Hooyeon Kim - Profile and Journalist Details
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Hooyeon Kim
Verified
News Reporter, Bloomberg News
Beats
Internet Culture , Pop Culture, Fashion , Music, Social Justice, Race
Content
By Youkyung Lee Verified, Hooyeon Kim Verified| Bloomberg News Verified South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law. The Korean won will be the main focus for traders, after its heavy losses during the country’s recent political chaos. The currency has lost more than 2% against the greenback since President Yoon stunned markets on Dec. 3 by imposing — and quickly reversing — martial law.
By Hooyeon Kim Verified, Sohee Kim Verified| Bloomberg News Verified South Korea’s central bank vowed to stabilize financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk Yeol.
By Youkyung Lee Verified, Hooyeon Kim Verified| Bloomberg News Verified South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law. The Korean won will be the main focus for traders, after its heavy losses during the country’s recent political chaos. The currency has lost more than 2% against the greenback since President Yoon stunned markets on Dec. 3 by imposing — and quickly reversing — martial law.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
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Founded: 1981