South Korea Financial News

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...

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Nifty were trading flat on Tuesday morning in the absence of any major triggers. However, a 3-5% rally in defence stocks like HAL, GRSE, and Mazagon Dock cheered retail investors. The rally in defence stocks came after the Cabinet Committee on Security cleared a Rs 26,000 crore deal for the procurement of 240 aero-engines for Sukhoi-30MKI fighter jets.

Asian shares are trading mixed as investors look ahead to a key report on U.S. employment set for release later in the week

Kim Jong Un supervised a demonstration of new exploding drones designed to crash into targets, state media said Monday, as the U.S. and South Korea engage in joint military drills. North Korean test photos showed a white drone with X-shaped tails and wings supposedly crashing into and destroying a target resembling South Korea's main K-2 battle tank. Most combat drones stand off from targets and fire missiles. The North's official Korean Central News Agency said Saturday's test involved various types of drones built to fly different ranges to attack enemy targets on land and sea and flew along various routes before accurately hitting test targets. After the test, Kim pledged to spur the development of drones that explode on impact, conduct reconnaissance or attack targets underwater to boost his country's war readiness, saying the North's military should be equipped with advanced drones «as early as possible,» KCNA said.

Asia’s latest factory activity data showed some loss of momentum midway through the third quarter, but a broad continuation of growth in output and orders. Views among manufacturers on the sector’s outlook were mixed amid uneven price and demand developments through the region, though many were cautiously upbeat. S&P Global’s manufacturing purchasing managers index readings for Japan and South Korea signaled improvement in August, while those for India, Thailand, Taiwan and Malaysia indicated expansions in manufacturing, though at a slower pace.

Tata Motors is looking to consolidate its position in the SUV segment as it marks its entry into the highly competitive mid-size space which is currently dominated by South Korean and Japanese carmakers. The Mumbai-based auto major on Monday launched midsize SUV coupe Curvv with petrol and diesel powertrains with a price starting at Rs 9.99 lakh. The company has already unveiled the electric version of the model in August. The model would be competing with the likes of Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, and Honda Elevate, among others.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

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...

Asian shares are mixed in cautious trading ahead of the Labor Day holiday in the U.S., when stock exchanges will be closed

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

SEOUL—A push by Netflix to keep its subscribers hooked involves 90-minute cram sessions on South Korean culture and expressions to ensure better-quality dubbing and translations. Dae-bak expresses a pleasant surprise. Aish means disappointment.

Godzilla-style monster flick. Kim Jong Un, the current ruler, demands “masterpieces pulsating with the sentiment of the times", by which he means praise for himself. The president of South Korea probably has views on the arts, too.

Global shares are mostly higher as markets continued to be moderately optimistic about the prospects of technology companies and the relative health of global economies

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...

South Korea’s Constitutional Court has ordered the government to back its climate goals with more concrete plans for action through 2049

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

SEOUL—Dozens of South Korean children sued their government over inadequate policies targeting climate change, arguing their rights to live in a clean environment had been violated. On Thursday, they earned a major legal victory. South Korea, home to major semiconductor, battery and electric-vehicle makers, has pledged by the end of this decade to reduce carbon emissions by 40% from a 2018 benchmark.

Electric vehicles (EVs) have become popular because of several reasons, including zero tailpipe emission, which reduces pollution, and gives better fuel efficiency, which keeps customers’ expenses down. According to the latest Vahan data, EV sales stood at 178,948 units in July, marking a strong year-on-year increase of 53%. This is also the second-best performing month for EV sales in the calendar year to date, after March of FY2024 at 213,036 units, showing buoyant interest among buyers. However, EVs have also been in the news every now and then for catching fires and other problems. These raise significant concerns about the trustworthiness of EV technology, depressing its growth in India.

Asian shares are mostly lower as market attention turns to upcoming data on the U.S. economy after Nvidia reported its financial results

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...