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Bank of Korea

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Last Updated: Just Now
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Global Markets & Equities 22 Oct 2026, 05:00 PM IST

Bank of Korea Holds Rates as Lee Pushes Housing Supply to Cool Prices

The Bank of Korea left its benchmark interest rate unchanged, matching Reuters-poll expectations, as policymakers balanced stubborn inflation risks, a fragile growth outlook and renewed pressure from President Lee to expand housing supply. The decision underscores how South Korea’s central bank is being pulled between supporting demand and preventing a further build-up in property-market imbalances.

By RDU Global Wire5 min read
Enterprise Tech, Cloud & AIJust now (07:15 AM IST)

Kospi Slips as Oil Prices and Middle East Risk Cloud South Korea’s Export Surge

South Korean equities edged lower on Thursday even after the country reported a record September export performance, as investors focused instead on elevated oil prices and renewed uncertainty over Middle East energy supplies. The KOSPI fell 0.21%, while the won weakened and bond yields moved higher, underscoring a cautious market mood despite powerful semiconductor-led trade momentum.

5 min readRead →
Global Markets & EquitiesJust now (08:36 PM IST)

Bank of Korea Deepens Won Defence With $9.6 Billion FX Sale

South Korea’s central bank sold a net $9.612 billion in foreign currency in the second quarter, extending its intervention streak to a seventh straight quarter as it sought to cushion the won from renewed pressure. The currency weakened 2.1% against the dollar over the period, reflecting a stronger U.S. dollar, volatile global markets and rising concern that imported inflation could intensify.

5 min readRead →
Global Markets & EquitiesJust now (02:22 PM IST)

Bank of Korea Deepens Won Defense With $9.6 Billion FX Sale

South Korea’s central bank sold a net $9.612 billion in foreign currency in the second quarter to cushion the won, extending a run of intervention that has now lasted seven straight quarters. The move came as the currency weakened 2.1% against the dollar, reflecting broad dollar strength, volatile global markets and renewed inflation risks for Asia’s fourth-largest economy.

5 min readRead →
Banking, Fintech & Insurance20 Oct 2026, 08:00 AM IST

Banking Shares and Oil Prices Pull Indian Markets Lower as Asia Trades Mixed

Indian equities opened under pressure as banking stocks weakened and elevated crude prices weighed on sentiment, extending caution across domestic markets. The move came against a mixed regional backdrop, with South Korea rebounding sharply, Taiwan slipping, and Indonesia tumbling after a warning from MSCI over its market classification.

5 min readRead →
Markets, IPOs & Wealth16 Oct 2026, 07:05 AM IST

Asian Stocks Rise as Chip Selloff Eases, Led by South Korea

Asian equities opened higher as investors stepped back from the sharpest pressure on semiconductor shares, with the MSCI Asia Pacific Index rising 0.6% and South Korean stocks leading the advance. Chipmakers Samsung Electronics and SK Hynix edged higher, while Wall Street’s late rebound — including a 0.3% gain in the S&P 500 — helped steady sentiment across regional markets.

5 min readRead →
Frontier AI & Machine Learning15 Oct 2026, 06:25 PM IST

Korea Stocks Sink 8% as Investors Rush to Unwind AI Bets

South Korean equities tumbled sharply as investors accelerated the unwinding of crowded artificial intelligence positions, dragging chipmakers and broader technology shares lower. The sell-off added to a global market rout sparked by renewed concern over U.S. inflation, higher-for-longer interest rates and the financing burden tied to the AI buildout.

5 min readRead →
Global Economy & Central Banks14 Oct 2026, 12:23 PM IST

Hyundai Plans $15.5 Billion Strategic Investment in India by 2032

Hyundai Motor Group said it plans to invest $15.5 billion in India by 2032, underscoring the country’s role as a strategic core market for the South Korean automaker. The commitment signals a long-term bet on India’s fast-growing consumer base, industrial capacity and expanding role in global automotive supply chains.

4 min readRead →
Big Tech, Cloud & Semiconductors14 Oct 2026, 02:24 AM IST

CXMT’s Memory Chip Advances Spark Global Selloff as Investors Reprice China’s Tech Challenge

China’s leading memory chipmaker, ChangXin Memory Technologies, has reportedly made progress on new designs, intensifying fears that Beijing is narrowing the gap in a strategically vital semiconductor segment. The development helped trigger a global stock rout as investors reassessed pricing power, supply chains, and the durability of foreign chipmakers’ margins.

5 min readRead →

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