Market

  • BOK to stay on hold this week, but faces looming inflation test
    BOK to stay on hold this week, but faces looming inflation test SEOUL, April 6 (AJP) — There is little doubt the Bank of Korea will hold its base rate at 2.5 percent at Thursday’s rate-setting meeting, but how long the pause lasts will be closely watched as Gulf-driven import inflation builds the case for at least one hike down the line. The post-meeting narrative is also unlikely to surprise, as this will be the last meeting under Governor Rhee Chang-yong before his four-year term ends on April 20. Markets are instead looki April 6, 2026
  • Korean and Japanese stocks higher on tech optimism
    Korean and Japanese stocks higher on tech optimism SEOUL, April 06 (AJP) - Asian equities rose modestly Monday as investors weighed conflicting signals from the Middle East, with U.S. President Donald Trump setting an April 7 deadline ahead of potential strikes on Iranian power grids while OPEC+ pledged a limited output increase, as tech-heavy Korea and Japan outperformed ahead of strong semiconductor earnings. Japan’s Nikkei 225 gained 1.15 percent to 53,733.44, while Korea’s KOSPI advanced 1.4 percent to 5,452.80. April 6, 2026
  • Korean stocks rebound as Hormuz risks recede, foreign inflows return
    Korean stocks rebound as Hormuz risks recede, foreign inflows return SEOUL, April 03 (AJP) - Asian markets swung mostly higher Friday as governments from the Middle East to Europe scramble to reopen the Strait of Hormuz. The benchmark KOSPI led gains, closing up 2.7 percent at 5,377.3, as foreign and institutional investors returned to net buying. The won strengthened to 1,507.9 per dollar. The move followed reports that Iran is working with Oman on a maritime protocol to manage transit through the Strait of Hormuz, a route that handles roughly April 3, 2026
  • Koreas credit market shows crunch signs as demand dries up
    Korea's credit market shows crunch signs as demand dries up SEOUL, April 3 (AJP) — Spring has arrived, but South Korea’s debt market remains stuck in a winter chill, especially for sub-investment-grade issuers, as surging bond yields, weak demand and a cheapened won erode the appeal of Korean assets. Government bond yields have climbed back to levels last seen in November 2023, when the benchmark rate stood at 3.50 percent during the post-pandemic tightening cycle — even as the current policy rate has been held at 2.50 pe April 3, 2026
  • Asian stocks rebound as Hormuz passage hopes ease war fears
    Asian stocks rebound as Hormuz passage hopes ease war fears SEOUL, April 3 (AJP) — Asian markets continued to seesaw with each development in the Iran war, but moved higher in early Friday trading on rising hopes for the reopening of the Strait of Hormuz. Japan’s Nikkei 225 rose 1.08 percent to 53,029.41, while China’s Shanghai Composite Index edged up 0.21 percent to 3,927.59. Hong Kong’s Hang Seng Index was closed from Friday through April 6 for the Easter holiday. In Seoul, the benchmark KOSPI rebounded at the April 3, 2026
  • Koreas FX reserves slip $4 bn as won defense cost soars
    Korea's FX reserves slip $4 bn as won defense cost soars SEOUL, April 3 (AJP) — South Korea’s foreign exchange reserves fell by nearly $4 billion in March, underscoring the growing strain on the country’s external buffers as authorities continue to defend the won against crisis-era pressure. The Bank of Korea said Friday that reserves stood at $423.66 billion at end-March, down $3.97 billion from $427.62 billion a month earlier. That marked the steepest monthly decline since April 2024, when reserves fell by $5.99 bill April 3, 2026
  • Seoul leads Asian selloff as Trump speech lacks Hormuz roadmap
    Seoul leads Asian selloff as Trump speech lacks Hormuz roadmap SEOUL, April 02 (AJP) -Asian stocks sank Thursday, with Seoul bearing the brunt after U.S. President Donald Trump’s primetime address on the Iran war failed to offer clarity on the endgame or a strategy to restore traffic through the Strait of Hormuz, a critical artery for global oil trade. Japan’s Nikkei 225 fell 2.38 percent to 52,463.27, reversing earlier gains as selling accelerated in the afternoon. Hong Kong’s Hang Seng Index dropped 0.83 percent to 25,085. April 2, 2026
  • Korea leads broad Asian fall on disappointment at Trump address
    Korea leads broad Asian fall on disappointment at Trump address SEOUL, April 02 (AJP) - Asian stocks fell Thursday, led by energy-dependent South Korea, as U.S. President Donald Trump’s much-hyped address failed to deliver clarity on reopening the Strait of Hormuz, leaving markets with more uncertainty than relief. Trump, speaking in a nationally televised address at 10 a.m. Korea time, said the conflict could continue for “two to three more weeks,” while offering no clear commitment to restoring access to the key shipping ro April 2, 2026
  • Asian markets rally on ceasefire hopes, Seoul stocks surge over 8%
    Asian markets rally on ceasefire hopes, Seoul stocks surge over 8% SEOUL, April 1 (AJP) - Asian markets rose as ceasefire hopes strengthened after U.S. President Donald Trump signaled a potential de-escalation within weeks, while Iran indicated willingness to end the conflict provided attacks do not resume. Japan’s Nikkei 225 jumped 5.24 percent to trade at 53,739.68, marking its biggest gain of the year and the fourth-largest on record, as overseas investors bought on easing Middle East tensions. Semiconductor stocks led the rally, wit April 1, 2026
  • Stock, FX, and debt in triple win in Seoul, but lasting strength hinges on Gulf
    Stock, FX, and debt in triple win in Seoul, but lasting strength hinges on Gulf SEOUL, April 1 (AJP) — South Korea's war-beleaguered capital markets roared back with all three assets — stocks, the won and bond prices — strengthening sharply Wednesday, helped by talk of a Gulf war endgame and a rush of foreign capital into the debt market on the first day of Korea’s inclusion in the World Government Bond Index. But since much of the rally hinges on Gulf developments, the sustainability of the gains remains in question. The doll April 1, 2026