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Korea export prices jump 3.7% on FX

South Korea’s export and import prices continued to climb in November, largely driven by a higher won-dollar exchange rate, the central bank said on December 12.The Bank of Korea said export prices rose 3.7% from the previous month as the won weakened against the dollar, while prices for items such as computers, electronic and optical equipment increased.By..

FSS criticizes Woori Financial for failing to report improper loans involving ex-chief’s family
By AsiaToday Special Coverage TeamLee Bok-hyun, the head of the Financial Supervisory Service (FSS), has strongly criticized Yim Jong-yong, the chairman of..

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