Tag: South Korea
Boeing Shares Drop After South Korea Orders Jeju Air 737-800 Inspection
Jeju Air Crash Sparks Boeing Shares DropIn a tragic turn of events, a deadly crash involving a Jeju Air Co. Flight 2216 at Muan International Airport in South Korea has sent shockwaves through the...
South Korean Stocks Rebound Amid Chaotic Trading: President Lifts Martial Law
South Korean President Yoon Suk Yeol made waves globally when he declared emergency martial law on December 3, 2024. The move was a response to what he perceived as a threat from "communist forces"...
Bank of Korea to Maintain Rates in July, Cut 25 bps in Q4: Reuters...
The Bank of Korea (BOK) has decided to keep its policy rate at 3.50%, which is the highest in 15 years. However, a Reuters poll suggests that the rate is expected to be cut...
How will SK chief’s W1.3tr divorce settlement affect his ownership?
SK Group Chairman Chey Tae-won Faces Record 1.3 Trillion Won Divorce SettlementThe recent ruling ordering SK Group Chairman Chey Tae-won to pay his ex-wife a staggering 1.38 trillion won ($1 billion) in a divorce...
S Korea tycoon Chey Tae-won to pay $1bn in record divorce ruling
S Korea tycoon Chey Tae-won to pay $1bn in record divorce rulingSouth Korean tycoon Chey Tae-won has been ordered to pay his ex-wife 1.38 trillion won ($1bn; £788m) in cash - the country's largest...