political instability News

South Korean Won Plummets Against Dollar: Trade War Fears and Political Turmoil Spark Market Chaos

The won-dollar exchange rate in Seoul surged to a five-year high amid fears of a China-U.S. trade war and political instability in South Korea, prompting emergency measures from th...

Political Turmoil Triggers Over 8% Plunge in Turkey's BIST 100 Index

Turkey's BIST 100 index plunged over 8% amid political instability following the arrest of Istanbul Mayor Ekrem Imamoglu, a key opposition figure, on charges of corruption and terr...

Turkish Lira Hits Historic Lows: Political Unrest Shakes Currency Markets

The Turkish lira reaches record lows against the dollar and euro due to political instability, highlighted by the arrest of Istanbul Mayor Ekrem Imamoglu and the annulment of his d...

Forecast: Korean Won to U.S. Dollar Exchange Rate Hits 1,440 in Q1 Amid Economic Challenges

The won-dollar exchange rate is forecasted to average 1,440 won in Q1, driven by political instability, economic challenges, and external pressures. Despite efforts to stabilize th...

South Korean Financial Markets Shaken as Exchange Rate Hits 1,480 Won and KOSPI Drops Below 2,400 Amid Political Crisis

South Korea's financial markets face turbulence as the won/dollar exchange rate exceeds 1,480 won and the KOSPI index falls below 2,400, amid political instability and a proposed i...

How U.S. FOMC Meetings Impact Short-term Korean Treasury Bond Yields

Recent analysis suggests that the U.S. Federal Open Market Committee (FOMC) has a greater short-term influence on Korean treasury bond yields compared to domestic political issues,...

South Korea's KOSDAQ Tumbles Over 5% Amid Political Turmoil and Currency Crisis

South Korea's KOSDAQ experiences a significant drop of over 5% due to political instability and an impeachment crisis involving President Yoon Suk Yeol. The won also hits its lowes...

South Korea's Political Turmoil Threatens Economic Growth: Goldman Sachs Analysis

Goldman Sachs warns of increased economic risks in South Korea due to political instability, including martial law and impeachment proceedings. The forecast for 2025 growth rate is...

South Korea's Political Turmoil Threatens Economic Growth and Currency Stability

The rejection of the impeachment motion against President Yoon Suk Yeol in South Korea has raised concerns about potential economic fallout, including a possible plummet in the Kor...