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South Korea

The latest verified economic news, official data and analysis on South Korea, from The Edge for Economic Consultancy.

South Korean Banks Earn Record 32.2 Trillion Won in Interest as Securities Losses Cut First-Half Profit 6.4 Percent

Global · Aug 24, 2026 · 4 min read

South Korean Banks Earn Record 32.2 Trillion Won in Interest as Securities Losses Cut First-Half Profit 6.4 Percent

South Korea's domestic banks generated a record 32.2 trillion won in interest income in the first half of 2026, yet stronger core…

Read more →
Market Wrap MENA-Asia 21 August: Hang Seng Tops 26,000 While Dubai Rises and Abu Dhabi Slips

Japan · Aug 21, 2026 · 6 min read

Market Wrap MENA-Asia 21 August: Hang Seng Tops 26,000 While Dubai Rises and Abu Dhabi Slips

Asia extended Thursday's rebound into the weekly close on Friday, with Hong Kong leading the region above a round-number mark, while the…

Read more →
Market Wrap MENA-Asia 20 August: Kospi Rebounds 5.9 Percent as Brent Tops 94 Dollars

Japan · Aug 20, 2026 · 7 min read

Market Wrap MENA-Asia 20 August: Kospi Rebounds 5.9 Percent as Brent Tops 94 Dollars

Asia rebounded on Thursday almost as hard as it had fallen a day earlier, while most Gulf markets absorbed a sharp escalation…

Read more →
Korean Household Debt Has Passed 2,000 Trillion Won, and the Central Bank Is Now Raising Rates Into It

Global · Aug 20, 2026 · 3 min read

Korean Household Debt Has Passed 2,000 Trillion Won, and the Central Bank Is Now Raising Rates Into It

Korean household credit reached 2,019.8 trillion won at the end of June, the first reading above two thousand trillion. The quarterly increase…

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Market Wrap MENA-Asia 19 August: Kospi Plunges 5.8 Percent, Kuwait Rises, Egypt Slides

Japan · Aug 19, 2026 · 7 min read

Market Wrap MENA-Asia 19 August: Kospi Plunges 5.8 Percent, Kuwait Rises, Egypt Slides

Asia's selloff turned into a rout on Wednesday, led by the chip complex, while the Gulf split and Kuwait advanced, per CNBC.…

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Market Wrap MENA-Asia 18 August: Nikkei Sinks 2.5 Percent as Gulf Steadies and Egypt Slips

Japan · Aug 18, 2026 · 7 min read

Market Wrap MENA-Asia 18 August: Nikkei Sinks 2.5 Percent as Gulf Steadies and Egypt Slips

Asia sold off on Tuesday while the Gulf steadied, an inversion of Monday's map, as the first full session after the 60-day…

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Market Wrap MENA-Asia 17 August: Shenzhen Jumps 2.4 Percent, Gulf Slips, Egypt Fades

Japan · Aug 17, 2026 · 6 min read

Market Wrap MENA-Asia 17 August: Shenzhen Jumps 2.4 Percent, Gulf Slips, Egypt Fades

Gulf equities slipped broadly on Monday while China rallied, as the 60-day ceasefire between the United States and Iran expired with no…

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Market Wrap MENA-Asia 16 August: Egypt Adds 1.09 Percent and Saudi Arabia 0.89 as Asia Holds Friday Gains

Japan · Aug 16, 2026 · 5 min read

Market Wrap MENA-Asia 16 August: Egypt Adds 1.09 Percent and Saudi Arabia 0.89 as Asia Holds Friday Gains

Egyptian and Saudi equities led a broadly firm Sunday session across the Middle East and North Africa, with the EGX 30 climbing…

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Market Wrap MENA-Asia 14 August: Kospi Adds 2.4 Percent for a Fifth Straight Gain as Abu Dhabi Holds and Dubai Slips

Japan · Aug 14, 2026 · 6 min read

Market Wrap MENA-Asia 14 August: Kospi Adds 2.4 Percent for a Fifth Straight Gain as Abu Dhabi Holds and Dubai Slips

South Korea's Kospi led Asia for a fifth consecutive session on Friday, closing 2.42 percent higher, while the region split and the…

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Market Wrap MENA-Asia 13 August: Kospi Adds Another 3.6 Percent as Gulf Slips and Egypt Advances

Japan · Aug 13, 2026 · 7 min read

Market Wrap MENA-Asia 13 August: Kospi Adds Another 3.6 Percent as Gulf Slips and Egypt Advances

South Korea's Kospi surged for a fourth consecutive session on Thursday, adding 3.56 percent, while North Asia broadly advanced, mainland China fell…

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Market Wrap MENA-Asia 12 August: Kospi Surges 3.7 Percent While Gulf Firms

Japan · Aug 12, 2026 · 5 min read

Market Wrap MENA-Asia 12 August: Kospi Surges 3.7 Percent While Gulf Firms

Asian equities carried the session on Wednesday, led by a 3.68 percent surge in South Korea's Kospi, while Gulf bourses closed mostly…

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Market Wrap MENA-Asia 11 August: Gulf Slips as Egypt’s Pound Crosses 50 Before US CPI

Japan · Aug 11, 2026 · 5 min read

Market Wrap MENA-Asia 11 August: Gulf Slips as Egypt’s Pound Crosses 50 Before US CPI

Regional and Asian markets turned cautious on Tuesday, the final session before US inflation data that will test the week's entire narrative,…

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  • Bank of Korea, South Korea
    Macro | South Korea

    Bank of Korea Raises Base Rate to 3.00 Percent in 2nd Straight Hike

    August 27, 2026August 27, 2026

    The Bank of Korea raised its Base Rate by 25 basis points to 3.00 percent on August 27, 2026, its 2nd consecutive increase after a July hike that had been its 1st in more than 3 years, as the Monetary Policy Board acted to contain inflation risks and cool household debt and housing prices even…

    Read More Bank of Korea Raises Base Rate to 3.00 Percent in 2nd Straight HikeContinue

  • Asia Market Wrap, The Edge for Economic Consultancy
    China | Japan | Markets | South Korea

    Asia Market Wrap 26 August: Chipmakers Lead as Oil Falls a Third Day on Hormuz Talks

    August 26, 2026August 27, 2026

    Two of Asia’s most semiconductor-heavy markets led the region higher on Wednesday, hours before Nvidia reports second-quarter results. Taiwan’s Taiex rose 1.47 percent to 45,832.62, the strongest of the eleven benchmarks we track, and South Korea’s Kospi added 0.97 percent to 6,808.21. Seven of the eleven finished higher, and the spread between best and worst…

    Read More Asia Market Wrap 26 August: Chipmakers Lead as Oil Falls a Third Day on Hormuz TalksContinue

  • Asia Market Wrap, The Edge for Economic Consultancy
    China | Japan | Markets | South Korea

    Asia Market Wrap 25 August: Nine of 11 Benchmarks Rise Before Nvidia Earnings

    August 25, 2026August 26, 2026

    Asian equities were broadly higher on Tuesday, with nine of the 11 benchmarks we track advancing as investors positioned ahead of Nvidia’s second quarter results on Wednesday. South Korea produced the sharpest turn, the Kospi closing 0.68 percent higher at 6,742.74 after a heavily negative start, recouping roughly a fifth of Monday’s 3.1 percent loss….

    Read More Asia Market Wrap 25 August: Nine of 11 Benchmarks Rise Before Nvidia EarningsContinue

  • Asia Market Wrap, The Edge for Economic Consultancy
    China | Japan | Markets | South Korea

    Asia Market Wrap 24 August: Kospi Falls 3.1 Percent as Samsung Return Terms and Alibaba Placement Hit Tech

    August 24, 2026August 25, 2026

    Asian equities closed mostly lower on Monday, and the regional headline hid a wide spread beneath it. South Korea’s Kospi fell 3.12 percent to 6,696.96, the Shenzhen Component lost 2.13 percent, Hong Kong’s Hang Seng dropped 1.89 percent and Taiwan’s Taiex declined 1.02 percent. Japan’s Nikkei 225 fell 0.74 percent and the Shanghai Composite 0.59…

    Read More Asia Market Wrap 24 August: Kospi Falls 3.1 Percent as Samsung Return Terms and Alibaba Placement Hit TechContinue

  • The Financial Supervisory Service (FSS), South Korea
    Global | Macro | South Korea

    South Korean Banks Earn Record 32.2 Trillion Won in Interest as Securities Losses Cut First-Half Profit 6.4 Percent

    August 24, 2026August 24, 2026

    South Korea’s domestic banks generated a record 32.2 trillion won in interest income in the first half of 2026, yet stronger core banking earnings were not enough to prevent net profit from falling, as higher market interest rates produced substantial securities losses. The Financial Supervisory Service said the 20 domestic banks posted 13.8 trillion won…

    Read More South Korean Banks Earn Record 32.2 Trillion Won in Interest as Securities Losses Cut First-Half Profit 6.4 PercentContinue

  • MENA-Asia Market Wrap, The Edge for Economic Consultancy
    Japan | Markets | Middle East | South Korea

    Market Wrap MENA-Asia 21 August: Hang Seng Tops 26,000 While Dubai Rises and Abu Dhabi Slips

    August 21, 2026August 25, 2026

    Asia extended Thursday’s rebound into the weekly close on Friday, with Hong Kong leading the region above a round-number mark, while the United Arab Emirates, the only Gulf market open on Friday, split between a firmer Dubai and a softer Abu Dhabi. The Hang Seng climbed 1.21 percent to 26,009.46, clearing 26,000, and South Korea’s…

    Read More Market Wrap MENA-Asia 21 August: Hang Seng Tops 26,000 While Dubai Rises and Abu Dhabi SlipsContinue

  • MENA and Asia Market Wrap (cover), Global
    Japan | Markets | Middle East | South Korea

    Market Wrap MENA-Asia 20 August: Kospi Rebounds 5.9 Percent as Brent Tops 94 Dollars

    August 20, 2026August 25, 2026

    Asia rebounded on Thursday almost as hard as it had fallen a day earlier, while most Gulf markets absorbed a sharp escalation in the region’s headlines with little change. South Korea’s Kospi surged 5.89 percent, nearly reversing Wednesday’s 5.80 percent plunge, in a rally that triggered a temporary buy-side halt on program trading, per CNBC,…

    Read More Market Wrap MENA-Asia 20 August: Kospi Rebounds 5.9 Percent as Brent Tops 94 DollarsContinue

  • Bank of Korea, South Korea
    Global | Macro | South Korea

    Korean Household Debt Has Passed 2,000 Trillion Won, and the Central Bank Is Now Raising Rates Into It

    August 20, 2026August 20, 2026

    Korean household credit reached 2,019.8 trillion won at the end of June, the first reading above two thousand trillion. The quarterly increase was 25.9 trillion won, and it is the ninth consecutive quarterly rise. The last decline in the series was in the first quarter of 2024. It is also the largest single-quarter increase of…

    Read More Korean Household Debt Has Passed 2,000 Trillion Won, and the Central Bank Is Now Raising Rates Into ItContinue

  • MENA and Asia Market Wrap (cover), Global
    Japan | Markets | Middle East | South Korea

    Market Wrap MENA-Asia 19 August: Kospi Plunges 5.8 Percent, Kuwait Rises, Egypt Slides

    August 19, 2026August 25, 2026

    Asia’s selloff turned into a rout on Wednesday, led by the chip complex, while the Gulf split and Kuwait advanced, per CNBC. South Korea’s Kospi plunged 5.80 percent in a fall that led to a temporary halt in trading at the open, per CNBC, Japan’s Nikkei 225 sank 3.16 percent and the Shenzhen Component lost…

    Read More Market Wrap MENA-Asia 19 August: Kospi Plunges 5.8 Percent, Kuwait Rises, Egypt SlidesContinue

  • MENA and Asia Market Wrap (cover), Global
    Japan | Markets | Middle East | South Korea

    Market Wrap MENA-Asia 18 August: Nikkei Sinks 2.5 Percent as Gulf Steadies and Egypt Slips

    August 18, 2026August 25, 2026

    Asia sold off on Tuesday while the Gulf steadied, an inversion of Monday’s map, as the first full session after the 60-day window between the United States and Iran expired ran into rising long-term yields across the globe, per CNBC. Japan’s Nikkei 225 sank 2.54 percent to lead losses among the region’s major benchmarks, South…

    Read More Market Wrap MENA-Asia 18 August: Nikkei Sinks 2.5 Percent as Gulf Steadies and Egypt SlipsContinue

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