Korea Joongang Daily
Korea JoongAng Daily

Finance chief says exchange rate will stabilize once Middle East risk eases

Korea's foreign exchange market will stabilize once tensions in the Middle East are resolved, Finance Minister Koo Yun-cheol said.

2026-04-16

Foreign minister discusses securing alternative oil supplies with local refiners

Foreign Minister Cho Hyun met with representatives from major local oil refiners on Friday and discussed the possibility of securing alternative oil supplies to replace those from the Middle East, the Ministry of Foreign Affairs said.

2026-04-10

U.S. hosts finance ministerial talks with Korea, Japan, others on critical mineral supply chains

The United States convened a meeting of finance ministers from Korea, Japan and other partners in Washington on Monday to discuss efforts to secure supply chains for critical minerals, the Treasury Department said.

2026-01-13

Finance chief says Korean economy showing signs of 'vitality'

Finance Minister Koo Yun-cheol said Monday that Korea's economy is gradually recovering from a prolonged slump and showing signs of "vitality," vowing efforts to sustain the momentum.

2025-10-20

Gov't to inject 7 tln won more to spur investment from public institutions: finance chief

Finance Minister Koo Yun-cheol said Monday that the government plans to inject an additional 7 trillion won by the end of this year.

2025-09-08

Finance minister holds annual consultation with Moody's on sovereign credit rating

Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol held an annual consultation with Moody's Investors Service last week, underscoring the need for "bold fiscal input" to support economic growth, according to the Finance Ministry.

2025-08-10

Korean finance minister opens trade talks with U.S. upon arrival in Washington

Finance Minister and Deputy Prime Minister Koo Yun-cheol began trade talks with U.S. officials just hours after landing in Washington, Korea’s Finance Ministry said Wednesday. The talks lasted for two hours from 3 p.m.

2025-07-30

Finance minister nominee says will form project team for 'ultra-innovation items' in AI era

Finance Minister nominee Koo Yun-cheol vowed Thursday to assemble a team of top experts to develop "ultra-innovative" items as part of efforts to create a new engine for economic growth.

2025-07-17

Finance minister nominee envisions nation as 'Korea Inc.' to generate returns for public

Koo Yun-cheol, nominee for deputy prime minister and finance minister and former chief of the Office for Government Policy Coordination, said on Sunday he would push for sweeping economic reforms aimed at achieving “true growth.”

2025-06-30

Gov't eyes $6.8 billion additional budget for wildfire recovery and economic support

Deputy Prime Minister and Finance Minister Choi Sang-mok announced Tuesday that the government would propose a budget addition of 10 trillion won ($6.8 billion) early next week.

2025-04-08