War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political crisis will make things worse.
SEOUL, South Korea — South Korea’s impeached president, Yoon Suk Yeol, was sent to a detention center near Seoul on Wednesday night, after being questioned by anti-corruption officials who ...
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Impeached South Korean President Yoon Suk Yeol arrives at the Corruption Investigation Office for High-ranking Officials in Gwacheon, South Korea, Wednesday, Jan. 15, 2025. (Korea Pool via AP ...
South Korea's central bank Thursday held its benchmark policy rate at 3% in a surprise move, opting to assess changes in domestic and external economic conditions after having delivered two back-to-back cuts in its previous meetings.
I've lived on the Amalfi Coast for 17 years. Here are 5 things tourists should do to experience it like a local.
HONG KONG (AP) — Asian stocks were mixed Wednesday followed Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of market-boosting rate cuts by the Federal Reserve. U.S. futures and oil prices were little changed. Tokyo’s Nikkei 225 index edged 0.1% higher to 38,505.54.
A new study by the Federal Reserve Bank of Dallas found solar and battery capacity discharged to ERCOT was used more than wind and natural gas last year.
(Reuters) - Asian debt markets saw foreign outflows in December, for the second month in a row, reversing strong demand from earlier in 2024 on anticipated higher U.S. tariffs under President-elect Donald Trump, slower easing by the Federal Reserve, and reduced regional growth expectations.
The surprise decision came as South Korea's trade-dependent economy faces challenges from weakening export growth and a sluggish recovery in domestic demand, partly hindered by political turmoil following impeached President Yoon Suk Yeol's short-lived declaration of martial law in December.
The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.