South Korea
Asia-Pacific markets open higher after Wall Street gains on tech strength
People posing for photos in front of a Christmas light installation in central Seoul on December 22, 2023. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets opened higher on Christmas Eve, after key U.S. benchmarks rose overnight helped by gains in tech stocks. Japan’s Nikkei 225 and Topix were nearly flat as minutes of […]
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I spent $34,563.38 to travel the world for 18 months and tracked every cent: My budget breakdown
In 2022, I quit my job to fulfill my longtime dream of traveling the world full-time for a year and a half. My journey through 12 countries in Asia and six in South America cost exactly $34,563.38. I stayed meticulous about one thing from beginning to end: I tracked every penny I spent, from a […]
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The world’s busiest flight routes in 2024
Hong Kong-Taipei is the busiest international flight route, according to a report released Tuesday by aviation intelligence company OAG. The route — which last held that position in 2019 — again tops the list despite seat capacity remaining 15% below pre-pandemic levels, according to OAG’s report. Seven of the 10 busiest international routes in the […]
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South Korea political turmoil presents investment opportunities, says U.S. investor
The recent political turmoil in South Korea looks set to be short-lived, according to fund manager Arjun Jayaraman, who said there are opportunities for investors in the country. The portfolio manager at U.S.-based investment firm Causeway Capital Management added that risks around the South Korean stock market were now priced in, following a failed attempt […]
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South Korea’s acting president moves to reassure allies, calm markets after Yoon impeachment
A protester holding a cardboard reading “Leader of insurgents” on an image depicting the face of South Korea’s President Yoon Suk Yeol takes part in a protest calling for his ouster outside the National Assembly in Seoul on December 8, 2024. Philip Fong | Afp | Getty Images South Korea’s acting president, Han Duck-soo, moved on Sunday […]
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South Korea’s President Yoon impeached after failed attempt to impose martial law
A screens shows footage of South Korean President Yoon Suk Yeol delivering an address to the nation at Seoul station on Dec. 7, 2024 in Seoul, South Korea. Chung Sung-jun | Getty Images News | Getty Images South Korea’s President Yoon Suk Yeol was impeached on Saturday in a vote triggered after his fleeting failed […]
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Yellen discusses South Korean political crisis with country’s finance minister
Treasury Secretary Janet Yellen speaks at the Council on Foreign Relations in New York City, U.S., October 17, 2024. Andrew Kelly | Reuters U.S. Treasury Secretary Janet Yellen spoke to South Korean Finance Minister Choi Sang-mok on Tuesday and discussed South Korea’s political turmoil following President Yoon Suk Yeol’s attempt last week to impose martial law. Yellen “expressed appreciation for the close […]
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European markets higher as new trading week kicks off; Gucci-owner Kering rises over 4%
European markets opened higher on Monday as the new trading week kicked off, with investors weighing geopolitical turmoil. The pan-European Stoxx 600 was up by around 0.3% at 8:34 a.m. London time, with most major regional bourses and sectors trading in positive territory. Traders will be assessing geopolitical upheaval in the Middle East after the […]
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South Korea President Yoon banned from foreign travel as leadership crisis deepens
People gather outside the National Assembly, after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, December 4, 2024. Soo-hyeon Kim | Reuters South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, […]
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CNBC Daily Open: Political uncertainty intensifies over the weekend
National Syrian Army soldiers celebrate after opposition forces led by Hayat Tahrir al-Sham took control of the Hama city center and surrounding villages on Dec. 6, 2024, in Hama, Syria. Dia Images | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings […]
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