Korean Won Markets

Taiwan Central Bank: Taiwan Dollar Rising Persistently Vs Won

TAIPEI -(Dow Jones)- The New Taiwan dollar has been rising persistently against the Korean won, Yen Tzung-Ta, director general of the Taiwan central bank's department of economic research, said Friday. Korea is Taiwan's major...

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Korea’s housing market bounces back

By Rupert Walker | 16 November 2009 The central bank is concerned about a new property price bubble, but analysts say worries are overdone. A surge in housing prices in recent months has put Korea's central bank under the...

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Dollar decline continues as trade deficit widens

By TALI ARBEL AP Business Writer NEW YORK (AP) - The dollar dropped Friday after the government said the trade deficit widened in September, while the 16-nation eurozone officially emerged from recession, luring investors away...

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Korea Won Lower Late On Risk Aversion, Suspected Intervention - Wall Street Journal

ABC News Korea Won Lower Late On Risk Aversion, Suspected Intervention Wall Street Journal SEOUL (Dow Jones)--The South Korean won was lower late Friday due to modest risk aversion with most regional stocks trading weaker, and...

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Korean Air posts profit amid stronger currency

Korean Air, South Korea's biggest airline, said Tuesday it posted a third-quarter net profit compared with a big loss the year before thanks to cheaper fuel costs and a stronger local currency. Korean Air Lines Co. earned 264...

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KAL posts Q3 net income of 264bn won

Korean Air (KAL) returned to the black in the third quarter, posting a net income of 264 billion Korean won ($228 million) for the three months ending 30 September. The profits compare to a loss of 684 billion won for the...

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Samsung revenues jump 18.5pc

Saturday, November 07, 2009 By our correspondent KARACHI: Samsung Electronics Co Ltd has announced consolidated global revenues of 35.87 trillion Korean won (US$29 billion) in the third quarter ended September 30, 2009. This...

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Appreciated S Korean won likely to cause exports to dip: industry group

SEOUL, Oct. 28 (Xinhua) -- An appreciation of the South Korean currency against the U.S. dollar by 10 won is estimated to bring about a plunge in South Korea's exports, deteriorating the nation's trade competitiveness, a report...

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Dollar rebounds after hitting 14-month low

NEW YORK (AP) - The dollar reversed direction after hitting a 14-month low against the euro in volatile trading Monday after a regional Chinese central bank researcher argued for diversification of the country's reserves away...

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SKorea's economy grows at fastest pace in 7 years

A South Korean street vendor arranges a stall of stockings in Seoul, South Korea, Monday, Oct. 26, 2009. South Korea's economy grew at its fastest pace in over seven years in the third quarter amid strength in manufacturing and...

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