Yen’s Plunge Is a Blessing and a Curse for People in South Korea
South Koreans are celebrating after the yen fell to its lowest level against the won in 15 years.
2023-12-01 06:24
China Remains Risk for EM Equity Rally Driven by Earnings, Flows
Emerging-market stocks drifted lower after a four-week rally as concerns about China’s economic recovery returned and investors assessed
2023-11-27 18:22
As US Dollar Weakens, Emerging-Market Currencies Are Back Up After Wild Year
Nearing the end of a tumultuous year for assets in developing countries, a key index of emerging-market currencies
2023-11-21 10:51
US, South Korea Chide North Korea for Sending Arms to Russia
The US and South Korea condemned North Korea for providing arms to Russia for its war in Ukraine,
2023-11-09 16:27
Markets Ready for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a cautious start to the week after US and European policymakers signaled interest rates
2023-08-28 07:55
Rate Cut Wagers Are Fast Disappearing Across Emerging Asia
Emerging Asian bond investors are turning cautious amid signs that the region’s central banks may not start cutting
2023-08-17 08:29
Argentina Bans Beef Exports for 15 Days After Peso Devaluation
Argentina, one of the world’s biggest beef exporters, suspended exports for two weeks as the country reels from
2023-08-16 01:45
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:49
A 14-Year High Hedging Cost Is Hardly Scaring Asian Investors
Local-currency investors from emerging Asian nations aren’t shying away from hedging their overseas investments even as the cost
2023-08-03 14:15
EM Currency Rally Pauses as Bank of Japan Tests Carry Trade
A gauge of developing nation currencies dropped for the first time this week as a hawkish tweak to
2023-07-28 20:56
US Rate Pivot Will Boost Korean Bonds the Most in Emerging Asia
Traders who piled into South Korean bonds last year were handed a 15% loss — the worst outcome
2023-07-27 13:48
Bank of Korea’s Rhee Keeps Hawkish Bias After Holding Rates
The Bank of Korea held its policy rate steady for a fourth-straight meeting and pledged to retain a
2023-07-13 11:47