,
Martial law and Trump: political shocks add to South Korea’s economic woes
Asia’s fourth-largest economy is facing these problems as it navigates twin political shocks: Donald Trump’s re-election in the US and the fallout from South Korean President Yoon Suk Yeol’s failed attempt to impose martial law.
South Korea's impeached president is arrested over martial law declaration and his supporters riot
South Korea’s impeached president, Yoon Suk Yeol, has been formally arrested, days after being apprehended at his presidential compound in Seoul
South Korean court orders formal arrest of impeached President Yoon over martial law decree
South Korea’s impeached President Yoon Suk Yeol was formally arrested early on Sunday, days after being apprehended at his presidential compound in Seoul. He faces possible imprisonment over his ill-fated declaration of martial law last month.
2d
on MSN
Korea’s economy looks like it’s shrugging off Yoon’s impeachment crisis. Don’t be fooled
War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political ...
17h
South Korea Braces for Trump's Policies With Biggest-Ever Export Finance Support
Economists say there are worries that the Trump administration will introduce trade policies against South Korea too, after ...
4d
on MSN
KOSPI 200 index forecast after the Bank of Korea decision
Explore what to expect with the KOSPI 200 index after the latest Bank of Korea interest rate decision in which officials left ...
10d
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
5d
FirstFT: Stock investors flee emerging markets as Trump threatens tariffs
Outlook: Investors are still not pricing in enough risks in emerging markets from the fallout of a new US-China trade war, ...
7d
Investors Should Use Dollar Strength To Diversify Internationally
The high dollar and expensive U.S. stocks offer a chance to investors to buy cheap overseas assets as the risk of a bond ...
pna
4d
Bank of Korea holds key rate unchanged
Despite mounting woes leading to weak growth momentum, South Korea's central bank kept its benchmark interest rate frozen ...
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