Korean currency, markets increasingly mirror Japan as they drift from China, U.S.

Korea’s market is breaking from longstanding patterns, moving more in step with the Japanese yen and Japanese equities while leaving behind its former ties to the Chinese renminbi and U.S. stocks.

2026-03-30

Hong Kong, China stocks tumble as Middle East conflict knocks Asian markets

Hong Kong stocks hit six-month lows while China shares wiped out this year's gains on Monday as the escalating war in the Middle East sent oil prices soaring and dampened risk appetite in markets across Asia.

2026-03-09

Yuan breaks 7-per-dollar mark as dollar weakens, boosting outlook for Korean won

The Chinese yuan has surged past the “seven yuan per dollar” mark for the first time in 15 months amid a weaker U.S. dollar, potentially signaling gains for the Korean won, which often moves in step with the yuan.

2025-12-27

Korean, Chinese central banks sign renewed $50B currency swap deal

The central banks of Korea and China renewed their currency swap agreement for another five years, with a maximum value of 70 trillion won and extendable by mutual consent.

2025-11-03

BOK selects 6 local, 5 foreign market maker banks for Korea-China currency trade

The Bank of Korea chose six local banks and five banks in China as market makers for trade of the Korean won and China's currency, the renminbi, next year.

2024-12-26

Lee Kyoung-hoon finishes tied ninth at the Valspar Championship

China’s Carl Yuan thinks he may have unlocked the secret to finding more success on the PGA Tour after finishing tied fifth for his second top-10 of the season at the Valspar Championship on Sunday.

2024-03-25

Four Seasons Hotel Seoul names new head chef, dim sum chef at Yu Yuan

Kwok Wai To from Hong Kong will be stepping in as head chef and Qingbing Wu from China will be responsible for the restaurant's dim sum.

2024-03-18

China's challenge of the dollar mixed news for Korea

China and a number of other countries are pushing for de-dollarization, in the process making the yuan the fourth most actively traded currency.

2024-02-08

China’s Yuan and Korea’s An soar into co-lead at Sony Open in Hawaii

China's Carl Yuan and Korea's An Byeong-hun have positioned themselves for a potential first PGA Tour title after posting impressive scores of 65 and 64 respectively to claim a share of the 36-hole lead at the Sony Open in Hawaii on Friday.

2024-01-13

Yuan direction

An exchange rate for yuan is shown on an electric display board at a money exchange in Myeong-dong, central Seoul, Wednesday.

2023-11-22

korea joongAng daily