South Korea Financial News
25.09 / 05:17
Election
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Delegation of diplomats visiting Kashmir to witness elections
Kashmir on Wednesday to witness the ongoing assembly elections. The delegation comprised diplomats from Delhi-based missions of the US, Mexico, Guyana, South Korea, Somalia, Panama, Singapore, Nigeria, Spain, South Africa, Norway, Tanzania, Rwanda, Algeria and the Philippines, people familiar with the matter said. Most of the embassies are represented by their Charge d'affaires and deputy chief of missions, they said. Others are represented by political officers at minister-counselor and counselor ranks.
25.09 / 01:41
markets
Analysis
economy
Trade
2020
testing
China stocks rally tested after stimulus-led gains: Markets wrap
Asian shares gained for a fifth day as a rally sparked by support measures from Beijing continued, while US stocks set fresh highs, with investors preparing for further rate cuts. Equity benchmarks rose in South Korea and Australia, while those for Japan were mixed after the yen strengthened against the dollar in the prior two sessions. The Golden Dragon index of US-listed Chinese companies rallied 9.1% in New York trading on Tuesday. The moves follow the best day since 2020 for a gauge of mainland equities after China unveiled a sweeping stimulus package to support the economy and financial markets.
24.09 / 12:21
markets
coinbase
security
information
reports
Features
International
Upbit to Store User Data on AWS Servers Starting October 1
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
24.09 / 07:55
Aware
security
BBC
reports
Features
Courts
Investigations
Crypto-keen Korean Soldiers ‘Gave Loan Sharks Top-secret Passwords as Collateral’
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
23.09 / 21:13
23.09 / 18:53
markets
COST
Trade
RAI
country
blues
Shipping Industry to Drive Demand for Green Ammonia: Avaada Chairman
shipping industry is expected to drive the largest demand for green ammonia and green methanol, both derivatives of green hydrogen, in the coming years, Avaada Group chairperson Vineet Mittal told ET. The implementation of the Carbon Border Adjustment Mechanism in the European Union is expected to bring a surge in the green hydrogen derivatives offtake agreements, Mittal said. Offtake agreements so far among countries looking to trade in the molecules have seen tepid response because of higher cost compared with blue hydrogen and other regulatory hurdles.
23.09 / 14:19
markets
UPS
Action
economy
Trade
country
Next meeting of IPEF's Supply Chain Council in December: Commerce ministry
Supply Chain Council, set up under an agreement of the 14-member IPEF, will be held in December, the commerce ministry said on Monday. The IPEF (Indo-Pacific Economic Framework for Prosperity) bloc was launched jointly by the US and other partner countries of the Indo-Pacific region on May 23, 2022, in Tokyo. Together, they account for 40 per cent of the world's economic output and 28 per cent of trade.
23.09 / 14:19
markets
Election
Bill
President
RAI
Updates
US government shutdown 2024 update: Is it happening before November 5 US presidential polls?
government shutdown. However, Congressional leaders announced an agreement on a short-term spending bill that will fund federal agencies for about three months, averting a possible partial government shutdown when the new budget year begins October 1 and pushing final decisions until after the November 5 election. Temporary spending bills generally fund agencies at current levels, but an additional $231 million was included to bolster the Secret Service after the two assassination attempts against Republican presidential nominee Donald Trump, and additional money was added to aid with the presidential transition, among other things.
23.09 / 11:43
markets
Provident
track
consequences
testing
rights
What the overhaul of India’s merger control regime means
Subscribe to enjoy similar stories. The date 10 September 2024 marked a watershed moment for the Indian merger-control regime. Notified by the ministry of corporate affairs and the Competition Commission of India (CCI), the amendments represent a major overhaul.
23.09 / 09:03
COST
Strategy
country
travelers
Interviews
How you can unlock third-country access with your US, UK, or Schengen visas
Subscribe to enjoy similar stories. Many countries "piggyback" onto the visa approval systems of large developed nations, allowing visa-free entry or visas on arrival for Indian travellers holding valid US, UK, Canada, or Schengen visas. If you already possess a residence or even tourist visa issued by the US, UK or Schengen-area country, many third country doors will open for you.
23.09 / 09:03
COST
UPS
Citi
BLOCK
Hyundai
reports
At the world’s largest shipyard, US courts an ally to face up to China
Subscribe to enjoy similar stories. ULSAN, South Korea—Just a few months ago, U.S. Navy Secretary Carlos Del Toro admired a new South Korean warship built in this port city at the world’s largest shipyard.
23.09 / 09:03
COST
Waters
Manufacturing
Strategy
country
electronic
Chip giants TSMC and Samsung discuss building middle eastern megafactories
Subscribe to enjoy similar stories. Two chip-making giants have discussed building huge factory complexes in the United Arab Emirates that could transform the industry in the coming years and become a cornerstone for artificial-intelligence investments in the Middle East. Top executives at Taiwan Semiconductor Manufacturing Co., the world’s largest chip maker, have visited the U.A.E.
23.09 / 02:51
markets
Reuters
WSJ
country
electronic
reports
TSMC, Samsung consider building chip factories in UAE: report
TSMC and Samsung Electronics, have discussed building potential chip projects in the United Arab Emirates in coming years which could be worth more than $100 billion, the Wall Street Journal reported on Sunday. Top executives at TSMC have visited the UAE recently and talked about a plant complex on par with some of the company's largest and most advanced facilities in Taiwan, the WSJ said, citing people familiar with the interactions. South Korea-based Samsung Electronics, a maker of smartphones, TVs and memory chips, is also considering major new chip-making operations in the country in the years ahead, the paper said.
23.09 / 01:39
Election
BBC
Trade
Inside
information
Features
South Korean Lawmakers Say Their Wallets Are ‘Full of Crypto Dust’
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
21.09 / 21:29
markets
CEO
Action
Remark
Tesla
shooting
South Korean shooter who won the internet at Paris Olympics bags acting role as assassin
pistol shooter Kim Ye-ji, whose remarkable skill and nonchalance has grasped global attention at the Paris Olympics, is going to make her debut as an actor for the role of an assassin.
21.09 / 19:53
markets
Football
FIFA
Bill
Universities
Features
Homeless Football World Cup kicks off in Seoul
Homeless World Cup kicked off in the South Korean capital of Seoul on Saturday, marking the first time the event has ever been held in Asia. Held each year since 2003, the event bills itself as helping participants change their lives for the better through football, while also challenging society's perceptions of those experiencing homelessness. This year's edition features 52 teams from 38 countries worldwide, according to local organisers, and got under way Saturday on the main pitch at Seoul's Hanyang University.
20.09 / 22:45
markets
Provident
Digital
Universities
reports
Schools
International
South Korea’s Financial Services Commission Supports Second Phase of Crypto Legislation
Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...
20.09 / 12:53
Blockchain
Aware
Universities
information
BONK and Korean K9 Rescue Break Guinness World Record, BONK Dogs Ready for Adoption
Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...
20.09 / 07:03
markets
UPS
Target
economy
Nikkei
Commentary
Asian stocks
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates
20.09 / 02:21
markets
UPS
Apple
Software
wellness
AirPods
Features
Apple iPhone 16 reaches stores without highly awaited AI features
Apple Inc. is facing an unprecedented challenge: persuading customers to buy its latest iPhones without their biggest new feature. On Friday, Apple is launching the iPhone 16 lineup in almost 60 countries, including the US, China, India, Australia and South Korea. But the device won’t come installed with Apple Intelligence — the much-anticipated AI software that the company has been touting since June. That means users will have to download the software features over time as they become available during the coming weeks and months. That’s put Apple in a tricky spot. It’s already marketing the AI features heavily, but some consumers may hold off on buying the new phones if they can’t enjoy the benefits right away. The new iPhone hardware, meanwhile, has only modest upgrades from prior models. A touch-sensitive Camera Control button that makes it easier to take pictures and video is the most notable change.
20.09 / 00:55
Blockchain
Digital
BBC
reports
Features
Videos
Blockchain, NFT-powered MapleStory N Expansion to Launch ‘by Year’s End’
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
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