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Wednesday, Oct, 29, 2025

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ECONOMY

  • Daily FX transactions surge to record as foreign investors return

    South Korea’s average daily foreign exchange (FX) trading volume reached an all-time high of $82.8 billion in the third quarter, boosted by extended trading hours and rising foreign investment in local assets, the Bank of Korea (BOK) said Monday. According to the BOK’s report on “Foreign Exchange Bank Transactions in the Third Quarter of 2025,” daily FX tra..

  • Economy likely to rebound soon: KDI

  • AsiaToday reporter Lee Ji-hoon The economy is likely to rebound soon, a state-run think tank said Sunday, as there are increasing indicators suggestin..
  • Foreigners shunned by mobile transactions

  • AsiaToday reporter Cho Eun-gukIt has been a long time since the number of foreigners living in South Korea exceeded 2 million. In other words, one out of e..
  • BOK freezes rate for 3rd straight time

  • AsiaToday reporter Jeong Geum-min South Korea’s central bank has lowered its economic growth forecast for this year to 1.4 percent from 1.6 percent Th..
  • Yoon puts top priority on revitalizing economy

  • AsiaToday reporter Lee Wook-jaePresident Yoon Suk-yeol has embarked on a high-intensity drive to overcome the economic recession at home and abroad, such a..
  • US Fed’s interest rate hike likely to end in May

  • AsiaToday reporter Kim Na-riThe U.S. Federal Reserve’s rate is expected to end as early as May as the recent global banking crisis has raised awareness of..
  • Yoon orders review of financial impact of SVB collapse

  • AsiaToday reporter Lee Wook-jaePresident Yoon Suk-yeol has ordered relevant agencies on Monday to closely review any possible impact the Silicon Valley Ban..
  • S. Korea’s January economic misery index hits record high

  • AsiaToday reporter Lee Ji-hoonSouth Korea’s economic misery index in January climbed to a record high for the first time of the year, mainly due to continu..
  • Fed’s Powell signals few more hikes to go

  • AsiaToday reporter Lee Jang-wonThe Federal Reserve announced Wednesday that it had raised its key interest rate by 0.25 percentage points, returning to the..
  • S. Korea’s exports plunge on weak demand for chips

  • AsiaToday reporters Choi Won-young & Park Jin-sook Exports by South Korea fell 16.6 percent in January from a year earlier, casting dark shadows o..
  • S. Korea’s November exports drop 14%

  • AsiaToday reporter Choi Won-young South Korea’s exports dropped some 14 percent on-year in November, the second consecutive monthly decline. This is b..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Moon Ga-young shines at Radiesse pop-up studio opening event

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