South Korea Financial News

25.08 / 08:05

UPS Provident awards country cover exclusive HDFC Bank launches India's first co-brand hotel credit card with Marriott Bonvoy. Know about the benefits

The co-branded credit-card aims to become one of the most rewarding travel cards in India. Users can avail the benefits offered by both the brands with this credit card. They will also get benefits such as priority late checkout, exclusive member rates, Marriott Bonvoy bonus points and much more.

25.08 / 06:39

Lowe's BLOCK Gap show track Asia FX dips, dollar at over 2-mth high with Powell in focus

Investing.com — Most Asian currencies fell on Friday, while the dollar surged to two-month peaks as markets hunkered down ahead of more signals on monetary policy from the Jackson Hole Symposium.

25.08 / 06:19

UPS CBDC Digital Progressive Platform South Korean Central Bank Set to Unveil CBDC ‘Blueprint’ Next Month

The South Korean central bank, the Bank of Korea (BOK), is set to showcase a “blueprint” for its CBDC in September as the nation looks to speed up the progress of its digital KRW.

25.08 / 02:53

Disney NIFTY SENSEX NVIDIA track 5 things that changed for market overnight: Gift Nifty, Jerome Powell’s speech to global market cues for Sensex today

Indian stock market is expected to open lower on Friday tracking losses in global peers amid a rise in US Treasury yields as traders await Federal Chairman Reserve Jerome Powell’s speech for clues on the interest rate outlook. Asian markets traded lower, while US stocks ended in the red on Thursday as investors sentiment turned cautious. On Thursday, the Indian benchmark equity indices, Sensex and Nifty, closed lower on profit booking in shares of select heavyweights.

25.08 / 01:09

Citi Legal South Korean Crypto Murder Case Takes New Twist – Suspect: ‘My Confession Was False’

A bizarre South Korean crypto-related murder case has taken a new twist, with one of the chief suspects telling a court his initial confession was “false.”

24.08 / 16:30

UPS Citi Waters Banner show country In Japan's neighbors, fear and frustration are shared over radioactive water release

Public fears and frustrations are being shared in Japan's neighboring countries about the release of treated radioactive wastewater from a crippled nuclear power plant

24.08 / 16:29

UPS Provident Waters Pool show country Inside China bans seafood from Japan after the Fukushima nuclear plant begins its wastewater release

Japan’s tsunami-wrecked nuclear power plant in Fukushima is releasing its first batch of treated radioactive water into the Pacific Ocean

24.08 / 11:07

UPS ETH BTC Ripple XRP SEC show Gen Z Time XRP Price Prediction as New Report Shows XRP is More Popular Than BTC and ETH Among Gen Z in South Korea – Time to Buy?

The XRP price has increased by 0.5% in the past 24 hours, reaching $0.523148 as the cryptocurrency market as a whole made a small recover today after recent losses.

24.08 / 09:01

UPS Waters Pool HANS Japan releases radioactive water from Fukushima plant into Pacific; China imposes blanket ban seafood imports

agricultural products exported to China, according to a statement from Chinese customs officials. South Korea's Prime Minister, Han Duck-soo, announced that import bans on Fukushima fisheries and food products would persist until public concerns were alleviated.

24.08 / 06:03

ChatGPT generative AI Naver Corp unveils South Korea's answer to ChatGPT and generative AI

South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot which is aimed at Korean-language users.

24.08 / 05:35

UPS Waters Pool show cover The Fukushima nuclear plant begins releasing radioactive wastewater into the sea

Fukushima Daiichi nuclear power plant says it has begun releasing its first batch of treated radioactive water into the Pacific Ocean — a controversial step, but a milestone for Japan's battle with the growing radioactive water stockpile. In a live video from a control room at the plant Thursday, Tokyo Electric Power Company Holdings showed a staff member turn on a seawater pump, marking the beginning of the controversial project that is expected to last for decades. «Seawater Pump A activated,» the main operator said, confirming the release was underway. TEPCO later confirmed that the seawater pump was activated at 1:03 p.m.

24.08 / 01:59

COMPOSITE NIFTY SENSEX NVIDIA Nikkei 6 things that changed for market overnight: Gift Nifty, Nvidia share rally to global market cues for Sensex today

Indian stock market is expected to open higher on Thursday following a rally in global peers. Asian shares gained in the morning trade, while US stock ended higher overnight on renewed hopes that central banks will pause their interest rate hikes after weak economic data. On the domestic front, the Indian equity market rallied on Wednesday with the benchmark Nifty closing above 19,400 level.

23.08 / 19:11

country Steel companies raise concern over imports from South Korea, China

South Korea and China saying the consequent lowering of prices is hurting local producers. Imports of steel products from China surged during the first quarter of this financial year, even as South Korea remained the highest steel exporter to India despite a year-on-year decline in shipments. «A sharp rise in imports of finished steel was recorded in the first quarter of the current financial year. The surge in imports, driven by countries with free trade agreements, as well as China, is eating into domestic demand,» Ranjan Dhar, chief marketing officer, ArcelorMittal Nippon Steel, told ET. Imports of steel products in April-June stood at 2.23 million tonnes, 31% more than 1.70 mt a year ago.

23.08 / 18:25

Blockchain BTC Binance Actor Bitcoin Warning lazarus FBI Warning: North Korean Hacker Groups Lazarus and APT38 May Cash Out Stolen BTC Worth $40 Million

The US Federal Bureau of Investigations (FBI) alerted crypto firms on Tuesday, that North Korean hackers may soon attempt to cash out stolen Bitcoin worth over $40 million.

23.08 / 13:57

Ethereum Altcoin Bitcoin GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report

GenZ cryptocurrency investors in South Korea are reportedly more keen to invest in altcoins, specifically Ripple (XRP) than Bitcoin (BTC) and Ethereum (ETH), according to a local South Korean news outlet.

23.08 / 11:01

Adoption Metaverse K-Pop Superstars Blackpink Launch Metaverse Experience in Roblox – Is The Metaverse Making a Comeback?

K-pop giant Blackpink is set to go live on the popular Roblox gaming platform with a new immersive experience for Blinks, the group's fans.

23.08 / 06:07

Provident Software Samsung Simulation This is how Samsung wants to convert iPhones into its Galaxy Z Fold devices...

Try Galaxy app, developed by the South Korean tech giant, enables users to replicate the usage experience of Samsung's Galaxy Z Fold by placing two iPhones next to each other. It is accessible on Android phones as well. However, Samsung has now extended the compatibility of the Try Galaxy app to include iPhones.

23.08 / 02:47

Action Airlines film country Inside exclusive plane North Korean plane takes off from Beijing in a sign Pyongyang is opening borders post-pandemic

A North Korean commercial flight has taken off from Beijing in a sign that Pyongyang is its opening its borders again after almost three years of severe COVID-19 restrictions

22.08 / 21:31

Remark Instagram Persona band Stray Kids' Felix becomes Louis Vuitton's house ambassador: Here’s what you may want to know

Louis Vuitton has welcomed yet another talented face into its fold. On the 22nd of August, the renowned fashion brand revealed that Felix, a standout member of Stray Kids, is now proudly stepping into the role of their newest house ambassador. Nicolas Ghesquière, the artistic director of women’s collections at Louis Vuitton, expressed his excitement about this partnership. Ghesquière's introduction to Felix occurred during the unveiling of his Prefall collection in Seoul, a moment that sparked an instantaneous connection.

22.08 / 20:33

UPS Waters Parke country Fukushima nuclear plant will start releasing treated radioactive water to sea as early as Thursday

The Japanese government says treated and diluted radioactive wastewater from the Fukushima Daiichi nuclear power plant will be released into the ocean as early as Thursday

22.08 / 13:11

Tax Assets tax evasion New Report Suggests About 8,000 Korean Residents May Lose Digital Assets Over Tax Evasion

Financial regulators in the South Korean city of Cheongju are set to confiscate digital assets from local tax evaders.

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