financial crisis
Unbiased History & Stories on Korea for Global Audience
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Compelling time to enter commercial property market; technology to widen return gaps
The Korea Economic Daily hosted the ASK 2025 conference at Conrad Seoul on Oct. 29-30 The commercial real estate market…
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Hard to be optimistic on US FX swap, not pessimistic on trade deal: S.Korean security adviser
South Korean National Security Adviser Wi Sung-lac (Courtesy of Yonhap) South Korea’s national security adviser said Monday that Washington is…
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Foreign investors offload $7.4 bn in Korean bonds on rate freeze bets, Forex uncertainty
The foreign change rate breaches 1,410 won per dollar last week, reaching the Korean currency’s weakest level in four months…
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Korea’s finance chief says reaches FX deal with US, currency swap line pending
South Korean Finance Minister Koo Yoon-cheol (left) and Treasury Secretary Scott Bessent shake hands before a meeting in New York…
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Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading
The Korea won tumbled past 1,410 against the US dollar on Sept. 26, 2025 for the first time since May…
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S.Korea says no US investments until visa, currency swap issues resolved
South Korean Prime Minister Kim Min-seok South Korea has warned that unresolved visa disputes and currency swap issues with Washington…
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Seoul’s finance chief to discuss currency swap proposal with US Treasury Secretary Bessent
South Korea’s Finance Minister Koo Yoon-cheol NEW YORK – South Korea’s finance minister will hold talks with his US counterpart…
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Lee says US push for $340 bn cash fund could trigger crisis like 1997
President Lee Jae Myung (right) waves as he boards Air Force One on Sept. 22 en route to the United…
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S.Korea offers unlimited currency swap with US amid pressure over $350 bn fund
Kim Jung-kwan (center), South Korean minister of Trade, Industry and Energy, returns to Seoul on Sept. 14 from New York…
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South Korea revises up Q2 GDP to 0.7% on stronger exports
Cars waiting for exporting at a port South Korea’s economy grew faster than initially estimated in the second quarter, helped…
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South Korean asset managers step up push into private debt market
Hanwha Financial Center in Yoido, Seoul South Korean asset managers are ramping up private credit operations as global demand for…
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S.Korea avoids recession with 0.6% Q2 GDP growth; US tariff impact seen limited
Trucks carrying container boxes to the PNC Terminal at the Port of Busan The South Korean economy returned to firmer…
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PwC Korea named to lead $360 mn sale of K Shipbuilding; preferred buyer likely by year-end
K Shipbuilding, the reborn STX Offshore & Shipbuilding, is a mid-tier Korean shipbuilder K Shipbuilding Co., once a rising star…
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K Shipbuilding up for sale as Korean shipyards ride new boom
(Screenshot captured from K Shipbuilding website) K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market…
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KakaoBank rallies after winning Thai virtual banking license
Yun Ho-Young, CEO of KakaoBank (left), and SCBX CEO Arthid Nanthawithaya agreed in 2023 to open a jointn internet bank…
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[Extra Long Legal Drama] TVXQ’s Split: Revisiting and Analyzing the Lawsuit that Changed K-POP & Slave Contracts
Edit: I am trying to fix some quotes, bc for some reason they got messed up after posting! Given the…
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GIC resumes Seoul Finance Center sale in major Korean property deal
Seoul Finance Center Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower…
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US monitors NPS, sovereign funds in expanded currency oversight
On June 5, South Korean won hit a seven-month high to the US dollar Washington will strengthen its monitoring of…
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S.Korea’s mid-tier shipbuilders sail into new supercycle as China struggles
A Daehan Shipbuilding executive discusses a shipbuidling process at its shipyard in Haenam, South Jeolla Province BUSAN – On a…
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Birth rates: Optimist point of view
• This is not a political discussion. • Speaking as an outsider. • All my information is theoretical, not accurate.…
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Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
Finance Minister Choi Sang-mok (third from left) holds a meeting with foreign investors to discuss the country’s business conditions in…
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Seoul Guarantee Insurance to raise $124 million from IPO
Seoul Guarantee Insurance headquarters building Seoul Guarantee Insurance Co. (SGI) will raise 181.5 billion won ($124.2 million) through an initial…
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Korean financial holding firms log record-high profits in 2024
Kookmin Bank’s branch in Yeouido South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits…
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Seoul Guarantee Insurance sharply cuts IPO valuation
(Courtesy of Getty Images) Seoul Guarantee Insurance Co. (SGI) has slashed its target valuation by about 40% in a renewed…
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MBK’s ByungJu Kim, UBS’ Kyungin Lee: Most influential in capital market
Michael ByungJu Kim (left), co-founder, partner and chairman of MBK Partners and Kyungin David Lee, UBS Group vice chair for…
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The Resilience of the Korean Economy Through Global Crises
in History
Introduction to the Korean Economy The Korean economy has undergone a remarkable transformation since the end of the Korean War…
