Tag: money minister

money minister

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Finance Minister Koo Yun-cheol speaks during a meeting with economy-related ministers in Seoul on May 15. [YONHAP]

Korea gradually feeling impact of prolonged Middle East crisis: Finance minister

Korea is gradually feeling the impact of the prolonged conflict in the Middle East through higher consumer prices despite strong export data, the finance minister said Friday, vowing proactive steps to stabilize supply chains.

2026.5.15

Finance chief targets boosted growth through capital market reforms

Finance Minister Koo Yun-cheol said Tuesday the government aims to further develop the capital market for economic growth, emphasizing ongoing reform efforts to advance the country's financial and foreign exchange markets.

2026.4.28

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Finance Minister Koo Yun-cheol speaks to reporters in Washington, D.C., on April 15 in this photo provided by the Finance Ministry [YONHAP]

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.

2026.4.16

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.

2026.4.10

U.S. Treasury Secretary Scott Bessent looks on at the White House in Washington, Dec. 13, 2025. [REUTERS/YONHAP]

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.

2026.1.13

Finance Minister Koo Yun-cheol speaks during an economy-related ministers meeting at the government complex in Seoul on Oct. 20. [NEWS1]

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

Finance Minister Koo Yun-cheol speaks during a press conference at the government complex in the city of Sejong on Sept. 8, 2025. [YONHAP]

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.

2025.9.8

Minister of Economy and Finance Koo Yun-cheol, left, talks with Moody's Investors Service on Aug. 8 in Seoul. [YONHAP]

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.

2025.8.10

Deputy Prime Minister and Finance Minister Koo Yun-cheol talks to reporters upon arriving at Dulles International Airport on July 29. [JOINT PRESS CORPS]

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.

2025.7.30

Finance Minister nominee Koo Yun-cheol speaks to reporters in a press conference held shortly after his nomination was announced by the presidential office on June 29. [YONHAP]

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.

2025.7.17