War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political crisis will make things worse.
Yonhap News English on MSN1d
US Fed holds key lending rate steady
The US Federal Reserve kept its benchmark interest rate unchanged Wednesday, less than a week after President Donald Trump said he would demand rate reductions. After the two-day Federal Open Market Committee meeting,
Acting President Choi Sang-mok called for staying vigilant and maintaining the enhanced market monitoring on Thursday amid growing uncertainties stemming from monetary and external economic policies by the Donald Trump administration.
The South Korean crypto community faces a tense Lunar New Year, with a nine-day holiday coinciding with a key time for BTC and altcoins.
The South Korean central bank said on Friday that volatility has grown in the U.S. stock market led by IT shares, calling for close monitoring of its potential impact on the local market. Bank of Korea (BOK) Deputy Gov.
In this undated photo provided Wednesday, Jan. 29, 2025, by the North Korean government, Kim Jong Un, second right, inspects a facility that produces nuclear material
The S&P 500 jumped more than 50% over the two-year period of 2023-24, the first time it's done that since the dot-com era, and stocks are off to a hot start in 2025 as well. Through Jan. 22, the broad-market index is up 3%,
U.S. stocks are pulling back from their all-time high, but are still on track to close out a second straight winning week. The S&P 500 fell 0.4% on Friday, a
A raft of U.S. economic data will provide plenty for investors to watch out for in the coming week, including ISM data on manufacturing and services as well as closely-watched nonfarm payrolls figures for January.
Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.6%
South Korean President Yoon Suk-yeol tried to demolish his country’s democracy. In a shocking late-night television address, Yoon declared “emergency martial law” and put the country under military rule.
The jailed president Yoon Suk Yeol, who had been holed up in his presidential compound for weeks after issuing a martial law decree last month, now faces rebellion charges punishable by the death penalty or life in prison.