South Korea Financial News

20.02 / 03:01

markets COST UPS Research Trade recommendations Rate Cut Indian stock market: 8 key things that changed for market overnight - Gift Nifty to China’s lending rate cut

Sensex gained 281.52 points, or 0.39%, to close at 72,708.16, while the Nifty 50 settled 81.55 points, or 0.37%, higher at 22,122.25. “Despite an unattractive risk reward, the broader market continued its outperformance in expectation of improvements in private capex and optimism about political stability. Benign input costs and expectations of a pickup in rural demand will aid corporate earnings growth.

20.02 / 03:01

markets FIVE Discover Trade show blues Asia stocks struggle even as China slashes rates

interest rate cut in China failed to excite investors jaded at the lack of bigger stimulus measures. China's five-year loan prime rate was lowered by 25 basis points to 3.90%, bigger than the five to 15 bp cuts forecast by economists. The Shanghai Composite, however, fell 0.7% in early trade and blue chips fell 0.6%.

19.02 / 13:37

FIVE Action country hospital reports Schools International South Korea doctors offer to resign amid spat with government

Trainee doctors in South Korea have begun resigning en masse in protest of a government plan to increase the number of medical students

19.02 / 08:07

markets UPS security NVIDIA Trade electronic South Korean shares hit 20-month high on chip boost, policy optimism

South Korean shares rose more than 1% on Monday to their highest level since May 2022, as chipmakers jumped and foreign buying continued on optimism around the government's corporate reform plan. ** The benchmark KOSPI closed up 31.50 points, or 1.19%, at 2,680.26 — its highest level since May 31, 2022.

19.02 / 07:21

Strategy Election Bill crypto regulation reports South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise

South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments.

19.02 / 03:11

markets UPS Target Trade reports recommendations Weekend Indian stock market: 7 key things that changed for market over weekend - Gift Nifty to rise in US producer price index

Sensex surged 376.26 points, or 0.52%, to end at 72,426.64, while the Nifty 50 settled 129.95 points, or 0.59%, higher at 22,040.70. “Indian markets showed resilience despite volatility. Q3 earning season has ended on a buoyant note with Nifty delivering a strong beat with a 17% YoY PAT growth versus estimates of +11%.

18.02 / 13:53

UPS FIVE HANS performer badminton Seal China, India seal Asian badminton team titles

China's men's team were crowned winners of the Badminton Asia Team Championships after they dispatched Malaysia 3-0 in a one-sided final Sunday. India ousted Thailand 3-2 to claim the women's title. China came without their top superstars, such as Shi Yu Qi and Li Shi Feng, who are ranked among the world's top three men's singles and second-ranked men's doubles pair Liang Wei Keng-Wang Chang.

18.02 / 07:51

Digital economy WhatsApp wellness country reports recommendations Japan announces its digital nomad visa. Here are all the details

Japan has unveiled plans to issue six-month visas catering to digital nomads with an annual income of ¥10 million ($68,300) or more. The initiative is slated to commence by the end of March. According to a Japan Times report, digital nomads, individuals who work remotely while moving between locations for short or medium-term stays, from 49 countries and territories, will be eligible for the «specified activities» visa category. This extends to self-employed applicants as well. Countries and territories eligible for this program have existing tax treaties and agreements that eliminate the need for short-term visas with Japan, including the U.S., Australia, and Singapore.

17.02 / 15:39

Cooper Align Trade stage country gatherings International Indian Navy’s Role in Nation Building Through International Diplomacy – MILAN 2024

The vast expanse of the maritime domain has long served as a conduit for global interaction, linking nations across continents. As such, navies worldwide have played a pivotal role as ambassadors, representing their countries’ diplomatic endeavors on the international stage. Situated strategically, the Indian subcontinent has historically been a hub for trade and international relations, facilitating the exchange of cultures, resources, assets, and ideas. In this context, the Indian Navy has emerged as a cornerstone of India’s efforts to maintain diplomatic relations with other nations, both militarily and diplomatically.

17.02 / 13:49

SUN Action Racing WhatsApp tennis stars Indian men's team beats Chile 3-0 in World TT Team Championships opener

World Table Tennis Team Championships campaign on a winning note here on Saturday. Star Indian paddler Sharath Kamal, ranked 95, started off the proceedings in dominant fashion, racing to a 11-5 11-8 11-6 win over world number 53 Nicholas Burgos. India's top-ranked paddler and reigning national champion Harmeet Desai continued the momentum, beating the lowly-ranked Gustavo Gomez for a facile 11-8 11-7 11-6 win. G Sathiyan was stretched in the first game by Olivares Felipe but the Indian paddler battled it out to seal the tie with a 12-10 11-8 11-8 victory.

17.02 / 13:05

Netflix film love stage stars reports Schools Netflix Teen K-Drama Hierarchy: Check out the 2024 release date and more details

Hierarchy, the thrilling new K-drama series with an amazingly talented cast of young stars, is at present filmed for Netflix. Hierarchy is an upcoming South Korean Netflix Original K-drama teen series which has been written by Bae Hyun Jin with Choo Hye Mi being the director of the same. The series is produced by Studio Dragon according to a report on What's on Netflix.

16.02 / 19:41

Cooper security Trade country electronic rights Pharmaceuticals Govt Plans to designate rare earth, pharma & IT as critical sectors

rare earth minerals, electronics and pharmaceuticals as critical sectors to secure them against any future supply chain disruption. The move comes ahead of the Supply Chain Resilience Agreement of the 14-member Indo-Pacific Economic Framework (IPEF) entering into force next week. As per the agreement, the member countries have to identify critical sectors and key goods for cooperation upto 120 days after the date of the entry into force. The agreement will enter into force on February 24, 2024.

16.02 / 16:33

Man Netflix WhatsApp song reports Updates A Killer Paradox - Season 2: Check out the renewal status on Netflix

A Killer Paradox – Season 1 is at present available for streaming on Netflix. Given the several twists and interesting turns portrayed in the last episode, fans are now anticipating a second season of the K-drama series, though no update regarding the same has been shared by Netflix yet as reported by What's on Netflix. Lee Chang Hee, of Strangers from Hell has directed the South Korean thriller series – A Killer Paradox with Kim Da Min writing the screenplay for the same. The series has been adapted from Sarinjaonnangam, the Korean webtoon which was released globally on February 9th, 2024.

16.02 / 14:31

COST Citi Trade Department Investigations International Cleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling

Cleveland-Cliffs is shutting down a northern West Virginia tin production facility indefinitely and plans to lay off 900 workers

16.02 / 08:09

markets Provident Maxim economy Enterprise wellness country Emergence of Mid-cap and Small-cap funds in India

Unit Linked Insurance (ULIP) plans. The AUM of the Indian MF Industry has grown from ₹9.03 trillion as on January 31, 2014 to ₹52.74 trillion as on January 31, 2024 around 6 fold increase in a span of 10 years. The Indian Insurance market is expected to reach US$ 200 billion by 2027 and the country is the ninth-largest life insurance market globally.

16.02 / 06:11

markets Nikkei trends Trade show track record high Asian stocks Asian stocks edge higher; Japan’s Nikkei in sight of record high

Investing.com-- Most Asian stocks rose on Friday tracking a strong lead-in from Wall Street, while Japan’s Nikkei 225 index extended its run of strong gains and was now trading within spitting distance of a record high.

16.02 / 03:19

Platform awards community Celebrity stars K-pop Stars Choi Si-won, Cho Hyun-young Deny South Korean ‘Scam Coin’ Involvement

K-pop stars Choi Si-won and Cho Hyun-young have denied allegations that they were involved in promoting so-called South Korean “scam coins.”

16.02 / 02:25

markets UPS Apple Nikkei wellness Trade reports Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US retail sales to spike in oil prices

Sensex gained 227.55 points, or 0.32%, to close at 72,050.38, while the Nifty 50 ended 70.70 points, or 0.32%, higher at 21,910.75. “With the end of Q3 result season, the focus is now shifting to fundamentals and economic macro data. Domestic equities are taking support from better-than-expected inflation which would keep the trend positive.

15.02 / 00:01

Platform Police Photos stars Courts Investigations South Korean Police Arrest Suspects in Winnerz-linked ‘Scam Coin’ Case

A suspected scam coin operator was arrested in Gimpo, Gyeonggi Province, South Korea – in a case that appears to be linked to the controversy surrounding the blockchain firm Winnerz.

14.02 / 19:41

MET Manufacturing CEO security President country Poland's president meets Lockheed Martin CEO about further investment in military weapons

Poland’s National Security Bureau says the country's president has met the CEO of U.S. manufacturer Lockheed Martin about strengthening security in the region and continued U.S. investment in Poland’s military weapons and equipment

14.02 / 16:11

Crypto Exchanges Reported Over 16,000 Flagged Transactions to South Korean Authorities

South Korean crypto exchanges reported over 16,000 transactions to local authorities in 2023, an increase from previous years.

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