South Korea Financial News

Investing.com-- Most Asian stocks rose further on Friday, capping off a positive week on signs of cooling U.S. inflation, with focus now turning to upcoming data offering more cues on the Chinese economy. 

inflation data reinforced hopes that the Federal Reserve is approaching an interest-rate peak. In the US, data showed the producer price index climbed 0.1% in June, its smallest year-on-year gain since August 2020 and followed a 0.9% increase in May. A separate report showed initial claims for state jobless benefits dropped 12,000 to a seasonally adjusted 237,000 for the week ended July 8, but overall the labor market remains tight.

Upbit, South Korea’s biggest crypto exchange, has published a full, translated text of the EU’s MiCA crypto regulation laws, a suggestion that Europe’s new rules could be impacting other nations.

The South Korean president is in Poland for two days of talks and meetings on global security, the war in neighboring Ukraine, and developing bilateral business and defense ties

Kim Jong Un personally oversaw the successful test of the country's newest intercontinental ballistic missile, state media reported Thursday, days after Pyongyang threatened to down any US spy planes that enter its airspace. A beaming Kim, wearing a white suit and flanked by his wife and key aides, was shown in state media images applauding enthusiastically after the launch of the solid-fuel Hwasong-18 on Wednesday. The ICBM, which North Korea has fired only once before, in April, flew 1,001 kilometres at a maximum altitude of 6,648 km before splashing into the East Sea, also known as the Sea of Japan, the official Korean Central News Agency reported.

India’s consumer price index (CPI) inflation rose for the first time in five months to 4.81% in June 2023, which was higher than the street's expectations of 4.58%. The inflation came in at 4.81% versus 4.31% in May 2023 and 7.01% in June last year. Market will also take cues from the corporate earnings for the quarter ended June 2023 with IT major Wipro to announce its results later today.  Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 13th July Japan’s Nikkei 225 rose 0.36%, while the Topix gained marginally.

United States Sens. Cynthia Lummis and Kirsten Gillibrand will reintroduce legislation aimed at establishing a comprehensive regulatory framework for digital assets.

latest telecom technology that is being rolled out across the globe. While some countries like South Korea are nearing the 50% mark of 5G availability, others like Indonesia are just starting out.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

South Korean firms that hold or issue cryptocurrencies will be required to disclose information about their transactions to the financial regulator starting next year.

The South Korean government is continuing to develop tighter regulations targeting the cryptocurrency industry with the introduction of new asset disclosure rules.

a heat map for defence stocks. So, are defence stocks in Indiacurrently overvalued? To understand this, let's take a look at Israel. When the state of Israel was founded, the country desperately needed trading partners.

According to Global Firepower, a prominent data website specializing in defence-related information, the United States possesses the most powerful military force worldwide. Russia and China follow closely in second and third place, respectively, while India secures the fourth position.

Most of the expats find Mexico as their most favoured destination, followed by Spain, Panama, Malaysia, and Taiwan, according to a recent survey by InterNations, titled as ‘Expats Insider 2023’. On the other hand, Germany, South Korea, Turkey, Norway, and Kuwait appeared as the worst places for expats in the survey. India stood at 36th position in the index containing 53 nations.

The European Commission has tipped “extended reality” — technology that enables people to interact with virtual worlds — will create as many as 860,000 jobs in Europe by 2025. 

North Korea on Wednesday fired an unspecified ballistic missile towards the East Sea, Yonhap news agency reported citing the South Korean military. South Korea's Joint Chiefs of Staff announced that it detected the ballistic missile launch.

Kim Yo Jong, North Korean leader Kim Jong Un's sister and a key ruling party official, in a press statement said, "In case of repeated illegal intrusion, the US forces will experience a very critical flight." She also claimed that South Korea had again impudently taken the lead in denying the encroachment on North Korea's sovereignty and still the nation assert that it was a "normal flight of the 'ROK' and the US." The Pentagon earlier brushed aside Pyongyang's accusations of airspace violations and said the US military had adhered to international law, reported KCNA. "The United States, as always, remains committed to safely and responsibly flying, sailing, and operating anywhere that international law allows and alongside our allies and partners," Sabrina Singh, Deputy Pentagon Press Secretary said in a media briefing.

inflation data from India and the US to be released later today. US stock futures were little changed in early Asian trade, while Japanese and South Korean markets fell. Investors await the inflation data for further cues on the outlook for interest rates in the US and India.

Reuters reported. The statement, released on Tuesday, stated that China rejects the references to China in NATO's joint communique from the summit held in Vilnius, Lithuania. It further emphasized China's commitment to firmly protect its sovereignty, security, and development interests.

According to Invesco's 'Global Sovereign Asset Man... moreAccording to Invesco's 'Global Sovereign Asset Management Study', India has overtaken China as the most attractive emerging market for investments.

South Korean opposition lawmakers have sharply criticized the head of the United Nations’ nuclear watchdog for its approval of Japanese plans to release treated wastewater from the damaged Fukushima nuclear power plant