South Korea Financial News

19.03 / 06:59

Digital Election Freedom country prevention rights South Korea hosted summit warns of AI risks to democracy

democracy, as some officials attending a global summit accused Russia and China of conducting malicious propaganda campaigns. Speaking at the opening of the Summit for Democracy in Seoul, Yoon said countries had a duty to share experiences and wisdom so that artificial intelligence and technology could be employed to promote democracy.

19.03 / 04:59

Digital Opinion trends crypto regulation International South Korean Regulators Discuss Crypto Regulation with ASEAN, OECD Officials

South Korean regulators talked to officials from ASEAN, the Association of Southeast Asian Nations, and the OECD about crypto policy in Seoul on March 18.

19.03 / 02:29

markets Apple Tesla NVIDIA Trade reports recommendations Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US tech stocks rally to oil prices

Sensex gained 104.99 points, or 0.14%, to close at 72,748.42, while the Nifty 50 settled 32.35 points, or 0.15%, higher at 22,055.70. “We expect the markets to consolidate over the next few days while the broader market may continue to remain subdued," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 19 Here are key global market cues for Sensex today: Asian markets traded lower on Tuesday ahead of the monetary policy decision from the Bank of Japan which is expected to end its negative interest rate policy after 17 years.

18.03 / 10:23

Citi Photos country rights boating AP PHOTOS: Collecting sap to make palm sugar is an arduous, and less appealing, job for Cambodians

PHNOM PENH, Cambodia — Chin Choeun spends nearly 12 hours a day collecting sap from palm trees that he and his wife turn into palm sugar.

18.03 / 10:23

markets UPS economy Trade show reports Asian stocks Stock market today: Asian stocks gain ahead of US and Japan rate decisions

Asian stocks are higher ahead of policy decisions this week by Japan's central bank and the Federal Reserve

18.03 / 10:23

markets UPS DOW economy show reports Stock market today: World stocks higher ahead of US and Japan rate decisions

Asian stocks have advanced and European markets started the day with gains ahead of policy decisions this week by Japan’s central bank and the Federal Reserve

18.03 / 09:05

Hyundai SPY reports Features International Profiles Sporting Hyundai Creta EV in the works? Here's what report suggests

Hyundai Creta EV was spotted, offering subtle hints about its potential design features. Notably, the SUV showcases a striking LED daytime running light (DRL) stretching across the entire front profile, resembling its internal combustion engine (ICE) counterpart currently available in India.

18.03 / 04:41

markets BTC Platform Experts Bitcoin What Causes the Kimchi Premium? South Korean Experts Explain

Kimchi premium crypto price discrepancy is driven by a lack of South Korean corporate investment in Bitcoin (BTC), say South Korean experts.

18.03 / 02:05

markets UPS Reuters Election Trade recommendations Commentary Indian stock market: 10 key things that changed for market over weekend - Gift Nifty, US factory output to oil prices

Read here: Week Ahead: US Fed Policy, FPI inflows, crude oil prices, global cues among key market triggers this week Meanwhile, escalating global geopolitical risks can weigh on market sentiment after Ukraine attacked Russian oil refineries over the weekend, with drone strikes hitting multiple plants, some of them deep within the country’s territory. On Friday, the Indian stock market indices closed with significant losses as investors resorted to profit-taking as sentiment remained cautious amid persistent concerns over stretched valuations and froth in certain segments of the market. The Sensex slipped 453.85 points, or 0.62%, to close at 72,643.43, while the Nifty 50 ended 123.30 points, or 0.56%, lower at 22,023.35.

16.03 / 22:45

BTC Digital ETF community Bitcoin Holdings Unmasking ‘Mr. 100’: The Enigma Behind Bitcoin’s 14th-Largest Holder

A Bitcoin (BTC) whale known as “Mr. 100” has captured the attention of the crypto community in recent days.

16.03 / 17:47

Ethereum community Instagram meme coins Photos dogwifhat Features Dogwifhat Drama: Ethereum NFT Auction Sparks Controversy with Solana Community

A dispute has emerged within the colorful world of meme coins, pitting the Solana community against the owners of the real-life Shiba Inu that inspired the explosive Dogwifhat (WIF) meme coin.

15.03 / 20:35

Reuters awards wellness Actor stars reports Courts Oh Yeong-su of 'Squid Game' jailed, suspended. Here's why

Squid Game" star Oh Yeong-su has been sentenced to eight-month jail term. He has also been suspended for two years. The Seongnam branch of the Suwon District Court sentenced O to eight months in prison, suspended for two years, as well as 40 hours of attendance at a sexual violence treatment programme, the court official said by telephone, as per a report in Reuters.

15.03 / 10:13

markets UPS Dash DOW economy Trade reports Stock market today: World markets are mostly lower after retreat on Wall Street

Shares have retreated in Europe and Asia after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

15.03 / 09:19

film Actor reports Courts Squid Game actor O Yeong-su convicted of sexual harassment, handed 8 month prison sentence

AFP. O was indicted in 2022 without detention on charges of sexually assaulting a woman, who has not been identified, on two occasions. As he was leaving the court, O told reporters he planned to appeal against the decision.

15.03 / 02:29

markets Reuters Trade track reports recommendations Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US producer prices to oil price rally

Sensex gained 335.39 points, or 0.46%, to close at 73,097.28, while the Nifty 50 settled 148.95 points, or 0.7%, higher at 22,146.65. “We expect broader market volatility to continue in the near term, thus, retail investors should take this correction as an opportunity to accumulate quality names in 3-4 tranches. We suggest to make a higher allocation towards largecaps as valuations are comfortable along with steady growth prospects," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

14.03 / 10:05

CBDC Digital central bank digital currency show stage country Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study

An Atlantic Council study published Thursday showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.

14.03 / 08:55

economy Sustainability Research Trade stage country reports Indo-Pacific Economic Framework deal in final stage, signing likely soon

Mint on 28 December 2023 reported that legal scrubbing of both the pillars had started and the deal is expected to be signed in 2024. “Both the pillars are very important for the country. The clean economy (Pillar-III of the IPEF) is aimed at cooperation on research, development and commercialisation of clean energy and climate-friendly technologies," the second person said.

14.03 / 06:03

markets BTC trends Experts Bitcoin Bitcoin Price Bitcoin Price Growth Could Continue, Says South Korean Analyst

Bitcoin price growth could continue, a South Korean crypto analyst has predicted, as “crypto fever” slowly takes hold in the nation.

14.03 / 04:19

Reuters Platform Strategy reports Alibaba plans to invest $1.1 billion in South Korea: report

Alibaba Group plans to invest $1.1 billion in South Korea over the next three years to build a logistics center and expand businesses, South Korean news agency Yonhap reported on Thursday, citing a business strategy document of the company. The Chinese ecommerce giant plans to spend $200 million this year on building the logistics center and $100 million to help small and mid-sized South Korean firms sell their products overseas, the report said.

14.03 / 04:07

markets UPS Action security Election MSCI wellness An $80 billion crash in smallcaps flashes warning signs

broader Indian market, which is now an underperformer in Asia Pacific after a multi-year rally. An index of small-cap stocks has lost more than $80 billion in market value in less than two weeks after authorities flagged risks of overheating and guided funds to limit purchases. The selloff deepened on Wednesday, with gauges of small- and mid-cap stocks plunging more than 4% each.

14.03 / 03:07

UPS Target Simulation War reports testing Arsenal North Korea's Kim drives new-type tank during drills and calls for efforts to prepare for war

Kim Jong Un joined his troops in training to operate newly developed battle tanks as he called for bigger efforts to prepare for war, state media reported Thursday. The North’s tank training was seen as a response to the annual 11-day South Korean-U.S. military drills that are to end later Thursday. The North views its rivals’ exercises a rehearsal for invasion. The North’s training on Wednesday was designed to inspect tankmen’s combat capabilities and involved the new-type main battle tank that Kim called “the world’s most powerful,” the official Korean Central News Agency.

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