Market

  • Korean won nears annual trough despite all-out defense
    Korean won nears annual trough despite all-out defense SEOUL, December 23 (AJP) - The Korean won is nearing its annual trough of 1,487.6 per dollar last seen on April 9, when global markets reeled from renewed risk aversion triggered by Donald Trump’s tariff barrage, despite all-out defensive efforts by South Korean authorities. The dollar closed Tuesday in Seoul at 1,483.6 won, up 3.5 won even as the dollar index eased 0.23 percent to 98.072 and the greenback softened against the Japanese yen — underscoring idiosyncratic w December 23, 2025
  • South Korean stocks lead broader Asian rally
    South Korean stocks lead broader Asian rally SEOUL, December 22 (AJP) - South Korean stocks rallied on Monday, with the benchmark KOSPI reclaiming the 4,100 mark as Asian equity markets advanced broadly. In Seoul, the KOSPI rose 2.1 percent to close at 4,105.93, while the tech-heavy KOSDAQ gained 1.5 percent to 929.14. Foreign investors turned net buyers for the first time in six sessions, helping lift the main index. Institutional investors bought a net 1.6 trillion won ($1.1 billion) worth of shares, while foreigners pu December 22, 2025
  • Santa rally reaches Asia, led by chip stocks
    Santa rally reaches Asia, led by chip stocks SEOUL, December 22 (AJP) - Asian markets opened the week on signs of a “Santa Claus rally,” as a key overhang — Japan’s long-anticipated rate hike — was cleared last week, reviving risk appetite across the region. Chip stocks led the advance after strong earnings from Micron Technology and fresh optimism around high-bandwidth memory (HBM), reinforcing the global AI-driven semiconductor rally. In Seoul, the benchmark KOSPI was up 1.97 percent at 4,0 December 22, 2025
  • Asian markets rally as BOJ ends policy uncertainty
    Asian markets rally as BOJ ends policy uncertainty SEOUL, December 19 (AJP) - Asian equities closed higher on Friday as investors welcomed signs of cooling U.S. inflation and the Bank of Japan’s long-anticipated interest rate hike, which helped clear a major policy overhang across the region. The BOJ’s move allowed markets to look past fears of a disorderly yen carry-trade unwind — at least for now — lifting benchmark indices across Asia. In Seoul, the KOSPI rose 0.65 percent to close at 4,020.55, reclai December 19, 2025
  • Bank of Korea takes rare moves to boost USD liquidity and defend won
    Bank of Korea takes rare moves to boost USD liquidity and defend won SEOUL, December 19 (AJP) -The Bank of Korea (BOK) on Friday moved to shore up foreign-exchange market liquidity to help stabilize the won, announcing temporary regulatory relief and incentives for financial institutions in desperate move to buttress the local currency without direct intervention. At an emergency meeting held Friday, the central bank’s Monetary Policy Board approved a six-month package of measures to be applied from January through June next year. The st December 19, 2025
  • Korean markets price in Japans rate hike to 30-year high, yen carry risk weighs
    Korean markets price in Japan's rate hike to 30-year high, yen carry risk weighs SEOUL, December 19 (AJP) - Japan’s widely expected rate hike to 0.75 percent — the highest level in 30 years — delivered a mild upset to Korean markets, pressuring bond prices and the currency while lifting equities as investors positioned for a stronger yen environment. Although still low by global standards — compared with Korea’s 2.50 percent policy rate and the U.S. federal funds rate midpoint of about 3.6 percent — the Bank of Japan’ December 19, 2025
  • Asian markets in modest gains Friday ahead of BOJ rate decision
    Asian markets in modest gains Friday ahead of BOJ rate decision SEOUL, December 19 (AJP) - Asian equity markets were moderately up early Friday as they await the rate decision from the Bank of Japan. In South Korea, the KOSPI was trading 0.4 percent up at 4,011 as of 10:30 a.m., retracing some of its earlier gains after rebounding 1 percent to track overnight Wall Street rise. Institutional investors led the buying with net purchases of 94 billion won, while retail investors added 33.8 billion won ($23 million). Conversely, foreign investor December 19, 2025
  • Tech slump drags Asian markets lower as investors eye BOJ
    Tech slump drags Asian markets lower as investors eye BOJ SEOUL, December 18 (AJP) - Asian equity markets ended broadly lower on Thursday as fallout from an “Oracle shock” weighed on technology shares and investors stayed cautious ahead of the Bank of Japan’s (BOJ) interest rate decision. Most major benchmarks declined, though mainland China’s Shanghai Composite showed relative resilience, appearing largely insulated from weakness in U.S. technology stocks. South Korea’s benchmark KOSPI fell 1.53 percent December 18, 2025
  • Seoul eases a set of FX liquidity rules to prop up the won
    Seoul eases a set of FX liquidity rules to prop up the won SEOUL, December 18 (AJP) -The South Korean government has decided to broadly ease foreign-exchange stability rules for banks, exporters and foreign investors to improve FX supply and demand conditions in latest efforts to prop up the won hovering stubbornly at crisis-era levels without direct market intervention. The move was decided during another emergency meeting among the heads of the finance ministry, financial regulator, and the central bank Thursday morning after December 18, 2025
  • Asian markets subdued by Wall Street slide, BOJ rate anticipation
    Asian markets subdued by Wall Street slide, BOJ rate anticipation SEOUL, December 18 (AJP) - Asian markets opened subdued on Thursday, taking cues from two key drivers — an overnight sell-off on Wall Street and anticipation ahead of the Bank of Japan’s rate decision. In New York, renewed concerns over an “AI bubble” resurfaced after a major financier reportedly withdrew from an Oracle-led AI data-center project. The gloom was partially offset by Micron Technology’s strong earnings and upbeat guidance, which sent its December 18, 2025