Cynthia Kim

Seoul

Senior Correspondent at Reuters

Reuters Senior Economics Correspondent, Seoul

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Articles

BOK chief says he is not against won-based stablecoins but has forex concerns

1 week ago | kfgo.com | Cynthia Kim |Jihoon Lee

By Cynthia Kim and Jihoon LeeSEOUL (Reuters) -South Korea’s central bank governor said on Wednesday he was not against issuing won-denominated stablecoins but had concerns about managing capital flows. “Issuing won-based stablecoin could make it easier to exchange them with dollar stablecoin rather than working to reduce use of dollar stablecoin. That in turn could increase demand for dollar stablecoin and make it difficult for us to manage forex,” Rhee Chang-yong told a press conference in Seoul.
S Korea’s new leader to seek more time for US trade talks

2 weeks ago | gulf-times.com | Jihoon Lee |Cynthia Kim

Opinion * Seoul to take wait-and-see stance on trade talks: sources * Open to extending deadline, unlikely to ask from the start * Japan, China considered references for bargaining power * S Korea better positioned than peers for favourable deal
アングル：韓国新政権、米通商交渉で日中の出方注視政権移行で「時間稼ぎ」

3 weeks ago | jp.reuters.com | Jihoon Lee |Hyunjoo Jin |Cynthia Kim

韓国で６月４日、革新系最大野党「共に民主党」の李在明・前代表が大統領に就任した。米国との貿易協議において新政権は隣国である日本と中国の出方をにらみつつ、交渉上の優位性を確保するための時間稼ぎを図るとみられる。写真は同日、ソウル駅で李大統領の映ったテレビ画面を見る男性（２０２５年ロイター/Go） [ソウル４日ロイター] - 韓国で４日、革新系最大野党「共に民主党」の李在明・前代表が大統領に就任した。与党の事情に詳しい複数の関係者によると、米国との貿易協議において新政権は隣国である日本と中国の出方をにらみつつ、交渉上の優位性を確保するための時間稼ぎを図るとみられる。韓国では通常２カ月の政権移行期間が設けられるが、李氏は４日未明に選挙管理委員会によって大統領として正式に承認されると、直ちに大統領権限と最高司令官権限を引き継いだ。同氏は選挙前夜、「最も差し迫った課題は米国との通商交渉だ」と述べていた。韓国の輸出依存型経済の行方は、李氏がどのような通商合意を取りまとめられるかにかかっている。半導体、自動車、造船といった主要産業は、いずれも国際貿易の動向に大きく左右される。...
Analysis-South Korea’s new leader to seek more time for US trade talks

3 weeks ago | wimz.com | Jihoon Lee |Cynthia Kim

By Jihoon Lee and Cynthia KimSEOUL (Reuters) -The new South Korean administration will likely make efforts to buy time for U.S. trade talks, as it studies the negotiations of bigger neighbours Japan and China for leverage, according to sources familiar with the ruling party’s thinking.
South Korea's new leader to seek more time for US trade talks

3 weeks ago | reuters.com | Jihoon Lee |Hyunjoo Jin |Cynthia Kim

Lee Jae-myung delivers his speech during a national convention of South Korea's Democratic Party to choose their candidate for upcoming presidential election, in Goyang, South Korea, April 27, 2025.
Christopher Waller sigue abierto a recortes en los tipos de interés de la Fed este año

3 weeks ago | lanacion.com.ar | Michael S. Derby |Cynthia Kim

By Michael S. Derby, Cynthia Kim2 jun (Reuters) - El gobernador de la Reserva Federal Christopher Waller dijo el lunes que los recortes de los tipos de interés siguen siendo posibles este año, a pesar de que es probable que los aranceles del Gobierno de Trump hagan subir temporalmente las presiones sobre los precios.
Fed's Waller still open to cutting interest rates later this year

3 weeks ago | zawya.com | Michael S. Derby |Cynthia Kim

Federal Reserve Governor Christopher Waller said on Monday that interest rate cuts remain possible later this year even with the Trump administration's tariffs likely to push up price pressures temporarily. Given that a rise in inflation pressures tied to President Donald Trump’s import tax increases is unlikely to be persistent, "I support looking through any tariff effects on near term-inflation when setting the policy rate," Waller told a gathering in Seoul, South Korea.
Wave of anger could sweep liberals to victory in South Korea election

3 weeks ago | nst.com.my | Cynthia Kim

WHEN then-President Yoon Suk Yeol's martial law decree plunged South Korea into chaos, it plummeted sales at Park Myung-Ja's diner in Jechon and became a turning point for many voters in the town. The 66-year-old chef and restaurant owner is one face of South Korea's North Chungcheong Province, a swing region that has become even more pivotal at a time of deep political polarisation in Asia's fourth-largest economy.
アングル：韓国大統領選、有権者の憤りが革新系野党の李氏を押し上げも

3 weeks ago | jp.reuters.com | Cynthia Kim

韓国の尹錫悦前大統領が出した戒厳令が国内を混乱に陥れた時、忠清北道北部の人口約１３万人の都市、堤川市にあるパク・ミョンジャさん（６６）の食堂の売り上げは激減し、市内の多くの有権者にとっての転換点となった。写真は期日前投票を行う人々。仁川国際空港の投票所で５月撮影（２０２５年ロイター/Kim Hong-Ji） [堤川（韓国）２日ロイター] - 韓国の尹錫悦前大統領が出した戒厳令が国内を混乱に陥れた時、忠清北道北部の人口約１３万人の都市、堤川市にあるパク・ミョンジャさん（６６）の食堂の売り上げは激減し、市内の多くの有権者にとっての転換点となった。アジア４番目の経済大国の韓国で政治的な分断が深まっている今、６月３日の大統領選を控えて激戦地域の忠清北道は一段と重要な地域となっている。パクさんは「戒厳令のようなドラマから遠ざかり、物事を元通りにする必要がある」とし、革新系野党「共に民主党」の李在明候補ならば「その点では問題なさそうだ」と指摘した。...
South Korea delivers dovish cut ahead of snap election

1 month ago | wimz.com | Cynthia Kim |Jihoon Lee

By Cynthia Kim and Jihoon LeeSEOUL (Reuters) -South Korea’s central bank cut interest rates for a fourth time in its current easing cycle on Thursday to support an economic recovery clouded by U.S. tariffs, just days ahead of a presidential election in Asia’s fourth-largest economy. The Bank of Korea lowered its benchmark interest rate to 2.50%, as expected, and almost halved this year’s economic outlook to 0.8% on Thursday.