Editions
The edition, every week it matters.
Week of 20–26 July 2026 · No. 2 · 5 items
The won just closed Korea's cheap window.
For most of this year, foreign funds could buy Korean assets at a discount, because the won was weak. This week that discount started to disappear. The won got stronger, exports hit another record, and the funds that spent the first half buying Korea cheaply now have to pay more. The story is not slowing down. The window to get in early is just getting more expensive. The capital is ready and the targets are known. What is changing is the price of moving first.
Week of 15–21 June 2026 · No. 1 · 5 items
A cheaper won just opened a window on Korea
If you are looking at Korea for a deal, this was a week worth reading closely. The won fell into the 1,520 range, the central bank now expects a record current account surplus, and Korea is about to pass Japan as the world’s fifth-largest exporter. Strong economy, cheap currency. In 17 years here I have rarely seen the two arrive together, and the people it favors are the ones holding euros and looking to buy.