South Korean PM says he is concerned over the recent KRW weakness
The South Korean Prime Minister's concerns about the recent weakness of the Korean won (KRW) suggest potential governmental action or intervention to stabilize the currency.
Newsquawk Daily European Equity Opening News - 10th February 2026
India is reportedly in talks with France, Netherlands, Brazil and Canada over a deal on critical minerals
South Korean PM says he is concerned over the recent KRW weakness
French Unemployment Rate (Q4) 7.9% vs. Exp. 7.8% (Prev. 7.7%, Low. 7.7%, High. 7.8%)
Newsquawk Daily European Opening News - 10th February 2026
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could lead to increased volatility in FX markets, particularly if traders anticipate a more hawkish stance from policymakers. Watch for how this may affect investor sentiment and other asset classes related to South Korea.
Related headlines
- South Korean Finance Minister is to reportedly hold a market review meeting on Friday, reports suggestSep 03
- China passenger car sales fell 23.7% YoY to 1.55 mln units in August, according to the China Passenger Car Association5 days ago
- Japan reportedly sees a US President Trump and PM Takaichi talk in late September, Kyodo reports 6 days ago
- South Korea says it will work to manage the bond market in a stable manner and it will closely monitor local bond market movementsSep 04
- Japan's Top Currency Diplomat Mimura says they continue to stand ready on FX; declines to comment on if rate checks were conductedSep 03
- Japanese Finance Minister Katayama says no direct requests to do anything has been given from US Treasury Secretary BessentSep 03
- Japan's government is reportedly looking to convene an extraordinary Diet session in early October, Asahi reports; expected to focus on consumption tax cuts and a reduction in the number of seatsSep 03
- Japan Chief Secretary Kihara says there has been no change to PM Takaichi government policies about attaining a strong economy and fiscal sustainabilitySep 03
- Japan's GPIF’s unusual August management committee meeting has fuelled speculation it may raise its 25% domestic bond allocation target, Bloomberg reportsSep 03
- Taiwan cabinet approved a TWD 607.6bln supplementary budgetSep 03
- US Treasury Secretary Bessent says "I know what the Japanese are planning on doing".Sep 02
- China proposed consolidating three local levies into a single “local surtax” with an 11-13% rate set by provincial governments, CCTV reportsSep 02
- US Treasury Secretary Bessent says Abenomics was reflationary and that Japan can sit back and enjoySep 01
- Chinese Finance Ministry is to set a 20% tax level on foreign individuals' dividend incomeSep 01
- Japanese Chief Cabinet Secretary Kihara says he is closely watching market movesSep 01
- South Korea's budget minister notes South Korea plans a 2027 budget of KRW 821tlnSep 01
- China’s MOFCOM targets around CNY 60tln in total retail sales of consumer goods by 2030Aug 31
- Japanese government to request JPY 143tln for the budget (general account) in FY27, Nikkei reports citing sourcesAug 31
- Newsquawk Daily Asia-Pac Opening News - 11th September 20262 days ago
- Newsquawk Daily US Opening News - 10th September 20262 days ago
The whole workspace, free to try.
Try it free