City Seoul Financial News

11.02 / 23:45
security Legal Trade Bitcoin reports Courts 14 Suspected South Korean ‘Kimchi Premium’ Crypto Traders Cleared
South Korean prosecutors have suffered a blow in their efforts to shut down kimchi premium crypto traders – with 14 suspects cleared of wrongdoing.
29.01 / 06:23
markets UPS Action security blues reports week Marketmind: Asia stocks soar despite big week for risk
A look at the day ahead in European and global markets from Kevin Buckland
29.01 / 04:47
BLOCK Coinone Trade social South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023
South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year.
25.01 / 02:55
Waters Legal Courts South Korean ‘Crypto Drug Dealer’ Jailed for 7 Years
A South Korean court has sent a drug dealer who sold narcotics to crypto-paying “customers” to jail for seven years.
24.01 / 03:17
Reuters Landmark show information reports isolate testing North Korea fires cruise missiles off west coast, Seoul says
North Korea fired multiple cruise missiles towards the sea off its west coast on Wednesday, South Korea's Joint Chiefs of Staff said, in the latest sign of heightened tensions on the Korean peninsula. The missiles were fired at around 7 a.m. (2200 GMT on Tuesday) and the launches were being analysed by South Korean and U.S.
21.01 / 04:35
Cooper security Align country testing International North Korea stresses alignment with Russia against US and says Putin could visit at an 'early date'
North Korea said Sunday it has agreed to further strategic and tactical cooperation with Russia to establish a «new multi-polarised international order,» as the two countries work to build a united front in the face of their separate, intensifying tensions with the United States. In describing North Korean Foreign Minister Choe Son Hui's meetings with Russian President Vladimir Putin and Foreign Minster Sergey Lavrov in Moscow last week, the North's Foreign Ministry said Putin also reaffirmed his willingness to visit Pyongyang and said that could come at an «early date.» North Korea has been actively strengthening its ties with Russia, highlighted by leader Kim Jong Un's September visit to Russia for a summit with Putin.
18.01 / 10:35
markets Tax Bill Trade President Department South Korean Gov’t to ‘Completely Review’ Crypto Tax Law
The South Korean government says it will “completely re-examine” the “need” to tax crypto traders on their earnings.
18.01 / 07:25
Blockchain Assurant Bithumb Courts Former Bithumb Chairman Acquitted in $100M Fraud Case in Second Trial
The former chairman of Bithumb Holdings and Bithumb Korea, Lee Jeong-hoon, has been acquitted for the second time in the $100 million fraud case.
17.01 / 02:53
regulation Platform Trade Courts South Korean Bankruptcy Court Judge Calls for More Crypto Regulation
A South Korean bankruptcy court judge has called on the government to bolster regulation in the crypto industry, claiming investors need more protection.
16.01 / 19:23
Citi FIVE Airlines Parke Cathay Department Investigations Korean Air plane bumps another aircraft when towing tractor slips at a Japanese airport
A Japanese fire department says a Korean Air plane carrying 289 people hit a parked Cathay Pacific aircraft while being pushed by a vehicle from a parking spot at northern Japan’s New Chitose Airport
15.01 / 03:35
ETF regulation Election Experts Bitcoin Inside ‘No South Korea Bitcoin ETF Approval Before Elections,’ Say Experts
South Korean regulators will not give the green light to a domestic Bitcoin spot ETF before the nation’s next general elections, insiders claim.
15.01 / 02:33
security Remark stage country reports testing Interviews North Korea claims to have fired solid-fuel intermediate-range ballistic missile
North Korea on Monday said it successfully test-fired a solid-fuel intermediate-range ballistic missile (IRBM) carrying a hypersonic warhead on Sunday, Yonhap News Agency reported. In a bid to verify the warhead's gliding and manoeuvring capabilities and the reliability of newly developed multi-stage high-thrust solid-fuel engines, the missile loaded with a hypersonic manoeuvrable controlled warhead was launched on Sunday afternoon, Yonhap News Agency reported, citing Korean Central News Agency (KCNA).
10.01 / 01:23
Legal Investigations South Korean Ex-Police Officer Denies Crypto ‘Bribery’ Charges
The trial of a former South Korean police officer has begun in Gwangju. The ex-law enforcer denies taking bribes during a suspected crypto fraud investigation.
08.01 / 12:48
UPS Aviat Airlines Boeing cover Investigations US investigators retrieve 737 MAX jet panel, Boeing shares sink
By Lisa Barrington, Joanna Plucinska and David Shepardson
07.01 / 19:23
Remark reports Will respond to provocation: North Korea warns Seoul
North Korea has threatened an immediate military strike against South Korea in response to any «provocation». Kim Yo Jong, the powerful sister and key ally of leader Kim Jong Un, made the threat on Sunday, as Pyongyang reportedly fired artillery shells near its border with South Korea for the third day in a row.
06.01 / 13:02
Citizens Action SPY War country peace North Korea fired over 60 rounds of artillery near sea border: South Korea
North Korea's shells landed in a buffer zone created under a 2018 tension-reducing deal, which fell apart in November after the North launched a spy satellite. Seoul's military said Saturday that "the repeated artillery fire within the prohibited hostile act zone by North Korea poses a threat to the peace on the Korean Peninsula and escalates tensions". They issued "a strong warning", and urged North Korea to immediately stop such actions.
05.01 / 17:12
markets Airlines economy Nikkei show reports Commentary Stock market today: Asian shares mostly decline after mixed Wall Street finish
Asian shares are mostly lower after a mixed finish on Wall Street, although export-related Tokyo stocks got a boost from a strengthening dollar

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