Business & Economy
Loan scandal at Woori Bank highlights systemic issues in ROK financial sector
Weak internal controls and concentrated power spark concerns over stability and regulatory effectiveness
August 12, 2024
Bank of Korea faces policy dilemma amid global economic uncertainties
Central bank grapples with balancing growth support against currency stability amid declining swap rates
August 12, 2024
South Korea confronts underpriced stock market, but shirks chaebol reform
Seoul is relying on voluntary measures to tackle Korea Discount, even as weak corporate governance plagues investors
August 9, 2024
South Korea grapples with how to update Cold War spy laws as espionage evolves
Proposed changes aim to address modern threats but risk stifling business activity and infringing on freedoms
August 8, 2024
South Korea and the Philippines agree to boost ties
Manila’s defense pact with Tokyo, Beijing’s maritime assertiveness and brewing political feud complicate matters
August 8, 2024
How South Korea’s tax overhaul could exacerbate sky-high real estate prices
First major tax change in decades risks increasing housing inequality and economic volatility by cutting inheritance tax
August 7, 2024
South Korea’s stock market sinks as US economic woes spark global sell-off
Financial Services Commission calls for proactive measures to address household debt and external economic pressures
August 6, 2024
Seoul caught between Fed & Bank of Japan while deepening defense ties — Ep. 32
South Korea navigates monetary policy amid export growth and weak domestic consumption, as defense cooperation expands
August 2, 2024
South Korea’s export boom continues but domestic woes persist
Weak domestic demand and geopolitical factors threaten to derail the country’s 10-month export growth streak
August 2, 2024
South Korea braces for economic turbulence following Japan’s interest rate hike
The Bank of Japan’s unexpected rate hike could trigger currency volatility and capital outflows from the ROK
August 1, 2024
