#korean-won — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #korean-won, aggregated by home.social.
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South Korean Fugitive Arrested In Las Piñas City
The Bureau of Immigration (BI) announced that it apprehended a South Korean fugitive in Las Piñas City for illegal online gambling operations
To put things in perspective, posted below is an excerpt from the BI’s official announcement. Some parts in boldface…
In line with the directive of President Ferdinand Romualdez Marcos Jr. to intensify the crackdown on foreign fugitives and transnational crimes, the Bureau of Immigration (BI) reported the arrest of a South Korean national wanted by international authorities for operating illegal online gambling operations.
BI Fugitive Search Unit (FSU) agents, in coordination with the Korean National Police Agency and the Philippine National Police–Integrity Monitoring and Enforcement Group, arrested Lee Jonghak, 37, on Tuesday morning , April 14, at a residence in a subdivision in Pamplona Dos, Las Piñas City.
Lee is the subject of an Interpol Red Notice issued in 2025, stemming from an arrest warrant released by the Incheon District Court on the same year for violations of South Korea’s National Sports Promotion Act related to illegal online gambling operations.
Investigations by Korean law enforcement revealed that from August 2021 until recently, Lee and his accomplices operated at least 23 illegal online gambling websites from different locations.
The group reportedly managed sports betting and casino-style games, recruited members, and facilitated financial transactions, generating over KRW 5.33 billion in profits. Authorities estimate the syndicate’s total earnings to have exceeded KRW 350 billion.
Lee reportedly served as an assistant manager overseeing multiple operational teams composed of around 300 employees. The exact amount he personally received remains under investigation.
Records from the BI showed that Lee last arrived in the Philippines in 2024 and was admitted under a probationary permanent resident visa. He was later included in the Bureau’s blacklist and watchlist as an undesirable alien and fugitive from justice.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you thankful to the Bureau of Immigration for arresting the fugitive?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
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The Korean won and Taiwan dollar, once closely linked as proxy hedge targets, are now decoupling as diverging stock market trends and foreign capital flows drive differing currency movements, with the Taiwan dollar outpacing the won in strength amid record trade surpluses and robust equity inflows.
#YonhapInfomax #KoreanWon #TaiwanDollar #ProxyHedge #ForeignCapital #KOSPIIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70549 -
The Korean won weakened sharply against the US dollar, dropping 10 won from its intraday high to close at 1,365.30, reflecting heightened market volatility.
#YonhapInfomax #DollarWon #ExchangeRate #MarketVolatility #IntradayHigh #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68569 -
Despite ongoing Middle East risks, the Korean won remains resilient as undervaluation perceptions and policy optimism under the new Lee Jae-myung administration limit dollar-won upside, with strong equity inflows and exporter dollar sales capping exchange rate gains.
#YonhapInfomax #KoreanWon #DollarWonExchangeRate #MiddleEastRisk #KOSPI #ForeignInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68315 -
The Korean won weakened against the US dollar, with the exchange rate climbing to 1,357.80 won intraday as the greenback strengthened in global markets.
#YonhapInfomax #DollarWon #ExchangeRate #StrongDollar #IntradayHigh #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66863 -
US markets saw Treasury yields rise and Korean won strengthen as the Commerce Department renegotiates CHIPS Act subsidies, while Korean ETFs surged on new government optimism.
#YonhapInfomax #CHIPSAct #USDTreasuryYields #KoreanWon #Nvidia #KoreanETFs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66389 -
The Korean won weakens sharply as the dollar-won exchange rate breaks above the 1,380 level intraday, signaling heightened volatility in South Korea's currency markets.
#YonhapInfomax #DollarWon #ExchangeRate #KoreanWon #CurrencyMarkets #1380Level #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65630 -
Bank of Korea Governor Rhee Chang-yong signals that political risk for the Korean won has faded, but forecasts increased uncertainty in its future trajectory.
#YonhapInfomax #BankOfKorea #RheeChangYong #KoreanWon #PoliticalRisk #CurrencyForecast #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65366 -
Korean won struggles to appreciate despite favorable conditions, with dealers citing low growth, rate cut expectations, foreign investor outflows, and low-price buying as key factors constraining further strengthening.
#YonhapInfomax #KoreanWon #ExchangeRate #EconomicOutlook #ForeignInvestors #BankOfKorea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64185 -
Korean won gains prominence in global forex markets, driven by U.S. trade policies and exchange rate negotiations, sparking intense market reactions and reshaping currency dynamics.
#YonhapInfomax #KoreanWon #DollarWeakness #ExchangeRateNegotiations #AsianCurrencies #ForexMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63523 -
USD/KRW exchange rate surpasses key psychological level of 1,400 during intraday trading, signaling potential shift in currency market dynamics
#YonhapInfomax #USDKRWExchangeRate #CurrencyMarket #ForexTrading #KoreanWon #MarketMovement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61978 -
South Korean won strengthens against US dollar as market opens, with USD/KRW pair starting 25.30 won lower at 1,380.00, signaling potential shift in currency dynamics
#YonhapInfomax #USD/KRW #CurrencyMarket #KoreanWon #ExchangeRate #MarketOpening #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61914 -
Taiwan's financial regulator discusses impact of sharp New Taiwan dollar appreciation with life insurers, potentially affecting Korean won as Taiwanese insurers often use it as a proxy hedge.
#YonhapInfomax #TaiwanFinancialRegulator #NewTaiwanDollar #LifeInsurers #ExchangeRate #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61736 -
South Korean won strengthens against US dollar, reaching new annual low as USD/KRW exchange rate breaks below 1,410 level to 1,409.10
#YonhapInfomax #USD/KRWExchangeRate #AnnualLow #CurrencyMarket #KoreanWon #ForexTrading #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61606 -
USD/KRW exchange rate rises to 1,440 level amid global dollar strength, with market participants closely watching yuan movements and resistance levels
#YonhapInfomax #USDKRWExchangeRate #DollarStrength #YuanInfluence #ForexMarket #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60690 -
USD/KRW exchange rate shifts upward as global currency dynamics influence Korean won, reflecting broader market trends and economic indicators
#YonhapInfomax #USDKRWExchangeRate #DollarRebound #YuanWeakness #CurrencyMarkets #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60409 -
Dollar-won exchange rate rises on US-China trade optimism, but gains limited as dollar strength fades in Asian markets
#YonhapInfomax #DollarWonExchangeRate #USChinaTradeTensions #ForeignExchangeMarket #GlobalDollar #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59933 -
USD/KRW exchange rate opens sharply higher, reflecting market reaction to Trump's policy shift, signaling potential volatility in currency markets
#YonhapInfomax #USDKRWExchangeRate #CurrencyMarket #TrumpPolicyShift #MarketVolatility #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59899 -
FX swap points decline across various tenors as Korean won demand weakens, despite US dollar weakness, indicating heavy market sentiment in foreign currency funding.
#YonhapInfomax #FXSwapPoints #KoreanWon #ForeignCurrencyMarket #DollarWeakness #MarketSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59605 -
Korean won's real effective exchange rate index hits 89.3 in March, lowest since 2009, signaling deepening undervaluation amid global currency fluctuations and economic uncertainties.
#YonhapInfomax #KoreanWon #RealEffectiveExchangeRate #BIS #CurrencyUndervaluation #ExchangeRateIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59389 -
FX swap points remain stable despite US Treasury yield decline, influenced by market supply and demand factors and dollar outflows
#YonhapInfomax #FXSwapPoints #USTreasuryYields #DollarOutflows #KoreanWon #BankOfKorea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59221 -
BOK Governor Rhee Chang-yong states Korean won is undervalued, cites U.S. tariffs and political uncertainty as factors affecting exchange rates and monetary policy decisions
#YonhapInfomax #KoreanWon #ExchangeRate #BankOfKorea #MonetaryPolicy #EconomicFundamentals #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59145 -
South Korean won strengthens against US dollar, reaching new yearly low of 1,416.00 in regular trading, signaling potential shift in currency market dynamics
#YonhapInfomax #USDKRWExchangeRate #KoreanWon #CurrencyMarket #YearlyLow #RegularTradingSession #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59095 -
Dollar-won exchange rate falls amid global dollar weakness, dropping 23.40 won to 1,426.50, reaching lowest level since December 6 last year, as markets react to US-China tariff tensions and bargain hunting emerges.
#YonhapInfomax #DollarWonExchangeRate #GlobalDollarWeakness #USChinaTariffs #BargainHunting #KoreanWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58548 -
Korean won strengthens against US dollar, pushing USD/KRW exchange rate below 1,435 in after-hours trading, indicating potential shift in currency market dynamics
#YonhapInfomax #USDKRWExchangeRate #KoreanWon #CurrencyMarket #AfterHoursTrading #ForexMovement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58394 -
Korean won weakens against US dollar, reaching 1,480 level in London trading session, signaling potential market volatility and economic pressures
#YonhapInfomax #USDKRWExchangeRate #ForexMarket #KoreanWon #LondonTradingSession #CurrencyMovement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57763 -
USD-KRW exchange rate surges as Chinese yuan's significant depreciation impacts Korean won, reflecting heightened currency market volatility
#YonhapInfomax #USDKRWExchangeRate #YuanDepreciation #CurrencyMarket #KoreanWon #MarketVolatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57698 -
Dollar-won exchange rate surges 33.70 won amid US-China tariff tensions and recession fears, marking largest increase since March 2020
#YonhapInfomax #DollarWonExchangeRate #USChinaTariffWar #RecessionFears #KoreanWon #ForeignExchangeMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57549 -
Dollar-won exchange rate falls to late 1,430 won range after President Yoon's impeachment, with limited fluctuations amid market uncertainty and foreign selling pressure
#YonhapInfomax #DollarWonExchangeRate #PresidentialImpeachment #ForeignExchangeMarket #KoreanWon #MarketSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57261 -
South Korean won strengthens against US dollar, with USD/KRW exchange rate dropping over 20 won intraday to reach 1,446.10
#YonhapInfomax #USDKRWExchangeRate #KoreanWon #CurrencyMarket #ForexTrading #IntradayMovement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57181