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A service for FOREX trading professionals · Saturday, May 10, 2025 · 811,333,957 Articles · 3+ Million Readers
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South Korea Forex News Monitoring

  • Published on May 8, 2025

    Jin Air's Q1 net profit drops 33 pct amid tough market competition

    SEOUL, May 8 (Yonhap) -- South Korean low-cost carrier Jin Air Co. said Thursday its first-quarter net profit declined 33 percent from a year earlier amid intensifying market competition and rising operational costs. Jin Air's net profit for the …

    Source: Yonhap News Agency - Center-right
  • Published on May 8, 2025

    FBM KLCI slips on profit-taking; tech stocks rally

    KUALA LUMPUR: The FBM KLCI ended lower as profit-taking outweighed bargain-hunting, bucking the trend of regional peers following yesterday’s gains. The market barometer slipped 7.16 points, or 0.46%, to close at 1,542.74—just above its intraday low of 1, …

    Source: The Malaysian Star - Indeterminate
  • Published on May 8, 2025

    Asian banks see big boost to wealth business as currencies rally

    By Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE (Reuters) -A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to U.S. dollar-denominated assets and demand for hedging …

    Source: Yahoo Finance - Pending
  • Published on May 8, 2025

    G7 To Confront North Korea's Crypto-Funded Cybercrime Surge

    (MENAFN- The Arabian Post) Leaders of the Group of Seven nations are set to address the escalating threat of North Korea's cryptocurrency-fueled cybercrime at their upcoming summit in Alberta, Canada. The agenda reflects growing international concern …

    Source: MENAFN - Indeterminate
  • Published on May 8, 2025

    Gov't to closely monitor financial markets after U.S. rate freeze

    SEOUL, May 8 (Yonhap) -- The finance ministry said Thursday it will closely monitor the country's financial markets to assess the impact of the latest U.S. rate freeze, noting persistent uncertainties surrounding global trade. In an interagency meeting …

    Source: Yonhap News Agency - Center-right
  • Published on May 8, 2025

    S. Korea's foreign reserves log 5-year low in April

    SEOUL, May 8 (Xinhua) -- South Korea's foreign reserves logged a five-year low in April due to an expanded FX swap deal with the national pension fund, central bank data showed Thursday. Foreign currency reserves tumbled 4.99 billion U.S. dollars from …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on May 8, 2025

    FTA To Double India's Market Share In UK’S Garment Imports: Report

    (MENAFN- IANS) Mumbai, May 8 (IANS) India is expected to double its market share from 6 per to 12 per cent in the UK's ready-made garments imports following the free trade agreement, translating into an incremental annual export opportunity of around $ …

    Source: MENAFN - Indeterminate
  • Published on May 8, 2025

    Dollar higher against yen, euro

    NEW YORK: The US dollar edged higher against the yen and the euro on Wednesday as traders awaited the outcome of the Federal Reserve’s policy meeting later in the session, and uncertainty over upcoming trade negotiations still weighed on sentiment. The Fed …

    Source: Business Recorder - Neutral
  • Published on May 8, 2025

    FX Reserves Fall to 5-Year Low in April

    Photo : YONHAP News South Korea’s foreign reserves decreased by nearly five billion dollars in April, hitting their lowest point in five years.  According to the Bank of Korea(BOK) on Thursday, the nation’s foreign currency reserves stood at 404-point-67 …

    Source: KBS World - Pending
  • Published on May 7, 2025

    Asian investors’ trust in dollar faces problems

    A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in US assets. Ripples from Friday and Monday’s record rally in the Taiwan …

    Source: Gulf Today - Pro-Government
  • Published on May 7, 2025

    Dollar Holds Steady Ahead of U.S. Federal Reserve Meeting

    The U.S. dollar remained steady on Wednesday ahead of a key policy meeting by the Federal Reserve amid economic uncertainty and continued asset sell-offs by major Asian investors.اضافة اعلان News of planned talks between the United States and China …

    Source: Jordan News - Indeterminate
  • Published on May 7, 2025

    Singapore stocks dismiss Wall St losses to track regional gains; STI up 0.1%

    On the STI, the top gainer was Yangzijiang Shipbuilding, which rose 5.8 per cent to $2.18.ST PHOTO: BRIAN TEO SINGAPORE – Local stocks disregarded losses on Wall Street overnight to track regional markets into positive territory on May 7. The gains were on …

    Source: The Straits Times - Pro-Government
  • Published on May 7, 2025

    Dollar rises versus yen, Swiss franc, Fed and trade talks in focus

    The U.S. dollar rose against the safe-haven yen and Swiss franc while steadying versus the euro as investors looked towards the impending outcome of the Federal Reserve policy meeting later in the session and tariff negotiations. U.S. Treasury prices rose …

    Source: Zawya - Indeterminate
  • Published on May 7, 2025

    Your summer vacation in Asia could get a lot more expensive

    Asian currencies are surging as the US dollar weakens, and it could impact summer travel costs. The dollar's decline is driven by the "Sell America" trend and trade negotiations. A weaker dollar may shift purchasing power to Asia, affecting …

    Source: Insider - Neutral
  • Published on May 7, 2025

    Business : Ingredion Boosts Forecast As Profit Climbs, Sales Slip

    KUALA LUMPUR, May 7 (Bernama) -- Ingredion Incorporated reported a four per cent drop in first-quarter net sales from US$1.882 billion in 2024 to US$1.813 billion in 2025, weighed down by lower pricing, currency headwinds, and a prior divestiture. (US$1= …

    Source: Bernama - Pro-Government
  • Published on May 7, 2025

    Currency Strengthens to 1,398 Won against USD

    Photo : YONHAP News The South Korean won strengthened seven-point-three won against the U.S. dollar from the previous trading on Friday of last week, with the Seoul 3:30 p.m. closing spot rate standing at one-thousand-398 won on Wednesday. The local …

    Source: KBS World - Pending
  • Published on May 7, 2025

    Chart of the Day 5/7/25: As Dollar Gets Dumped, Alternative Hunt Heats Up

    The dollar is getting dumped. In Europe. In Asia. In emerging and developed markets around the world. Meanwhile, the hunt for alternatives is heating up. So…should you jump on the trend? Let’s start with the MoneyShow Chart of the Day – a year-to-date …

    Source: Moneyshow - Florida - Neutral
  • Published on May 7, 2025

    Coupang posts record Q1 sales on favorable FX conditions, new business growth

    SEOUL, May 7 (Yonhap) -- E-commerce giant Coupang Inc. said Wednesday it has posted record sales for the first quarter, backed by favorable foreign exchange rate conditions and growth of its emerging business areas. Coupang's sales for the January- …

    Source: Yonhap News Agency - Center-right
  • Published on May 7, 2025

    Asia FX surge raises doubts about region's trade war arsenal: McGeever

    (The opinions expressed here are those of the author, a columnist for Reuters) ORLANDO, Florida - The Taiwan dollar's record rise in recent days has brought a regional conundrum into sharp focus: how much appreciation can Asian currencies countenance …

    Source: Zawya - Indeterminate

02 days 20:58:00

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