South Korea Financial News

China is increasing its defense budget by 7.2% this year, similar to last year's rise

Mercedes-Benz expects India to become its third biggest market in its 'Region Overseas' over the next 2-3 years with demand anticipated to remain strong for luxury products, according to a senior company executive. The Region Overseas for Mercedes Benz comprises 118 countries, excluding North America, Europe and China. India is the fifth largest market in the region after Japan, South Korea, Australia and Turkey. The sales gap between India and Turkey is around 8,000 units per year.

South Korean authorities are discussing the potential approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the country, as revealed by the country’s chief of the financial watchdog. 

Bitcoin's runaway rally is being driven by investors in Asia. Traders in South Korea, China and other Asian countries are responsible for roughly 70% of bitcoin trading volumes, much like they were in 2021 when bitcoin last hit such heady highs, according to crypto exchange data from The Block.

South Korea’s government is pressing ahead with its vow to suspend the licenses of thousands of junior doctors who ignore its repeated demands to end their collective walkouts

South Korea’s government has begun steps to suspend the medical licenses of thousands of striking junior doctors, days after they missed a government-set deadline to end their joint walkouts, which have disrupted hospital operations

Mint breaks down his agenda. Jaishankar will first travel to Seoul, where he is expected to chair the 10th India-Korea Joint Commission Meeting with the new South Korean foreign minister Cho Tae-yul. At previous meetings, the two countries have focused on supply-chain security and collaborating on advanced technologies.

South Korean crypto controversy continues as police announced the investigation of a firm linked to a gaming coin.

₹251 crore IPO to open Mar 5 BYD India to unveil Seal EV sedan in India Mar 5 Oppo F25 Pro launched in India, will go on sale from Mar 5 Nothing to launch CMF Neckband, Buds alongside Nothing Phone 2(a) on Mar 5 South Korea: Jaishankar to visit Seoul to co-chair the Korea Joint Commission Meeting Mar 5 Goa: Rajnath Singh to inaugurate new building of Naval War College at INS Mandovi Mar 5 Kochi: Indian Navy to commission MH 60R Seahawk at INS Garuda Mar 5 Maratha quota stir: Bombay HC to hear the matter Mar 5 Rahul Gandhi plans Mahakaleshwar Temple visit Mar 5 Delhi: NDMC to start admission to its 12 Navyug schools Mar 5 AP: CM Jagan Mohan Reddy to visit Vizag to take part in two programmes Haryana Cabinet to meet on Mar 5 Hookah ban: Kerala HC hearing on Mar 5Milestone Alert! Livemint tops charts as the fastest growing news website in the world

A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea.

A South Korean committee responsible for personal information matters is probing Worldcoin for collecting and processing sensitive information.

Thousands of senior doctors have rallied in the South Korean capital to express their support for junior doctors who have been on strike for nearly two weeks over a government plan to sharply increase the number of medical school admissions

Also Read: Week Ahead: Macro data, FII activity, global cues among key market triggers as Nifty 50 eyes 22,600 this week The Indian bourses, BSE and National Stock Exchange (NSE), held a special live trading session on Saturday, March 2, to assess the resilience of their disaster recovery systems. On Saturday, the stock market indices ended with marginal gains after hitting record highs during the day. The Sensex gained 60.80 points, or 0.08%, to close at 73,806.15, while the Nifty 50 settled 39.65 points, or 0.18%, higher at 22,378.40.

AfreecaTV BJ (broadcast jockeys) stars have become the latest targets of increasingly sophisticated South Korean crypto scammers.

The Masked Singer," originating from South Korea, captivated audiences worldwide since its 2019 debut. With a unique «Guess Who?» format, contestants perform in elaborate costumes, leaving viewers and judges guessing. Season 11 promises new surprises, including a fresh judging face and intriguing costumes.

By Hyun Young Yi and Hyonhee Shin

semiconductor chip, that is used within the Bluetooth and Wi-Fi component of your phone, could’ve crossed international borders as many as 70 times before it reached you. And this entire process can take up to 100 days, 12 of which are spent in transit between various supply chain steps. And this is just one tiny component that makes up the lifeline of the digital world. Components are as critical as the final device. But most of the components currently come from countries such as Taiwan, China, South Korea and the US. This is going to change soon, however.

Ajay Devgn, best known for blockbusters like Singham and Drishyam franchisees, has bought 1 lakh shares of a multibagger smallcap stock, Panorama Studios International, by participating in a preferential issue of shares of the film production house. Regulatory filings show Devgn's name among 9 investors who invested a total of Rs 24.66 crore in the preferential share allotment. The Bollywood star's investment is worth about Rs 2.74 crore and the purchasing price comes to about Rs 274 per share — a significant discount to Saturday's closing price of Rs 949 per share on the BSE.

India is expected to see 50% growth in ultra-high networth individuals (UHNIs) in next five years, said a new report on Wednesday.

By Andrea Shalal

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.