South Korea Financial News

trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and chemicals, to prepare the offer list, an official said. Preparation of the list is part of the negotiations, which are underway, for the upgrade of the existing FTA between the two countries, dubbed as comprehensive economic partnership agreement (CEPA). The agreement was operationalised in January 2010. So far, 10 rounds of talks have been concluded. The official said both sides have exchanged the request list and «are working on the offer list» and for that the commerce ministry is holding discussions with different ministries, including steel, heavy industries, textiles, chemicals and petrochemicals.

South Korea's port city of Busan on Saturday for joint military exercises this month with the host nation and Japan, the Yonhap news agency said. The leaders of the three nations agreed at a Camp David summit in August 2023 to hold annual military training drills as they condemned China's «dangerous and aggressive behaviour» in the disputed waterway of the South China Sea. Russian President Vladimir Putin visited North Korea this week for the first time in 24 years and signed a deal with leader Kim Jong Un that included a mutual defence pledge.

As part of the upgrade, the ETF was renamed to EMQQ Emerging Markets Internet UCITS ETF, and its exposure to Chinese equities was capped at 45%. The reclassification followed EMQQ's inclusion of an ESG screen to the fund, which will also be reflected in its change of name. The decision to limit investments in Chinese equities was made in light of plans to broaden the ETF's exposure and capture a range of global emerging and developing markets. In addition to the cap on Chinese equities, investments in the South Korean market are also capped at 10%. HANetf to drop fossil fuel exclus...

Sensex gained 141.34 points, or 0.18%, to close at 77,478.93, while the Nifty 50 settled 51.00 points, or 0.22%, higher at 23,567.00.“The market is consolidating with a positive bias amid strong FII flows and healthy macros. Also, an expectation of a growth-focused budget is aiding sentiments and is likely to lead to sector-specific action.

South Korea says it will consider sending arms to Ukraine after Russia and North Korea rattled the region and beyond by signing a pact to come to each other’s defense in the event of war

Global blockchain developer WEMIX, developed by South Korean gaming powerhouse Wemade, has announced its strategic investment in the Web3 gaming platform Elixir Games.

The South Korean virtual asset deposit services company Delio announces to establish a new corporation to transfer debt as it faces embezzlement charges.

₹65 to ₹68 per equity share, having a face value of ₹10.The firm manufactures solid surface materials, which are distributed throughout India via a large distribution network of distributors and direct clients, as well as exported to countries such as Dubai, Bahrain, Greece, and Nepal. The firm operates under two names, LUXOR and ASPIRON, which provide a wide variety of solid surfaces.

A South Korean province has seized around $138,000 worth of crypto from 31 “tax dodgers,” as a nationwide crackdown continues.

A South Korean crypto fraudster will serve 10 years in jail after the High Court upheld his original sentence.

South Korean officials issued return-to-work orders for doctors participating in a one-day walkout as part of a protracted strike against a government plan to sharply boost medical school admissions

PJMs it's time to celebrate! The It Boy will soon be back with a new album! BTS’ Jimin is all set to make a grand comeback with an album named ‘Muse’. The ‘Like Crazy’ hitmaker announced the good news on the fan interaction app Weverse on Tuesday.

Hyundai Motor Group says it plans to begin manufacturing IONIQ 5 electric SUVs at its sprawling new plant in Georgia this fall

The Financial Supervisory Service (FSS) of Korea has addressed concerns about the rumored mass altcoin delistings , clarifying its limited involvement.

Russian President Vladimir Putin is thanking North Korea for supporting his actions in Ukraine and says the two countries would work together to overcome U.S.-led sanctions

Shares are mostly higher in Asia after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher

₹11,200. According to the brokerage's analysis, Hyundai Motor India outperformed Maruti Suzuki in terms of profitability due to a stronger mix (about 63% contribution from SUVs vs.

Sensex rose 181.87 points, or 0.24%, to close at 76,992.77, while the Nifty 50 settled 66.70 points, or 0.29%, higher at 23,465.60. Indian stock market was closed on Monday, June 17, on account of Eid ul-Adha 2024.

Scooter Braun, one of the most recognizable names in the music business known for representing artists like Justin Bieber and Ariana Grande, will no longer work as a music manager

Blass, who shared details on social media platform X, official promotional material for the event was leaked. Although the original post was taken down due to copyright issues, a report by Tech Radar highlighted that the leaked image revealed the event's confirmed date and time.

The South Korea Ministry of Science and Information and Communication Technology (ICT) and the Korea Internet & Security Agency (KISA) will launch a blockchain support project.