Tag: us treasury

us treasury

Latest News

Korea, U.S. finance chiefs reaffirm bilateral economic cooperation

Finance Minister Lee Hyoung-il and U.S. Treasury Secretary Scott Bessent discussed shared priorities and stronger economic cooperation in their first call.

2026.10.14

Seoul weighs exposure as U.S. broadens Iran sanctions regime

Direct exposure appears to be limited, but Seoul remains on alert for third-country transactions that may affect local companies.

2026.8.25

Bessent urges U.S. allies to join economic pressure campaign on Iran

The U.S. Treasury secretary says Washington will pursue unprecedented sanctions enforcement against those doing business with Iran.

2026.8.21

Monitor in Tokyo shows the yen exchange rate at 160.809 per dollar next to U.S. and Japanese flags.

U.S. Treasury buys up yen in bid to bolster the battered Japanese currency

The move comes after the central bank indicated possible intervention, with an expected announcement likely to serve as a warning against speculation.

2026.8.1

A sign marks the U.S Treasury Department in Washington on Aug. 6, 2018. [REUTERS/YONHAP]

U.S. imposes new sanctions on North Korean individuals following cryptocurrency scheme

The U.S. Treasury on Wednesday imposed new sanctions on North Korean and Russian individuals as well as companies accused of helping Pyongyang earn illicit revenue through overseas information technology workers.

2025.8.28

U.S. Secretary of State Antony Blinken speaks in a meeting in South Africa Monday. The U.S. Department of State and Treasury Department announced new sanctions on virtual currency mixer Tornado Cash Monday. [REUTERS/YONHAP]

Tornado Cash sanctioned by U.S. over North Korean hacking

The U.S. Treasury blacklisted cryptocurrency platform Tornado Cash for laundering hundreds of millions of dollars of virtual currency stolen by North Korean hackers.

2022.8.9

BOK able to borrow short-term dollar funding from U.S. Fed

Korea will be able to borrow up to $60 billion from the U.S. Federal Reserve's "repo facility," designed to help countries secure overnight dollar funding by using their holdings of U.S. Treasury securities, the central bank said Thursday.

2021.12.23

Gov't to monitor market volatility as bond yield spread widens

Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short- and long-term state bonds is increasing, the vice finance minister said Tuesday.

2021.1.19

MT Hankuk Chemi, a South Korean-flagged oil tanker, is escorted by Islamic Revolutionary Guard vessels Monday to Iranian waters after being seized by Iranian authorities in the Strait of Hormuz in a photo released by the Tasnim News Agency. [AFP/YONHAP]

Iran seizes Korean oil tanker in Strait of Hormuz

Iran seized a South Korean-flagged oil tanker in the Strait of Hormuz Monday amid ongoing tension with Washington and discussions with Seoul over what to do with Tehran’s assets frozen in Korean banks.

2021.1.5

Tag: us treasury

us treasury

Latest News

Korea, U.S. finance chiefs reaffirm bilateral economic cooperation

Seoul weighs exposure as U.S. broadens Iran sanctions regime

Most popular

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

179 dead after Jeju Air flight 7C2216 crashes at Muan International Airport — as it happened

Rooney, Maicon, Park Joo-ho score as Shield United wins Icons Match in Seoul — as it happened

Kim Soo-hyun addresses Kim Sae-ron relationship — as it happened