South Korea Financial News

02.05 / 08:35

UPS Citizens Trade reports crypto phishing Crypto Phishing Attacks ‘Rampant’ in South Korea – Report

Crypto-related phishing attacks have become “rampant” in South Korea, a report has claimed, with a top financial regulator set to act.

02.05 / 03:33

markets COST Target Hyundai trends show Maruti Suzuki SUVs have surpassed competitors, but dominance is another matter

₹4,685 crore but missed analysts’ estimates. More importantly, the Ebitda margin of 12.3% trailed consensus estimates of 12.8%. The margin miss was led by a one-off 60-basis-points impact related to CSR and material costs, coupled with reduced CNG vehicle production owing to a shortage of components.

02.05 / 03:23

UPS Cooper economy country reports International Japan's Kishida will stress rules-based global order, support for emerging nations at OECD meeting

Japan’s Prime Minister Fumio Kishida says he will stress the need for a rules-based international order when he attends a meeting of the Organizations for Economic Cooperation and Development in Paris

02.05 / 01:43

markets Research Nikkei Trade track recommendations Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US Federal Reserve policy to oil price

Sensex declined 188.50 points, or 0.25%, to close at 74,482.78, while the Nifty 50 settled 38.55 points, or 0.17%, lower at 22,604.85. “We expect the market to continue its positive momentum supported by healthy Domestic Institutional Investors (DIIs) and retail buying and going Q4 result season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. The Indian stock market was closed on May 1 on account of Maharashtra Day.

01.05 / 11:11

Waves Trade President Celebrity gatherings rights Workers and activists across Europe and Asia hold May Day rallies to call for greater labor rights

Workers, activists and others across Europe and Asia are marking May Day with rallies and marches to call for better working conditions and greater labor rights

01.05 / 06:31

security WhatsApp stage country Department South Korea discusses joining part of AUKUS pact with US, UK and Australia

South Korea has held talks about joining part of the AUKUS defence deal between the U.S., Britain and Australia, Defence Minister Shin Won-sik said on Wednesday, only weeks after the pact said it would consider including Japan. Formed in 2021, AUKUS is a two-stage security pact to counteract China's growing power in the Asia Pacific region. While a first stage to give Australia nuclear submarine technology is limited to the core trio, they have raised the possibility of other countries joining a second stage, or «Pillar 2», that aims to share other military technology.

01.05 / 05:59

Waters Software WhatsApp Universities performer Inside Is it possible to make an artificial brain with AI? Breakthrough achieved, know in detail

artificial brain cells. A team comprising scientists from Utrecht University in the Netherlands and Sogang University in South Korea has developed artificial neurological junctions called synapses using a mix of water and salt. It is considered an important achievement paving the way for the development of advanced computers that mimic the performance of a human brain.

01.05 / 05:23

Blockchain Ethereum Google Entertainment reports South Korean Tech Giants Naver, Kakao Aim to Launch Token in June

The South Korean tech giants Naver and Kakao are set to finalize their blockchain merger plans with a token launch in June.

30.04 / 16:30

Provident Progressive Manufacturing community country travelers International At plastics treaty talks in Canada, sharp disagreements on whether to limit plastic production

Nations have made progress on a treaty to end plastic pollution at talks that have concluded in Canada

30.04 / 16:29

markets UPS electronic reports Features Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips

30.04 / 16:29

UPS Progressive Manufacturing show voice information Interviews 5 takeaways from the global negotiations on a treaty to end plastic pollution

The world’s nations finished a round of negotiations early Tuesday on a treaty to end plastic pollution and made more progress than they have in three prior meetings

30.04 / 08:25

markets Target Reuters Mobile Hyundai track Hyundai Motor Group plans hybrid car launch in India

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group looks beyond electric vehicles to boost its presence in a key auto market. The group, housing Hyundai Motor and Kia Corp, is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources who have direct knowledge of the plans. Hyundai and Kia are both targeting the launch of hybrid SUVs in India in 2026 or 2027, one of the sources said, adding that their EV plans for India were also on track.

30.04 / 03:33

Provident Platform Trade crypto tax Experts reports South Koreans Warned to Declare Overseas Crypto Exchange Holdings

South Korean crypto holders were warned to declare their overseas crypto exchange holdings – or face a potential “tax bombshell.”

29.04 / 21:45

Cooper Election President students Schools Investigations South Korea's opposition leader urges the president to accept investigation of wife, top officials

South Korea’s opposition leader has pressured President Yoon Suk Yeol to accept special investigations into allegations involving top officials and his wife, as they met for talks on bipartisan cooperation

29.04 / 18:19

Southern Justice reports Department Investigations South Korea to Make Temporary Crypto Investigative Unit Permanent

Local media reports that South Korea is taking decisive measures to combat the surge in cryptocurrency-related crimes and fraud cases by moving to establish its temporary virtual asset investigative unit as a permanent entity.

29.04 / 01:57

markets DOW Action Research Trade recommendations Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, US inflation to tech stocks rally

Read here: Week Ahead: Q4 Results, US Fed Policy, Auto sales, global cues among key market triggers this week On Friday, the Indian stock market indices ended sharply lower, snapping their five-day winning streak. The Sensex declined 609.28 points, or 0.82%, to close at 73,730.16, while the Nifty 50 settled 150.40 points, or 0.67%, lower at 22,419.95. “We expect market momentum to resume with a focus on stock-specific action due to the ongoing result season and sector rotation at play.

28.04 / 17:31

COST Manufacturing ADP reports International Wall Street week ahead: All eyes on Federal Reserve’s interest rate decision and jobs data

ALSO READ: US Fed bets reprice: China, Japan, South Korea and India look attractive On April 30 (Tuesday), reports on employment cost index for first quarter (Q1) and consumer confidence for April will be unveiled. On May 1 (Wednesday), data on ADP employment for April, auto sales for April, and ISM manufacturing for April will be released. On the same day, FOMC (Federal Open Market Committee) interest rate decision will be announced, followed by Fed Chair Jerome Powell’s press conference.

28.04 / 12:45

FIVE Cooper Election wellness Trade stage country Building aircraft, ships, rail equipment to get policy boost

₹5,000 crore may be offered for developing the ecosystem for building inland vessels in the country to support movement of cargo on national waterways. Capital support may also be considered for producers of sea bound vessels at a later stage. At present 14 PLI schemes with an outlay of ₹ 1.97 trillion are under implementation for five years from FY22.

28.04 / 03:59

FIVE security RAI stage Olympics archery Archery WC: India upset Olympic champions Korea to bag gold

India secured one of their biggest wins in archery as men's recurve team of Dhiraj Bommadevara, Tarundeep Rai and Pravin Jadhav stunned reigning Olympic champions South Korea to win the gold medal at the ongoing World Cup Stage 1 here on Sunday. In a battle between the top-two seeds of the competition, Indians showed ice-cool composure to get the better of the mighty Koreans without dropping a set. India won 5-1 (57-57, 57-55, 55-53), taking their gold medal count to five in the season-opening global showpiece. Indian compound archers had swept the team events winning men's, women's and mixed team gold medals on Saturday.

28.04 / 03:59

markets JPMorgan Compilation Strategy trends Trade track As Fed bets are repriced, global fund managers look at cheap China; haven plays in Korea, India & Japan

Chinese stocks and driving value investment strategies in Asia. Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near record-low valuations for Chinese stocks. Other haven plays are exporters and India’s domestic-driven equities.

28.04 / 01:27

markets JPMorgan Compilation Strategy trends Trade track US Fed bets reprice: China, Japan, South Korea and India look attractive as value investments in Asia rise

investment strategies in Asia. Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near-record-low valuations for Chinese stocks.

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