The Korean won has weakened back toward the 1,400 mark against the U.S. dollar amid the return of the so-called "King Dollar, ...

For one thing, the currency exchange rate between the South Korean won and the U.S. dollar has gotten worse over the years. When I first arrived in 2013, the math was almost perfect — $1 was ...

The South Korean currency fell to as low as 1,443.40 won per dollar, the lowest since October 2022. It was last down 1.9% at 1,430.72.

US prosecutors indicated a total of 13 people involved in the fraudulent scheme to steal and launder money for North Korea’s ...

Song Kum Hyok is accused of masterminding a scheme in which North Korean cyber operatives posed as U.S. remote IT workers for unwitting companies.

They were net buyers of US$499.2 million this year, with Xiaomi, BYD, Alibaba and Pop Mart among the most active stocks.