South Korea Financial News

30.11 / 17:39

IPO Aware information Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal

Lee Jeong-hoon, the former chairman of Bithumb, one of South Korea's primary cryptocurrency exchanges, faces a potential 8-year prison sentence. The Seoul High Court is expected to deliver its verdict in the appeal case on January 18, 2024.

30.11 / 14:13

Target Manufacturing Align conductor 2024 Gujarat focuses on green hydrogen ahead of Vibrant Gujarat Global Summit 2024

Green Hydrogen and Green Energy Sector across the VGGS Roadshows and Delegation Visits. To incentivize investments in the green hydrogen domain, the Government of Gujarat has introduced a land allotment policy offering benefits to companies engaged in green hydrogen projects.

30.11 / 07:21

Citi Target President show country reports testing South Koreans want their own nukes. That could roil one of the world's most dangerous regions

Dozens of South Korean and U.S. combat engineers build a pontoon bridge to ferry tanks and armored vehicles across the water, all within easy range of North Korean artillery. For seven decades, the allies have staged annual drills like this recent one to deter aggression from North Korea, whose 1950 surprise invasion of South Korea started a war that has technically yet to end. The alliance with the United States has allowed South Korea to build a powerful democracy, its citizens confident that Washington would protect them if Pyongyang ever acted on its dream of unifying the Korean Peninsula under its own rule. Until now.

30.11 / 05:59

Target Nov Nikkei performer country Japan, South Korea stocks set for stellar gains in Nov, China lags

Investing.com-- Japan’s Nikkei 225 and South Korea’s KOSPI were the best performers in Asia in November as the prospect of a less hawkish Federal Reserve boosted risk assets across the region.

30.11 / 05:11

Blockchain Provident Crypto Exchange performer innovations reports Upbit Crypto Exchange Operator Dunamu Suffers 82% Drop in Profits

Dunamu, the South Korean operator of the Upbit crypto exchange, has seen year-on-year profits fall by a staggering 82% in the third quarter of FY2023.

30.11 / 03:31

economy MSCI Nikkei show performer track voice Asia stocks closing in on strongest month since January

By Kane Wu

30.11 / 01:51

Reuters economy Remark WhatsApp Humana Nikkei reports 6 things that changed for the stock market overnight - Gift Nifty to US GDP data

Sensex rallied 727.71 points, or 1.10%, to 66,901.91, while the Nifty 50 closed at 20,096.60 level, up 206.90 points or 1.04%. “We expect the market momentum to sustain over the next few days. However, several important events including India GDP, monthly F&O expiry, state election exit polls and OPEC+ meeting on Thursday could induce some volatility over the last 2 days.

30.11 / 00:57

Citi Cooper Telegram Mobile Police track South Korean Police Arrest 48 in ‘Crypto-powered Drug Trafficking’ Raids

Police in the South Korean city of Daegu say they have raided a “drug trafficking organization” that used crypto as a payment tool – and arrested 48 people.

29.11 / 04:23

Target Manufacturing Enterprise Nikkei show performer country Asian stocks Asian stocks muted as China caution limits Fed pivot cheer

Investing.com-- Most Asian stocks kept to a tight range on Wednesday as caution before key economic readings from China offset growing optimism over an early pivot by the Federal Reserve.

29.11 / 03:05

FIVE Reuters economy Remark WhatsApp Nikkei performer 9 things that changed for the stock market overnight - Gift Nifty to dovish US Fed officials

US Federal Reserve will not raise interest rates further. On Tuesday, domestic frontline indices ended with gains as fag-end buying helped snap two-day losing run despite mixed global cues. The Sensex ended 204.16 points, or 0.31%, higher at 66,174.20, while the Nifty 50 gained 95.00 points, or 0.48%, to close at 19,889.70.

29.11 / 01:47

Cooper economy Parke Experts country reports isolate North Korean special economic zone poised for revival in new Russia trade

By Ju-min Park

28.11 / 17:45

Platform Netflix Death Adventure Actor hymn December 2023 Farewell: Must-watch Originals exiting Netflix

farewell to at least seven Netflix Original titles. In November 2023, two major Netflix Originals bid adieu, including «Passing» removed from Netflix UK on November 10th, and «All Hail King Julien» and «All Hail King Julien: Exiled» leaving Netflix on November 18th.

28.11 / 17:45

Platform Netflix Nov film Actor audience song ‘My Demon’: Here’s what we know about Korean drama’s release date, episode schedule, storyline, cast, streaming platform and more

Netflix debuted the first episode of the Korean drama "My Demon" on November 24, attracting a substantial audience. As of November 27, two episodes have been made available for streaming. The series, following the romantic tale of chaebol heiress Do Do-hee and the powerless demon Jung Gu-won, explores their unlikely love story as their lives become intertwined.

28.11 / 14:53

Blockchain Upbit Upbit parent Dunamu's profits drop 81% in Q3

Dunamu, the owner of Upbit, one of South Korea’s biggest crypto exchanges by trading volume, saw a drop of 81.6% in net profit in the third quarter of 2023 compared to the same period last year.

28.11 / 11:11

Reuters Digital Invesco show performer country Latin 2024 Invesco positive on Asian credit in 2024 as Fed pause looms

By Anisha Sircar

28.11 / 08:45

Target SpaceX Experts performer country testing South Korea delays its own spy satellite liftoff, days after North's satellite launch

SpaceX's Falcon 9 rocket had been scheduled to take place at California's Vandenberg Air Force Base in the United States. The South Korean Defence Ministry said in a brief statement on Tuesday the launch was delayed due to weather conditions. Ministry officials said the launch was tentatively rescheduled for this Saturday but it wasn't a fixed date.

28.11 / 08:19

Citi Landmark Parke BTS Actor Persona rapper High stakes and glitz mark the vote in Paris for the 2030 World Expo host

In a high-profile showdown, Rome, Busan, and Riyadh are the top contenders to host the next World Expo, in 2030, as the organizing body prepares to vote on Tuesday in Paris

28.11 / 07:03

Target Police South Korean Police Shut Down ‘170-victim Robot-themed Crypto Scam’

Police in South Korea have arrested a group of people they suspect of duping 170 “crypto investors” – by posing as cryptoasset-issuing robot developers.

28.11 / 04:51

Waters economy show performer track Low Asia FX rises as easing Fed fears put dollar at 3-month low

Investing.com-- Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates, which in turn put the dollar at a three-month low.

28.11 / 04:05

Provident Target Reuters country reports North Korea's Kim Jong Un's satellite snaps White House, Pentagon

North Korean leader Kim Jong Un has reportedly received images of the White House, Pentagon, and US aircraft carriers captured by the country's newly launched spy satellite, as announced by state media KCNA on Tuesday. As reported by Reuters, the satellite, launched last week, is described by North Korea as a reconnaissance satellite designed for monitoring the military activities of both the United States and South Korea.

28.11 / 03:39

economy Nikkei show performer track Asian stocks Asian stocks creep up with more US, Chinese economic signals on tap

Investing.com-- Asian stocks rose slightly on Tuesday as traders kept to the sidelines before a string of key economic readings from the U.S. and China due later this week, although most regional bourses were sitting on strong gains for November.

what's happening in South Korea

What is the current situation in South Korea?

In South Korea, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about South Korea?

We publish verified updates about the situation in South Korea, based on information from regional journalists.

What shapes the media agenda in South Korea?

The news landscape of South Korea is shaped by the region’s internal dynamics, reflecting its specific characteristics.