financial markets News

Bitcoin Surges Beyond $99,000 Following US Inflation Data Release

Bitcoin's value surged over 2% to $99,000, influenced by the US inflation report showing a 2.9% annual rate in December. Ethereum also rose by 1.86%, highlighting the cryptocurrenc...

South Korea Pledges Rapid Action to Stabilize Financial Markets Amid Volatility

South Korea's acting President Choi Sang-mok has announced the government's readiness to implement swift and bold measures to stabilize the financial and foreign exchange markets. ...

Political Unrest Sparks Massive Foreign Investor Exodus from South Korea's Financial Markets

Foreign investors are rapidly withdrawing from South Korea's financial markets due to political instability and the declaration of martial law, leading to significant declines in s...

Bank of Korea's Aggressive RP Purchases Amid Martial Law: A Strategic Move to Stabilize Markets

The Bank of Korea has purchased 14 trillion won in repurchase agreements since martial law declaration to stabilize markets. Authorities are closely monitoring conditions and incre...

Trump's Lead in U.S. Election Sends Shockwaves Through Financial Markets

Former President Donald Trump's lead in the U.S. presidential election has sent shockwaves through financial markets, with Bitcoin surpassing $74,000 and the won-dollar exchange ra...