January 20, 2025 - 11:43

In a proactive move to safeguard its economy, South Korea announced on Monday a historic financing initiative aimed at supporting exporters in light of potential shifts in U.S. trade policies as Donald Trump prepares for his second term as president. The government has committed to providing a staggering 360 trillion won (approximately $247.74 billion) in policy financing to assist exporting companies through state-run banks and institutions throughout the year.
This significant financial support underscores South Korea's determination to mitigate any adverse effects stemming from changes in the U.S. trade landscape. In addition to the financing, the finance ministry revealed plans to enhance insurance support against foreign exchange fluctuations, increasing it to 1.4 trillion won from 1.2 trillion won in the previous year. Furthermore, the government will allocate 2.9 trillion won for various projects, including trade fairs and delegations, up from 2.1 trillion won, emphasizing its commitment to bolstering the export sector amidst uncertain global economic conditions.
February 12, 2026 - 06:01
Ex-Urban League CEO sues, alleges retaliatory firing after raising financial concernsThe former president and CEO of the Louisville Urban League has filed a lawsuit against the organization, claiming she was fired in retaliation for raising serious concerns about financial...
February 11, 2026 - 18:45
Outset Medical Reports Fourth Quarter and Full Year 2025 Financial ResultsSAN JOSE, Feb. 11, 2026 -- Outset Medical, a company focused on innovative dialysis technology, has released its financial results for the final quarter and the full year concluding on December 31,...
February 11, 2026 - 00:41
Ford's Electric Vehicle Ambitions Contribute to Quarterly Profit Miss and Annual LossAutomaker Ford reported its fourth-quarter financial results on Tuesday, falling short of analyst expectations. The company revealed a significant net loss for both the quarter and the entire...
February 10, 2026 - 04:37
Finance service desk and drive-thru at Appleton City Hall to reopen at normal locationAfter a temporary relocation, the City of Appleton`s finance service desk and drive-thru are set to reopen in their normal, primary location within the main City Hall lobby. The services had been...