Economy News

Economy

Financial Struggles: 230 Companies at Risk of Insolvency, FSS Reports

The Financial Supervisory Service reports 230 companies at risk of insolvency, with D grade companies showing significant increase. This highlights ongoing financial struggles amid...

Economy

Bank of Korea Governor Reassures on Adequacy of Foreign Exchange Reserves

Bank of Korea Governor Rhee Chang-yong reassures on the adequacy of Korea's foreign exchange reserves, aligning with IMF's qualitative assessment. He also discusses the impact of p...

Economy

Central Banks Around the World Adopt Cautious Approach Amid U.S. Trade Policy Uncertainties

Global central banks, including the Bank of Canada, ECB, and others, have adjusted or maintained their interest rates in response to uncertainties arising from U.S. trade policies ...

Economy

Bank of Korea's Policy Challenges Amid Economic Uncertainty

South Korea's CDS premium and government bond yield rise amidst political turmoil, reflecting economic anxiety. The Bank of Korea's rate cut proves ineffective, and soaring U.S. Tr...

Economy

South Korea to Swiftly Execute $230M Second Value-Up Fund Amid Market Volatility

South Korea's Deputy PM Choi Sang-mok announced the prompt execution of a $230M second value-up fund and measures to improve the foreign exchange market, aiming to stabilize the ma...

Economy

South Korea's Manufacturing Sector Plunges to a Two-Year Low Amidst Political Turmoil

South Korea's manufacturing sector records its lowest Professional Survey Index in two years, falling below the standard amid political uncertainties and economic challenges. The D...

Economy

Vietnam May Ban Individuals with $2,000 Tax Debt from Leaving the Country

Vietnam is considering a new threshold for individuals with tax debts that could prevent them from leaving the country. The proposed amount is four times higher than an earlier sug...

Economy

South Korea's Export Outlook Dims as Sentiment Index Falls Below Baseline

South Korea's export sentiment index falls below baseline for the first time in four quarters, signaling a pessimistic outlook among exporters. Key sectors face significant challen...