South Korea’s kimchi premium in the spotlight after BTC’s record highs
A bowl of kimchi, a fermented vegetable side dish that is a staple in all Korean meals Kitzcorner | Getty Images You may have heard of the “Korea discount” in…
Asian currencies could be on ‘back foot’ despite U.S. rate cuts: JPMorgan
The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Jackal Pan | Moment | Getty Images Asian currencies could be on the “back foot”…
Bank of Korea governor says it’s ‘premature’ to talk about rate cuts
Rhee Chang-yong, governor of the Bank of Korea, at an event during the spring meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday,…
Asia-Pacific markets trade mixed as investors digest Fed’s smaller quarter-point hike
Bitcoin rises about 4%, nears $24,000 Bitcoin rose 3.72% in the past 24 hours, prices on Coin Metrics showed, as investors continued to cheer the U.S. Federal Reserve’s smaller rate…
South Korea posts the worst trade deficit in its history
05 November 2022, South Korea, Pusan: Containers are loaded from the container freighter “Alula Express” at Busan Newport International Terminal, one of the largest container ports in the world. Photo:…
South Korea inflation, China reopening
South Korea’s inflation unchanged in December South Korea’s December consumer price index rose 5% on an annualized basis, statistics from the Bank of Korea showed. The reading maintained cooler levels…
Bank of Korea warns of more market volatility ahead as Fed signals more rate hikes
The Bank of Korea warned Tuesday of “increased volatility” as global markets brace for future hikes from the U.S. Federal Reserve. “There is a high chance of increased volatility whenever…