South Korea Financial News

Global shares are mostly trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings

South Korea’s parliamentary ethics subcommittee has voted down a motion to expel Kim Nam-kuk, a former member of the main opposition Democratic Party.

Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.

electric vehicle batteries, the company said in an official statement. Earlier in May this year, Hyundai Motor Co announced to investment of around 2 trillion won ($1.51 billion) in Ulsan, South Korea to build a designated electric vehicle (EV) factory.

Asian shares are trading higher, boosted by a Wall Street rally that came on positive reports on consumer confidence and job openings

Shah Rukh Khan-starrer Pathaan will release in Japan on 1 September. When released in India this January, it had made over Rs. 543 crore in domestic box office collections, emerging as the highest grossing original Hindi film till date.

reliance on China and Taiwan. Following his participation in the inaugural Republican primary debate, where his popularity saw a notable upswing, Ramaswamy articulated his foreign policy stance and proposed strategies on Tuesday. Ramaswamy criticized Nikki Haley, a fellow Indian American Republican presidential candidate, who had previously criticized him for his lack of experience in matters of foreign policy.

New Delhi: As the monsoon trough continues to run along the foothills of the Himalayas, the India Meteorological Department (IMD) has predicted heavy rainfall over Northeast India and the extreme Southern Peninsular region. However, this may not make a significant improvement as far as rainfall distribution is concerned, meteorologists said.

New Delhi: The India Meteorological Department (IMD) has forecast persistent heavy rainfall in northeast India and the extreme South Peninsula, even as concerns grow over the uneven spatial distribution of this year's monsoon, meteorologists said. Heavy isolated rainfall is likely over Arunachal Pradesh today; in Assam and Meghalaya from Thursday to Saturday and over Nagaland, Manipur, Mizoram and Tripura for the next five days.

Asian shares are mostly rising as markets shift their attention from the U.S. Federal Reserve to earnings and economic reports

Investing.com--  Most Asian currencies strengthened on Tuesday, while the dollar retreated from near three-month highs as investors trimmed some positions before a slew of key economic readings this week. 

Japanese Prime Minister Fumio Kishida has asked China to urge its citizens to halt acts of harassment, including crank calls and stone throwing at Japanese diplomatic facilities and schools, in response to Japan's release of treated radioactive wastewa...

Kim Jong Un called for his military to be constantly ready for combat to thwart plots to invade his country, as he accused the U.S. of conducting «more frantic» naval drills with its allies near North Korea, state media reported Tuesday. The U.S. and South Korean militaries are holding joint summer exercises that North Korea views as an invasion rehearsal.

Indian stock market is expected to open on a strong footing Tuesday led by positive global cues as Asian markets traded higher, while the US stocks also gained overnight. Investors await the release of key economic data this week that will guide the market going ahead. On Monday, the domestic benchmark equity indices Sensex and Nifty ended higher, snapping two-day losing streak, amid largely positive global cues after China announced steps to give a boost to its market.

Iran has summoned a Swiss diplomat over the apparent U.S. seizure of Iranian crude oil from a ship that sat for months off Texas

Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant are mixed amid uncertainty about how consumers may respond a day after treated and diluted radioactive wastewater began to be released into the sea

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South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September. 

free trade in the belief that it would liberalize China. But Biden maintained much of his predecessor’s tough policies toward Beijing. Tariffs remained in place.

North Korea has apparently decided to reopen its border after more than three years of its tight virus curbs largely due to economic challenges from the closure, South Korea's Unification Ministry said on Monday. North Korea said Sunday it has allowed its citizens abroad to return home amid eased concerns about the Covid-19 pandemic and will put them under quarantine for a week, reports Yonhap News Agency. The decision marked the secretive regime making official the reopening of its border. «Due to its border closure, North Korea is presumed to have faced various economic difficulties, and there were probably many inconveniences as personnel exchanges were blocked,» Koo Byoung-sam, a spokesperson at the Ministry, told a regular press briefing. Still, the Ministry viewed the North's latest move as «limited border reopening,» as the North has only approved the return of its nationals abroad, without mentioning when it will allow entry by foreigners. With the latest decision, more North Korean diplomats, labourers and students staying in foreign nations are expected to return. There are also concerns that North Korean defectors in China could be forcibly repatriated to the North. The Unification Ministry voiced «grave concerns» about the possible repatriation of North Korean defectors who were arrested and detained in China. «We'd like to stress once again that such defectors should not be forcibly sent back to the North against their will.

Investing.com-- Most Asian currencies moved little on Monday as markets weighed hawkish yet somewhat reiterative comments on monetary policy from the Federal Reserve, while the dollar retained recent gains and came close to a three-month high.