South Korea Financial News

Worldcoin controversy in South Korea is driving trades on the Bithumb crypto exchange, a media report has claimed.

In the 1990s, South Korea faced a pivotal moment in its economic development. At the time, the country was rapidly industrializing and seeking ways to sustain its economic growth. Recognizing the untapped potential of half its population, South Korea embarked on a series of reforms aimed at increasing women’s participation in the workforce and promoting gender equality.

South Korea’s National Police Agency has officially requested assistance from the International Criminal Police Organization (Interpol) in bringing back Kwon Do-hyeong, the co-founder of Terraform Labs, to South Korea, according to a local news agency on March 7.

Bitcoin’s infamous “Kimchi premium” has made a comeback, with the cryptocurrency commanding an average 10% price premium in South Korea compared to global exchanges. 

A Montenegrin court has ruled that cryptocurrency mogul Do Kwon should be handed over to his native South Korea, the latest twist in the months-long legal procedure that followed the arrest of the Terraform Labs founder in the Balkan nation last year

BEIJING (Reuters) -China's export and import growth in the January-February period beat forecasts, suggesting global trade is turning a corner in an encouraging signal for policymakers as they try to shore up a stuttering economic recovery.

No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5.

Today, Spanish data regulator Agencia Española de Protección de Datos (AEPD) instructed Sam Altman’s Worldcoin to halt its operations in the country.

South Korea’s president vows that he won't tolerate the prolonged walkouts by junior doctors, calling them “an illegal collective action” that threatens public health

Social media startup Hunch has raised $23 million in a funding round led by US-based Alpha Wave and South Korea-based Hashed Emergent. The firm did not disclose the valuation at which the funding, which came as a primary infusion, was done. Hunch had earlier raised $3 million in seed funding in December 2022, when it first launched its app, cofounder and chief executive Ish Goel told ET on Wednesday.

Investing.com-- Most Asian currencies moved little on Wednesday, while the dollar steadied from recent losses as markets hunkered down in anticipation of more key cues on U.S. monetary policy. 

Investing.com-- Shares of Apple Inc's (NASDAQ:AAPL) Asian suppliers fell on Wednesday, tracking an overnight slump in the tech giant after media reports showed Chinese sales of its flagship iPhone tumbled in the beginning of 2024.

Read the full story here.)Sensex Today Live : Gift Nifty Futures was trading marginally ahead of Nifty 50's Tuesday close, indicating a muted start for Indian benchmark indices. Sentiment for Indian markets would be marred further by the mixed performance of global peers that were weighed down by the cautious mood elsewhere.South Korean shares fell for a second straight session on Wednesday, dragged down by heavyweight chipmakers tracking losses in global peers.The benchmark KOSPI fell 5.42 points, or 0.20%, to 2,643.98 by 0110 GMT.

Jeju Island, a subtropical province off the South Korean mainland’s south coast, says it wants to use non-fungible tokens (NFTs) to transform its economy.

Sensex fell 195.16 points, or 0.26%, to close at 73,677.13, while the Nifty 50 settled 49.30 points, or 0.22%, lower at 22,356.30. “Investors are awaiting Fed Chair Powell’s testimony to get some input on interest rates. Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up.

Thousands of striking junior doctors in South Korea are facing proceedings to suspend their medical licenses

Ewan McGregor's portrayal of a Russian count, banished to a hotel attic, comes alive in the trailer for the upcoming series 'A Gentleman in Moscow.' The eight-part adaptation of Amor Towles' novel promises a captivating narrative set against the backdrop of Russian history. Trailer, Plot

Do Kwon, the founder of Terraform Labs, has received a legal reprieve as a Montenegro court overturned a previous ruling for his extradition to the U.S.

₹41 lakh, going up to ₹53 lakh ex-showroom for an all-wheel drive variant. The Seal has a range of up to 650 km for its top-end rear-wheel drive model.

Jaishankar on Tuesday said strong alliances do not enhance a country's global standing while, on the contrary, India had a favourable result from loose or issue-based alliances. «Today, we see India in many ways as playing a useful role as a kind of bridging country which can contribute and address problems. And I think unfortunately the state of the world requires such services,» the minister said in response to a question following his address to the Korea National Diplomatic Academy here. Jaishankar's address was a part of the first leg of his four-day visit to South Korea and Japan. «I don't agree that strong alliances enhance global standing and lose alliances detract. At the beginning of our presidency of the G20, people were worried whether we would be able to get an agreement at the end of it and we had two problems — the Ukraine conflict and the issue of development. A lot of Global South had concerns. We have different ties to one group, I think it would have been difficult to get the G20 to come around had it not been such a case,» the minister said.

NEW DELHI : India’s external affairs minister S. Jaishankar on Tuesday pitched for South Korea to participate in India-led initiatives such as the International Solar Alliance, the Coalition for Disaster Resilient Infrastructure, and the Indo-Pacific Oceans Initiative. Jaishankar is in South Korea for a two-day visit, during which he will chair a joint commission meeting with his Korean counterpart.