Jaehyun Eom
@jaehyuneom.bsky.social
Bloomberg news reporter in Seoul. Opinion is mine and whatever I like, repost or relay etc is NOT an endorsement.
Contact: jeom2@bloomberg.net
Contact: jeom2@bloomberg.net
Korea Augments Its FX War Chest With First Won Bond in 21 Years www.bloomberg.com/news/article...
Korea Augments Its FX War Chest With First Won Bond in 21 Years
South Korea is dusting off a tool last used 21 years ago to help stabilize its currency: issuing up to 20 trillion won ($13.9 billion) in special bonds.
www.bloomberg.com
January 22, 2025 at 10:28 PM
Korea Augments Its FX War Chest With First Won Bond in 21 Years www.bloomberg.com/news/article...
BOK’s Rhee Sees Political Stability as Key to Pace of Rate Cuts www.bloomberg.com/news/article...
BOK Unexpectedly Holds Rate Steady in Bid to Project Stability
Bank of Korea Governor Rhee Chang-yong linked the pace of future interest rate cuts to the economy’s ability to remain resilient in the face of the political turmoil triggered by President Yoon Suk Ye...
www.bloomberg.com
January 16, 2025 at 6:47 AM
BOK’s Rhee Sees Political Stability as Key to Pace of Rate Cuts www.bloomberg.com/news/article...
Reposted by Jaehyun Eom
BREAKING: South Korean investigators arrest Yoon Suk Yeol, the first incumbent president to be taken into custody.
South Korean President Yoon Arrested Over Martial Law Fiasco
South Korean investigators arrested President Yoon Suk Yeol on Wednesday after launching a pre-dawn operation to bring the impeached leader in for questioning over his short-lived martial law declarat...
www.bloomberg.com
January 15, 2025 at 1:51 AM
BREAKING: South Korean investigators arrest Yoon Suk Yeol, the first incumbent president to be taken into custody.
Won Near Key Psychological Level Adds to Korea’s Mounting Woes www.bloomberg.com/news/article...
Won Near Key Psychological Level Adds to Korea’s Mounting Woes
The South Korean won may extend losses after sliding to the lowest since 2009, as political risks and slowing economic growth reinforce the case for more interest-rate cuts.
www.bloomberg.com
January 12, 2025 at 11:09 PM
Won Near Key Psychological Level Adds to Korea’s Mounting Woes www.bloomberg.com/news/article...
Reposted by Jaehyun Eom
The wildfires around Los Angeles have killed at least five people, officials said. Read our coverage for free
Live: Updates on Los Angeles Wildfires
www.bloomberg.com
January 9, 2025 at 12:21 AM
The wildfires around Los Angeles have killed at least five people, officials said. Read our coverage for free
Korean Bond Yield Plumbs Record Lows Against US in Blow to Won www.bloomberg.com/news/article...
Korean Bond Yield Plumbs Record Lows Against US in Blow to Won
South Korea’s bond yields have been sinking to a succession of record lows versus those on US Treasuries, piling further pressure on the won already battered by a political crisis.
www.bloomberg.com
January 8, 2025 at 12:31 AM
Korean Bond Yield Plumbs Record Lows Against US in Blow to Won www.bloomberg.com/news/article...
South Korea’s Parliament to Vote on Impeaching Acting President www.bloomberg.com/news/article...
South Korea’s Parliament to Vote on Impeaching Acting President
South Korea’s parliament is set to vote Friday on impeaching Acting President Han Duck-soo, potentially deepening a political crisis that has rattled financial markets and disrupted diplomacy efforts.
www.bloomberg.com
December 27, 2024 at 1:50 AM
South Korea’s Parliament to Vote on Impeaching Acting President www.bloomberg.com/news/article...
Reposted by Jaehyun Eom
Alibaba is nearing a $4 billion deal to merge its South Korean operations with E-Mart's e-commerce platform
Alibaba Is Said to Near $4 Billion Deal With Korea’s E-Mart
Alibaba Group Holding Ltd. is nearing a deal to merge its South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced online retail sector, according t...
www.bloomberg.com
December 26, 2024 at 6:48 AM
Alibaba is nearing a $4 billion deal to merge its South Korean operations with E-Mart's e-commerce platform
S. Korea, National Pension to Expand FX Swap to $65 Billion www.bloomberg.com/news/article...
South Korea, National Pension to Expand FX Swap to $65 Billion
South Korea’s central bank agreed with the National Pension Service to expand the size and duration of a currency swap deal, a move that may help slow the won’s decline.
www.bloomberg.com
December 19, 2024 at 9:38 AM
S. Korea, National Pension to Expand FX Swap to $65 Billion www.bloomberg.com/news/article...
Reposted by Jaehyun Eom
The impeachment of South Korean President Yoon Suk Yeol is giving his biggest political rival, Lee Jae-myung, a chance to finally take the top role in running the country.
Yoon’s Fall Gives Nemesis Surprise Path Back to Lead South Korea
The impeachment of South Korean President Yoon Suk Yeol is giving his biggest political rival, Lee Jae-myung, a chance to finally take the top role in running the country.
www.bloomberg.com
December 15, 2024 at 10:40 AM
The impeachment of South Korean President Yoon Suk Yeol is giving his biggest political rival, Lee Jae-myung, a chance to finally take the top role in running the country.
Reposted by Jaehyun Eom
South Korea's parliament is voting for a second time to impeach President Yoon over his short-lived attempt to impose martial law. Follow live updates.
South Korea’s President Yoon Faces New Impeachment Vote: Live Blog
www.bloomberg.com
December 14, 2024 at 6:51 AM
South Korea's parliament is voting for a second time to impeach President Yoon over his short-lived attempt to impose martial law. Follow live updates.
South Korea Finance Chief Looks to Reassure Credit Rating Firms www.bloomberg.com/news/article...
South Korea Finance Chief Looks to Reassure Credit Rating Firms
South Korea’s finance minister called the global heads of sovereign coverage at major credit rating firms to reassure them over the possible impact of the nation’s political turmoil.
www.bloomberg.com
December 13, 2024 at 8:05 AM
South Korea Finance Chief Looks to Reassure Credit Rating Firms www.bloomberg.com/news/article...
Reposted by Jaehyun Eom
NEW: Korea's rich and powerful families are facing a revolt of their own as the country reels from the political fallout over a brief martial law.
Read The Big Take ⤵
Read The Big Take ⤵
Powerful Families Who Dominate South Korea Face an Investor Revolt
The country’s political turmoil is increasing the urgency to boost its flagging stock market and reform its powerful conglomerates.
www.bloomberg.com
December 11, 2024 at 4:02 AM
NEW: Korea's rich and powerful families are facing a revolt of their own as the country reels from the political fallout over a brief martial law.
Read The Big Take ⤵
Read The Big Take ⤵
Reposted by Jaehyun Eom
Seoul’s cityscape has transformed into a glittering color display marrying K-pop and politics, with scores of music fans singing in the streets and waving glow sticks in protest of President Yoon Suk Yeol
K-Pop Light Sticks Unite South Korea's Anti-Yoon Protesters
Seoul’s cityscape has transformed into a glittering color display marrying K-pop and politics, with scores of music fans singing in the streets and waving glow sticks in protest of President Yoon Suk ...
www.bloomberg.com
December 10, 2024 at 4:42 AM
Seoul’s cityscape has transformed into a glittering color display marrying K-pop and politics, with scores of music fans singing in the streets and waving glow sticks in protest of President Yoon Suk Yeol
Reposted by Jaehyun Eom
The leader of South Korea’s ruling People Power Party says that Prime Minister Han Duck-soo will manage the nation’s affairs as the country deals with the fallout from a political crisis sparked by President Yoon Suk Yeol’s bungled martial law.
S. Korea Ruling Party Vows to Engineer ‘Orderly Exit’ for Yoon
The leader of South Korea’s ruling People Power Party leader said on Sunday that Prime Minister Han Duck-soo will manage the nation’s affairs as the country deals with the fallout from a political cri...
www.bloomberg.com
December 8, 2024 at 3:46 AM
The leader of South Korea’s ruling People Power Party says that Prime Minister Han Duck-soo will manage the nation’s affairs as the country deals with the fallout from a political crisis sparked by President Yoon Suk Yeol’s bungled martial law.
South Korea's Opposition Slams Yoon's Brief Speech: Live Blog
www.bloomberg.com
December 7, 2024 at 4:31 AM
South Korean Finance Chief Says Recession Fears Are ‘Excessive’ www.bloomberg.com/news/article...
South Korean Finance Chief Says Recession Fears Are ‘Excessive’
South Korea’s finance minister says fears the nation will slide into a recession next year are “excessive,” as he played down the view that this week’s bungled martial law decree will have a lasting i...
www.bloomberg.com
December 5, 2024 at 10:07 PM
South Korean Finance Chief Says Recession Fears Are ‘Excessive’ www.bloomberg.com/news/article...
Reposted by Jaehyun Eom
South Korean President Yoon imposed and then quickly rescinded martial law.
Here's what happened and why it matters ⤵️
Here's what happened and why it matters ⤵️
What’s Behind South Korea’s Martial Law Chaos and Why It Matters
For the first time since South Korea achieved full democracy nearly 40 years ago, a president invoked martial law, igniting a political crisis with global political implications and initially causing ...
www.bloomberg.com
December 4, 2024 at 5:14 AM
South Korean President Yoon imposed and then quickly rescinded martial law.
Here's what happened and why it matters ⤵️
Here's what happened and why it matters ⤵️
Reposted by Jaehyun Eom
South Korea’s exports returned to growth on the back of continuing demand for semiconductors, in a positive sign for policymakers seeking to shore up the trade-reliant economy against any potential headwinds from Donald Trump’s tariff plans.
South Korea’s Exports Regain Momentum on Steady Chip Demand
South Korea’s exports returned to growth on the back of continuing demand for semiconductors, in a positive sign for policymakers seeking to shore up the trade-reliant economy against any potential he...
www.bloomberg.com
December 1, 2024 at 2:21 AM
South Korea’s exports returned to growth on the back of continuing demand for semiconductors, in a positive sign for policymakers seeking to shore up the trade-reliant economy against any potential headwinds from Donald Trump’s tariff plans.
Reposted by Jaehyun Eom
With crypto mania gripping South Korea, sky-high demand for Bitcoin and other virtual currencies has led to a phenomenon known as the 'Kimchi Premium.' Here's what to know
All About Korean Crypto Mania and the ‘Kimchi Premium’
In most of the world, crypto trading remains a niche pursuit, limited to those investors with the highest tolerance for risk. In South Korea, it’s all the rage, and has been for years. In fact, there’...
www.bloomberg.com
November 18, 2024 at 3:36 AM
With crypto mania gripping South Korea, sky-high demand for Bitcoin and other virtual currencies has led to a phenomenon known as the 'Kimchi Premium.' Here's what to know