South Korea Financial News

As South Koreans prepare to vote for a new 300-member parliament next week, many are choosing their livelihoods and other domestic topics as their most important election issues

Montenegro’s top court has overturned a decision to hand over a South Korean mogul known as “the cryptocurrency king” to his native country

South Korea is set to introduce stricter regulations for token listing on exchanges, including the blocking of tokens that have been hacked.

The “real” Bitcoin (BTC) “bull run” is yet to start, a South Korean crypto firm CEO has claimed.

South Korean crypto voice phishing attackers are developing more sophisticated ways to dupe victims out of cash and tokens, a report claimed on April 4.

Hanwha Aerospace said on Friday it will spin off its semiconductor equipment and video surveillance businesses, carving out units that contributed about 16% to revenue in favour of focusing on its flagship defence division. The announcement sent the firm's share price down 8% in morning trade on profit-taking. The stock had jumped on Tuesday by more than 15% after local media reported the spin-off plan. Hanwha Aerospace said it will spin off chip equipment maker Hanwha Precision Machinery and surveillance camera maker Hanwha Vision, with the two businesses eventually merging into a single industrial solutions company.

Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago when there was a severe downturn in chip demand. The world's largest memory chip and TV maker estimated its operating profit rose to a better-than-expected 6.6 trillion won ($4.89 billion) in the quarter ended March 31.

Catch RBI Monetary Policy 2024 LIVE Updates here On Thursday, the Indian stock market indices ended higher, snapping a two-day losing run, ahead of the RBI monetary policy decision. The Sensex gained 350.81 points, or 0.47%, to close at 74,227.63, while the Nifty 50 settled 80.00 points, or 0.36%, higher at 22,514.65. “Nifty has been consolidating in a narrow range at higher levels for the last few sessions, while broader markets have bounced back strongly, especially after a sharp recent correction.

A major South Korean computer chipmaker said Wednesday it plans to spend more than $3.87 billion in Indiana to build a semiconductor packaging plant and research and development center

survey of around 19,000 respondents conducted in 19 countries shows that 80 per cent support cutting plastic production to save biodiversity and the climate. Around 80 per cent of the participants are concerned about the impact of plastic on the health of loved ones, according to the survey conducted by the independent environmental network Greenpeace International in January and February. The survey collected responses from 19,088 participants from the UK, the UAE, Canada, India, Brazil, Egypt, Germany, Mexico, South Africa, Philippines, Indonesia, Japan, Thailand, South Korea, China, Malaysia, Austria, Norway and the US. The survey shows strong support for cutting the production of plastic, with more than eight in 10 people (82 per cent), and for protecting biodiversity and the climate by reducing plastic production (80 per cent).

A consortium of central banks worldwide, led by the Bank for International Settlements (BIS), announced a new initiative, “Project Agora,” to explore the potential of tokenization to enhance existing financial systems.

Sensex fell 27.09 points, or 0.04%, to close at 73,876.82, while the Nifty 50 settled 18.65 points, or 0.08%, lower at 22,434.65. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 4 “Markets are trading with caution ahead of the RBI policy meeting and key macro data to be released in the US and Europe. We expect the market to consolidate over the next few days until the events unfold," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

visa, the passenger will not have a visa sticker in their passport. "When checking in at the airport, you will be asked to display a 'visa issuance notice' on your device (e.g.

Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.

As the ‘halving’ event nears, Bitcoin price predictions become increasingly significant, with the current value at $66,125 hinting at future trends.

Asian shares are mostly declining after Wall Street broke its record-breaking run-up

Sensex fell 110.64 points, or 0.15%, to close at 73,903.91, while the Nifty 50 settled 8.70 points, or 0.04%, lower at 22,453.30. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 3 “We are seeing renewed optimism in the broader market in the mid & small cap stocks after the sharp correction over the past few months. There is a lot of money waiting on the sidelines to be invested in medium enterprises amid easing valuations and hopes of strong economic growth going ahead," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

jobs, and then sell what they produce to the rest of the world. The recipe — customized in varying ways by Hong Kong, Singapore, South Korea, Taiwan and China — has produced the most potent engine the world has ever known for generating economic growth. It has helped lift hundreds of millions of people out of poverty, create jobs and raise standards of living.

relationship was exposed by the popular Korean tabloid Dispatch, aespa member Karina and K-drama star Lee Jae Wook have decided to part ways. Although the former couple have not exactly revealed why they drifted apart, several reports speculated that they called it quits due to the fierce backlash they faced from trolls. According to an exclusive report by Tenasia, the split was caused by the backlash they faced for their relationship, which impacted both the star’s mental health. The duo was also remorseful over how their fans In a statement toSPOTV, Jae Wook’s agency C-JeS Studios said, “Actor Lee Jae Wook decided to end the relationship to focus on the work that he is currently filming. The two will remain good colleagues and support one another.” The couple was met with a social media meltdown after their romance was exposed by the South Korean tabloid Dispatch on February 27. Earlier, the ‘Next Level’ hitmaker penned a note of apology to her fans. Taking to Instagram, she promised to be “more mature and hardworking” in the future.”

Hong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia

South Korea’s president has vowed not to back down in the face of vehement protests by doctors seeking to derail his plan to drastically increase medical school admissions