Tuesday, February 17, 2026

economy

South Korea Backs Won-Based Stablecoins

South Korea is racing to launch won-based stablecoins, energizing its crypto sector under President Lee Jae-Myung’s leadership. President Lee’s election has stirred rapid support...

FAO Appoints New Mongolia Rep

The Food and Agriculture Organization (FAO) appointed Dr. Qingyun Diao as its new representative in Mongolia. The Mongolian government supported this choice, marking strong...

Kospi rally reflects Lee’s election win

South Korea’s financial markets started the day on a strong note as the Kospi surged past 2,770. The Kospi rally reflects growing confidence in...

Korea Confronts Economic Headwinds

Korea confronts economic headwinds as its new president steps into office during a time of deep uncertainty. Currently, the economy shows persistent weakness across...

Precious Metal Purchases Drop in May, Says Bank of Mongolia

The Bank of Mongolia's precious metal purchases declined in May 2025, signaling a continued slowdown in national metal acquisitions. The central bank bought 1,014.3 kilograms of...

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