South Korea Financial News

16.08 / 01:29

UPS BTC Telegram Police Bitcoin South Korean Police Arrest 312 in Crypto-powered Drug Trading Busts

South Korean police are stepping up their crackdown on crypto-powered drug trafficking, and have made 312 arrests in a wide-sweeping narcotics bust.

15.08 / 12:57

Manufacturing Pool DISH country Singapore allows restaurants to hire cooks from India to combat manpower shortage

Singapore has added cooks from India to its list of permissible hires, widening its recruitment pool for certain job positions in the services and manufacturing sectors. Traditionally, employers in Singapore's services and manufacturing sectors have primarily sourced work permit holders from China, Malaysia, Hong Kong, Macau, South Korea, and Taiwan. The Ministry of Manpower has recently unveiled the application process for cooks in Indian restaurants in the city-state.

15.08 / 08:17

Target Action Strategy performer track country Fast track action to remove non-tariff barriers key to realise trillion-dollar merchandise export goal: GTRI report

China and Japan, to achieve one trillion dollar outbound shipment target for goods by 2030, a report by think-tank GTRI said on Tuesday. The Global Trade Research Initiative (GTRI) has suggested a two-pronged strategy to mitigate the influence of NTBs on exports.

15.08 / 05:15

Provident Target COMPOSITE show Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike

Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again

14.08 / 14:43

UPS Manufacturing Racing BMW Intel country The Economic Losers in the New World Order

free trade, but are at a disadvantage in a new era of aggressive industrial policy. Industrialized nations such as the U.K. and Singapore lack the scale to compete against the biggest economic blocs in offering subsidies.

14.08 / 10:35

business Investments Google Anthropic AI raises $100m from South Korea to bolster telecommunications industry

Artificial intelligence (AI) developer Anthropic announced on Aug. 13 that it is receiving an additional $100 million in investment from the South Korean telecommunications giant SK Telecom.

14.08 / 09:47

UPS South Korea has had enough of being called an emerging market

14.08 / 04:27

UPS Lowe's Gap show country week Asia FX sinks, dollar hits five-week high as U.S. inflation rises

Investing.com-- Most Asian currencies sank on Monday, while the dollar rose to a five-week high as a stronger-than-expected U.S. inflation reading drove up fears that the Federal Reserve could keep raising interest rates.

14.08 / 02:27

Lowe's Reuters NIFTY SENSEX 6 things that changed for market overnight: Gift Nifty, FII selling to global market cues for Sensex today

Indian stock market is expected to open lower on Monday following weak global cues and is likely to consolidate further. Benign domestic macroeconomic data and outflow of foreign capital is likely to weigh on markets. Investors may react to June factory output growth slipping to a 3-month low, while trade cautiously ahead of other key economic data releases in this holiday-truncated week, including wholesale price index (WPI) and July retail inflation data, exports and imports numbers and forex reserves data.

14.08 / 02:27

UPS Manufacturing Action Mobile Shell North Korea's Kim Jong Un directs surge in missile production ahead of US-South Korea drills

AP, this action comes shortly before the commencement of the annual joint military exercises between South Korea and the US, exercises that North Korea perceives as practice for an invasion. Kim's efforts to increase weapons production coincide with U.S.

14.08 / 01:29

UPS Platform Mobile Shell performer North Korea's Kim Jong Un orders sharp increase in missile production, days before US-South Korea drills

Kim Jong Un made another inspection tour of major munitions factories and ordered a drastic increase in production of missiles and other weapons, state media said Monday, days before South Korea and the U.S. begin annual military drills that North Korea views as an invasion rehearsal. Kim's push to produce more weapons also comes as U.S.

13.08 / 18:13

UPS FIVE Aware Manufacturing Mobile Samsung electronic Samsung to get up to ₹600 cr as phone manufacturing PLI

NEW DELHI : The Union government is likely to disburse up to ₹600 crore to South Korea’s Samsung Electronics Co. Ltd for the first year under the production-linked incentive (PLI) scheme for mobile phone manufacturing, three people aware of the development said. This would be the largest payout ever under the scheme, the first in a series of similar schemes rolled out to incentivize domestic manufacturing.

13.08 / 03:03

UPS Provident MET Manufacturing Parke country coup Niger coup can blight Chinese investments in Africa’s Sahel region

Niger’s military officer and chief of presidential guard General Abdourahamane Tchiani carried out a coup and ousted President Mohamed Bazoum from power just a few days after China’s Ambassador to the West African country Jiang Feng met him to discuss building of an industrial park in the capital Niamey in what is a lesser-known fact. The proposed industrial park, it is said, will have a significant impact on sectors like food, manufacturing, mining, and real estate of Niger.

12.08 / 19:25

FIVE Ripple Waters Aware Hawkins show Threat Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

Western-backed maritime forces in the Middle East have warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized

12.08 / 17:19

UPS Progressive Ball Time India beat Malaysia 4-3 to win ACT for fourth time

Asian Champions Trophy hockey tournament for the fourth time here on Saturday. Malaysia were aggressive in the first half as the Indians found it difficult to restrict their opponent. India converted the first PC in the ninth minute, Jugraj scoring with a fierce flick to the right of the Malaysian goalie. The Indians got into their groove as the match progressed and played full-press hockey after the sluggish start. But Malaysia didn't sit back and continued to test the Indian defence. Their efforts bore fruit in the 14th minute when Abu Kamal Azari found the back of the net after being fed by Azuan Hasan from the right flank.

12.08 / 06:43

Provident Target FIVE SPY country What's behind the tentative US-Iran agreement involving prisoners and frozen funds

Iran reached a tentative agreement this week that will eventually see five detained Americans in Iran and an unknown number of Iranians imprisoned in the U.S. released from custody after billions of dollars in frozen Iranian assets are transferred from banks in South Korea to Qatar. The complex deal — which came together after months of indirect negotiations between U.S.

12.08 / 05:51

UPS Citi BLOCK Mobile social Chinese engine is sputtering: What China's stalling economy means for the world

China has been synonymous with relentless development and upward mobility. As its 1.4 billion people gained an appetite for the wares of the world — Hollywood movies, South Korean electronics, iron ore mined in Australia — the global economy was propelled by a seemingly inexhaustible engine. Now that engine is sputtering, posing alarming risks for Chinese households and economies around the planet.

12.08 / 02:45

UPS Lowe's Fox Manufacturing country squash Biden’s new tax could squash my family's can company

Sen. Josh Hawley, R-Mo., discusses the trade war with China and Democrats' 'ideological commitment.'

12.08 / 01:11

UPS CEO Platform scam Southern Jail S Korean Prosecutors Want to Jail $651m ‘Crypto Scammers’ for 12-15 Years

South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years.

11.08 / 08:57

COST UPS Coca-Cola Manufacturing country New SPC boss wants a fair go for his baked beans

The new boss of the company behind Ardmona canned tomatoes and Goulburn Valley fruit wants regulators to toughen up country-of-origin labelling so homegrown products can better compete with cheap imports that may have been made with poor labour practices.

11.08 / 05:13

Lowe's show country Asia FX weakens amid China fears, dollar strong after CPI

Investing.com-- Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S. consumer inflation grew as expected in July.

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