South Korea Economy
South Korea's Finance Minister Koo Yun-cheol said on Thursday that volatility in financial and foreign exchange markets has "somewhat eased" following a two-week ceasefire between the United States and Iran. The statement came after U.S. President Donald Trump announced a suspension of strikes on Iran, which led South Korean stocks to surge nearly 7 percent on Wednesday and the Korean won to strengthen sharply against the U.S. dollar. The government pledged to remain vigilant in maintaining macroeconomic stability.
Imeripotiwa na AI
Sales of imported vehicles in South Korea rose 34.6 percent in March to 33,970 units, driven by strong electric vehicle demand and more working days. Tesla dominated with 11,130 units sold. This marks key milestones in the market.