South Korea Financial News

South Korean university students appear to be turning to cryptoassets such as Bitcoin (BTC), with 40% saying they invest in tokens as well as overseas stocks.

Crypto investors in South Korea will have more peace of mind starting next month, thanks to new rules that protect users’ balances in case of a crypto exchange bankruptcy.

Investors have pared exposure to sectors including renewable energy and electric cars as candidates in some of the dozens of nations holding polls this year have raised concerns over the costs and speed of efforts to curb emissions.

Japan issued an emergency alert following a suspected ballistic missile strike by North Korea on Tuesday (local time). The information was given by the Japan Prime Minister's Office on social media platform X. Minutes later, the Japan PMO said the emergency alert was being lifted as the 'suspected ballistic missile' from North Korea was not expected to reach Japan.

Sensex surged 712.44 points, or 0.92%, to close at 78,053.52, while the Nifty 50 settled 183.45 points, or 0.78%, higher at 23,721.30.“After the last few range bound sessions, investors placed bullish bets on banking and select frontline IT stocks which helped benchmark indices scale fresh highs even as the majority of the sectors ended in red. Most of the private banking stocks had missed the upsurge seen in recent weeks and hence there was a flurry of activity in the financial space ahead of the monthly expiry on Thursday," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.Also Read: Weekly picks: Motilal Oswal suggests these three stocks to buy today predicting up to 9% upsideHere are key domestic and global market cues for Sensex today:Asian markets traded mostly lower on Wednesday tracking mixed cues overnight from US stocksJapan’s Nikkei 225 rose 0.26%, while the Topix fell 0.17%.

Jeong Sang-ho, CEO of Delio, faced intense scrutiny in the second criminal trial held at the Seoul Southern District Court on June 25, where he said investors’ deposits were not “principal protected.”

Rescue workers are combing through the charred ruins of a factory building near South Korea's capital to find any more victims of a fire that killed 22 people, mostly Chinese migrant workers

SEOUL : To the makers of smartphones, power grids and electric vehicles, lithium—the lightest metal—allows batteries to become supercharged, underpinning hopes for a greener economy and longer-lasting devices. But the very traits that make lithium game changing for energy storage can pose overpowering challenges should the batteries ever catch fire. Incidents involving lithium-battery fires are becoming more common around the world, raising safety concerns.

Worldcoin has faced criticism from regulators worldwide for its data practices, but an employee is looking to assure users their iris data is safe.

Forensic and other experts are combing through the charred ruins of a factory building near South Korea’s capital to find the cause of a fire that killed 23 people, mostly Chinese migrant workers

The future of developing countries is in services. This may sound odd in view of the fact that industrialization has been the traditional road to growth and eventual prosperity, one travelled by all of today’s rich economies and by more recent successes such as South Korea, Taiwan and China. Manufacturing seems even more essential given that industrial policies to revive it are back in fashion in the US and Europe.

Asian stocks rise after another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied

Touted among the most spirited and colourful countries around the world, the Republic of Korea, or South Korea, effortlessly fuses its unique culture, immersive experiences, and innovative technology with great balance.

Fears are growing that South Korean crypto exchanges will begin altcoin delisting this year at the request of the financial authorities.

A fire at a South Korean crypto mining center destroyed “about 110” mining rigs, firefighters confirmed on June 24.

A fire likely sparked by exploding lithium batteries has swept through a manufacturing factory near South Korea’s capital, killing 22 mostly Chinese migrant workers and injuring eight

Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India. This month we track the upcoming monetary policies, the G7 summit held in Italy, and how rising temperatures are ringing alarm bells.

Asian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run

A cybersecurity intelligence company says a suspected Chinese state-sponsored hacking group has intensified attacks on Taiwanese organizations, particularly those in sectors such as the government, education and technology

A top South Korean economic think tank has poured cold water on the idea of Seoul approving a Bitcoin (BTC) or Ethereum (ETH) spot exchange-traded fund (ETF).

Sensex declined 269.03 points, or 0.35%, to close at 77,209.90, while the Nifty 50 settled 65.90 points, or 0.28%, lower at 23,501.10.“The market is expected to trade sideways next week due to the absence of strong buying or selling triggers. While the underlying sentiment remains bullish, dips might attract opportunistic buying, which could support the market.