Market

  • Koreas default risk premiums rise faster than others, yet below 5-year average
    Korea's default risk premiums rise faster than others, yet below 5-year average SEOUL, Mar. 16 (AJP) - South Korea’s sovereign risk indicators are rapidly rising in line with the volatility in capital markets and exposure to oil supply disruptions, potentially further undermining foreign investor confidence in Korean securities. South Korea’s five-year credit default swap (CDS) premium surged 23.83 percent in the past month, exceeding the gain of around 10 percent in China’s CDS and Japan’s remaining largely flat at around 1 percent March 16, 2026
  • Airlines set to hike fuel surcharges amid rising oil prices
    Airlines set to hike fuel surcharges amid rising oil prices SEOUL, March 16 (AJP) - Airlines are raising their fuel surcharges due to soaring oil prices amid the escalating conflict in the Middle East. Fuel surcharges are applied on both international and domestic flight routes based on changes in the average price of fuel traded on Singapore's spot market. According to aviation industry data released on Monday, the average price of Singapore jet fuel, known as MOPS, is projected to reach at least 300 cents per gallon for the peri March 16, 2026
  • Asian markets open the third Gulf war week lower 
    Asian markets open the third Gulf war week lower  SEOUL, March 16 (AJP) — Asian stock markets traded lower Monday as investor sentiment remained fragile with the Iran war entering a third week and the Strait of Hormuz still effectively cut off, keeping energy and security risks at the center of regional trading. Reports that President Donald Trump is pressing U.S. allies and major Asian importers to help reopen the waterway added to the sense of unease. South Korea’s KOSPI swung from early gains into negative ter March 16, 2026
  • Korean bond yields soar as if in tightening cycle amid widening Gulf war
    Korean bond yields soar as if in tightening cycle amid widening Gulf war SEOUL, Mar. 13 (AJP) — South Korean government bond yields are climbing sharply as investors demand higher risk premiums amid intensifying conflict in the Middle East and a renewed rise in global interest rates. Yields on sovereign debt have followed a steep upward trajectory since the beginning of the year, reflecting both external shocks and shifting global capital flows. According to the Korea Financial Investment Association (KOFIA) on Friday, the three-year governm March 13, 2026
  • Asian stocks fall as oil nears $100 and tensions loom large in the second war week
    Asian stocks fall as oil nears $100 and tensions loom large in the second war week SEOUL, March 13 (AJP) — Asian stock markets ended lower Friday as oil prices climbed back toward the $100 mark and tensions in the Middle East continued to unsettle investors across the region with little sign of easing in the second week. The Strait of Hormuz remained severely disrupted, raising alarms about Asian economies relying heavily on crude imports from the Gulf. U.S. benchmark West Texas Intermediate crude traded around $95 per barrel, while global benchmark Bre March 13, 2026
  • Coupangs interim chief volunteers for overnight delivery
    Coupang's interim chief volunteers for overnight delivery SEOUL, March 13 (AJP) - Harold Rogers, Coupang's interim chief in South Korea, volunteered to participate in a dawn delivery at its logistics center on the outskirts of Seoul early Friday. Rogers visited the center near Seongnam in Gyeonggi Province, where he helped load goods and deliver orders alongside workers. His visit became known after photos were posted on social media by a person believed to be a staffer, and the e-commerce giant confirmed that Rogers visited March 13, 2026
  • Koreas M2 rise picks up in Jan as stock invest and dollar savings pile up
    Korea's M2 rise picks up in Jan as stock invest and dollar savings pile up SEOUL, Mar 13 (AJP) —South Korea’s M2 money supply grew at a faster pace in January than previous months on strong stock market and U.S.-dollar-denominated savings on expectations of continued greenback strength. According to a Bank of Korea (BOK) release on Friday, the M2 money supply grew 0.7 percent month-on-month in January to reach 4,108.9 trillion won ($2.83 trillion). Under the previous M2 standard (used prior to November statistics), the figure rose 1.2 perc March 13, 2026
  • Asian stocks fall as oil tops $100 on Hormuz tensions
    Asian stocks fall as oil tops $100 on Hormuz tensions SEOUL, March 13 (AJP) — Asian stock markets opened lower Friday after oil prices surged above $100 a barrel amid escalating tensions around the Strait of Hormuz, raising concerns about prolonged disruptions to global energy supplies. Investor anxiety intensified after Iran’s Supreme Leader Mojtaba Khamenei vowed to maintain pressure on shipping through the strategic waterway and warned Tehran could open another front in the conflict, stoking fears that the war could dr March 13, 2026
  • Korean Inc. in a rush to retire shares but risks losing key management tool
    Korean Inc. in a rush to retire shares but risks losing key management tool SEOUL, March 12 (AJP) — South Korea’s largest companies have rushed to retire 36.3 trillion won ($25 billion) worth of treasury shares in the first quarter of 2026 under a new Commercial Act amendment, but analysts warn the mandatory move may do little to improve corporate value while stripping management of a key strategic tool. A string of blue-chip firms including Samsung Electronics, SK hynix and Samsung C&T have unveiled large-scale treasury share cancellation March 12, 2026
  • Asian stocks weaken as oil prices climb toward $100 amid Hormuz attacks
    Asian stocks weaken as oil prices climb toward $100 amid Hormuz attacks SEOUL, March 12 (AJP) — Asian stock markets ended mostly lower Thursday as oil prices surged toward the $100 mark following renewed attacks around the Strait of Hormuz, heightening concerns over potential disruptions to global energy supplies. Crude prices climbed sharply after a series of attacks on commercial vessels near the strategic waterway, which carries roughly one-fifth of the world’s seaborne oil shipments. U.S. benchmark West Texas Intermediate rose 4.8 perc March 12, 2026