Tag: koo yun-cheol

koo yun-cheol

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Visitors look inside a public youth housing unit in Dongjak District, eastern Seoul, in April 2024. [JOINT PRESS CORPS]

Gov't to supply 90,000 rental homes in greater Seoul area for youths by 2027

Finance Minister Koo Yun-cheol said Friday the government plans to supply some 90,000 rental housing units for young people in the greater Seoul area by 2027.

2026.5.22

Finance Minister Koo Yun-cheol speaks to reporters at a press conference held at the government complex in Sejong on May 11. Koo said that opportunities from the semiconductor boom should not be derailed by labor-management conflict at Samsung Electronics as its labor union demands higher bonuses. [MINISTRY OF ECONOMY AND FINANCE]

Korea's economy to grow more than two percent this year, says finance minister

Korea’s economy is set to grow more than 2 percent this year, Finance Minister Koo Yun-cheol said Monday, adding that the key question now is how far growth will exceed that threshold.

2026.5.11

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Korea's Finance Minister Koo Yun-cheol, left, and James Kim, chairman of the American Chamber of Commerce in Korea take a photo after their dialogue on elevating Korea’s standing as a global financial hub at the Seoul government complex in central Seoul on April 28. [AMCHAM KOREA]

Amcham, Finance Ministry explore policies to elevate Korea as financial hub

James Kim, chairman of the American Chamber of Commerce in Korea, met with Finance Minister Koo Yun-cheol to explore strategic policy directions to elevate Korea’s standing as a global financial hub and a premier regional headquarters destination.

2026.4.28

Finance Minister Koo Yun-cheol, left, shakes hands with U.S. Treasury Secretary Scott Bessent during his visit to New York to attend the Korea Investment Summit on Sept. 24, 2025. [NEWS1]

Korea, U.S. agree to continue consultations on forex developments

Finance Minister Koo Yun-cheol and U.S. Treasury Secretary Scott Bessent agreed to continue consultations on foreign exchange market developments as the won remains persistently weak against the dollar.

2026.4.19

Finance Minister Koo Yun-cheol speaks during a meeting between ministry officials at the Sejong Government Complex in Sejong on April 10 in a photo carried by the Ministry of Finance and Economy. [NEWS1]

Finance minister orders vigilance against uncertainty with Iran war cease-fire

Finance Minister Koo Yun-cheol has instructed officials to remain vigilant against economic uncertainty despite a two-week cease-fire agreement between the United States and Iran.

2026.4.10

Finance Minister Koo Yun-cheol speaks during a ministerial meeting about public livelihood at the central government complex in Jongno District, central Seoul, on April 9. [NEWS1]

Finance minister states that market volatility has 'somewhat eased' following cease-fire

Finance Minister Koo Yun-cheol said on Thursday that volatility in the financial and foreign exchange markets has “somewhat eased” following a two-week cease-fire between the United States and Iran.

2026.4.9

Finance Minister Koo Yun-cheol visits the headquarters of NH Investment & Securities in Seoul on April 3. [YONHAP]

Finance chief says incentives for reshoring stock investments will improve foreign exchange rate

Finance Minister Koo Yun-cheol said Friday offering tax incentives to encourage offshore-bound investments to return to the domestic stock market will help improve foreign exchange supply and demand.

2026.4.3

Budget Minister Park Hong-keun, left, Finance Minister Koo Yun-cheol, center, and Financial Services Commission Chairman Lee Eog-weon hold their inaugural macroeconomic policy consultation meeting at Government Complex Seoul in central Seoul on April 1. [YONHAP]

Seoul launches new consultation body of top finance officials for macroeconomic response

A new policy consultation council of the country's top finance officials kicked off Wednesday in a bid to bolster cooperation among economy-related authorities in devising macroeconomic policies amid heightening global uncertainties.

2026.4.1

Symbolic mock-ups of Iranian missiles are displayed on a street in Tehran on March 22 amid the U.S.-Israeli conflict with Iran. [REUTERS/YONHAP]

Finance minister calls for proactive policy measures to prepare for prolonged Middle East crisis

Finance Minister Koo Yun-cheol on Sunday called for proactive policy measures to prepare for a prolonged Middle East crisis, as the conflict surrounding Iran has pushed up global oil prices and heightened economic uncertainties.

2026.3.22

Finance Minister Koo Yun-cheol speaks during a meeting on macroeconomic and financial issues at the Korean Federation of Banks building in Jung District, central Seoul, on March 19. [YONHAP]

Gov't verbally intervenes to stabilize markets amid Iran war tensions, U.S. rate freeze

The government verbally intervened to stabilize Korea's financial markets on Thursday amid escalating tensions in the Middle East and a rate freeze by the U.S. Federal Reserve in Washington on Wednesday.

2026.3.19