South Korea Financial News

The XRP trial ruling may reportedly negatively impact South Korean prosecutors’ bid to convict Do Kwon and Terraform Labs of fraud and securities violations, but officials claim otherwise.

SEOUL (Reuters) — South Korea's jobless rate climbed in July for a second month and hit the highest since January, official data showed on Wednesday.

Colombia in the quarter-finals. The Lionesses managed to secure their spot in the quarter-finals after a tense penalty shootout against Nigeria in the last-16 match. Despite the late-game sending off of Lauren James, the team emerged victorious. However, this red card has left them potentially shorthanded for the remainder of the tournament. Still, the European champions have consistently demonstrated remarkable determination and resilience in this competition, positioning themselves as strong contenders for victory leading up to this match. Colombia, on the other hand, has emerged as the unexpected revelation of the World Cup, reaching this stage for the first time in their history. Boasting a well-balanced combination of young talents and seasoned players, the South American team had already triumphed over Germany and South Korea, securing their place in the quarter-finals with a close victory against Jamaica in the last-16 round.

Pakistan in a high-voltage last round-robin league match of the Asian Champions Trophy here on Wednesday. There has been complete contrast in the overall performance of both the sides in the tournament so far. While the hosts are unbeaten in the four games they played so far, Pakistan have managed only a win along with a couple of draws and a loss and their semifinal hopes depend on the result of this vital clash. A win for Pakistan will guarantee them a spot in the last four stage, but a defeat would leave their fate on the result of the match between China and Japan. If Pakistan lose on Wednesday, they will hope for China to upset Japan. In case Japan wins, the victory of margin should be lesser. Besides Pakistan would also hope for Malaysia to beat South Korea by a big margin, which would benefit the Men in Green. With three wins and a draw, India are atop the table with 10 points, followed by Malaysia (9 points), South Korea (5), Pakistan (5), Japan (2) and China (1).

Mask Girl" is set to captivate audiences as it makes its way to Netflix in August 2023. This South Korean Netflix Original thriller TV series, directed by Kim Yong Hoon, is an adaptation of the popular Korean webtoon of the same name. The highly anticipated release date has been confirmed, and fans can expect this enthralling K-drama to grace their screens this August.

Japanese technology company SoftBank Group continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn

Bitstamp, one of the world’s longest-running cryptocurrency exchanges, is moving forward with its global expansion ambitions, reportedly working to raise new funds to scale operations.

There are two matches to be held on August 8: Colombia vs Jamaica and France vs Morocco. Let’s have a look at both of them. Colombia entered the Round of 16 with two wins, one against South Korea and the other against the mighty Germany.

BTS, another member of the internationally renowned group has embarked on the journey of fulfilling South Korea's mandatory military service requirement. The management agency of BTS, HYBE, announced this significant step on Monday, underscoring the continuing commitment of the band's members to their civic duty.

Mazda Motor Corp will suspend production at its two domestic plants on Wednesday and Thursday, the carmaker said on Monday as reported by Reuters. Moreover, Shinkansen, or high-speed train, service may also be suspended between the Hakata and Osaka stations from Wednesday night until Thursday morning, the West Japan Railway Co said.

inflation data on Wednesday. In Japan, official data showed the country’s household spending fell 4.2% YoY in June, compared with 4% in May, remaining in negative territory for the fourth straight month. In the US, the latest consumer price report will be released on Thursday, which is expected to offer clues about the Federal Reserve’s monetary policy path.

India prevailed over defending champions South Korea 3-2 in their fourth round-robin fixture of the Asian Champions Trophy here on Monday, maintaining their unbeaten run in the continental hockey tournament. Even before the action got underway at the Mayor Radhakrishnan Hockey Stadium, India had sealed their place in the semi-finals, following Japan's loss to Malaysia earlier in the day. Both teams began the match on a fast-paced note, playing mainly possession-based hockey.

Credit Suisse in Hong Kong is likely to be laid off this week, as part of the bank's integration with UBS Group, Reuters reported on Monday. Only 20 bankers out of the 100-strong investment banking team will be spared from the cuts, the Reuters report said, citing sources familiar with the matter. Hong Kong houses the largest share of Credit Suisse's investment bankers in Asia.

economic activity. For example, the disruption to French imports during the Napoleonic blockade stimulated French industrialization in mechanized cotton spinning long after the end of the Napoleonic wars. These results are consistent with what proponents of nurturing infant industries argue.

Kalgoorlie | Liontown Resources has won backing from a coalition of government finance agencies in Australia, South Korea and the US to bridge a $300 million funding shortfall for its flagship lithium project in Western Australia.

unemployment rate was at a historically low level of 3.5%, below June’s 3.6% figure. MSCI’s broadest index of Asia-Pacific shares outside Japan traded little lower. The index lost 2.3% last week.

₹24,470 crore. The railways has set an internal target of one-and-a-half years to two years to complete the projects. Speaking through videoconference, the prime minister said that the redevelopment project will represent a huge boost for infrastructure development in the country.

GoI the benefit of the doubt. While upholding the letter of multilateral and bilateral agreements, the plan was, we argued, to push vendors to switch to China Plus One options quickly. Now, with the follow-up announcement that FTA partners like Japan and South Korea will not be spared, the whole import licensing issue shows up India in poor light, especially to its trading partners.

suggested a report in the South China Morning Post. According to the report, China was recently seen as catching up quickly with global suppliers in the field of advanced 3D NAND flash and DRAM memory chips, but not anymore.

Narendra Modi laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing on Sunday. Redeveloped at a cost of more than ₹24,470 crore, the 508 stations are spread across 27 states and union territories, including 55 each in Uttar Pradesh and Rajasthan, 49 in Bihar, 44 in Maharashtra and 37 in West Bengal. The railways has set an internal target of one-and-a-half years to two years to complete the projects.

free trade agreements (FTAs) such as Japan, South Korea and Asean. This will ensure there is no circumvention of the restrictions kicking in on November 1 through the treaty route. India said on Thursday that imports of these electronic goods that have been free until October 31 will require a licence.