South Korea Financial News

13.11 / 05:35

business Adoption regulation Bithumb plans to be first crypto exchange listed on Korea stock market: Report

Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market.

13.11 / 03:23

BTS band Latin reports acquires K-Pop's Hybe, behind BTS, acquires Latin music label

SEOUL (Reuters) — South Korea's largest music label Hybe Co, behind K-Pop supergroup BTS, said on Monday it acquired the music label of Spanish-language media company Exile Content in its first major foray into the Latin music market.

13.11 / 03:23

Citi Manufacturing Tesla Hyundai Chevrolet country Hyundai Motor breaks ground on $1.5 billion EV plant in South Korea

By Heekyong Yang

13.11 / 02:23

Reuters Platform WhatsApp NVIDIA Nikkei Illumina show moody’s Weekend 6 things that changed for the stock market over weekend - Gift Nifty to Moody’s US outlook cut

HDFC Securities. Read here: Diwali Muhurat Trading 2023: Nifty 50 jumps 100 points; Sensex closes at 65,259 Here are key global market cues Sensex today: Asian markets traded mostly higher on Monday following a tech-driven rally on Wall Street on Friday. Japan’s Nikkei 225 rallied 0.96% and the Topix gained 0.50%.

13.11 / 01:11

Fraud Discover President country reports travelers ‘Suspected Crypto Fraudster’ Joined South Korean President’s State Visit to Saudi

A suspected crypto fraudster accompanied South Korean President Yoon Seok-yeol on a state visit to Saudi Arabia last month.

12.11 / 07:12

Google Apple Discover show Inside 2020 Department Inside Google’s mothballed plans to quit search in Australia

Google’s threat to withdraw from Australia over laws that would force it to pay for new content was not an idle one – it even designed what users would see instead, internal emails filed in a major court case in the United States reveal.

11.11 / 15:55

Aviat Gap Airlines Align country reports guidelines Bangladesh grapples with soaring dollar prices amid illegal trading

The US dollar crisis in Bangladesh has intensified as the open market rate soared to Tk128 per dollar Today, a sharp increase from the rate earlier in the week. Despite the Bangladesh Bank's (BB) stringent directives and warnings of harsh penalties for non-compliance, banks and money changers continue to bypass BB's fixed exchange rates, leading to a surge in illegal currency trading.

10.11 / 23:01

Platform economy Tesla Koc Holding revokes pact with Ford, LG Energy Solution for Turkey battery JV

By Ebru Tuncay and Heekyong Yang

10.11 / 14:41

Citi Provident Death Instagram blues singer reports K-pop artist Nahee passes away at 24; her last Instagram post goes viral

K-pop singer and songwriter Nahee has tragically passed away at the age of 24. The cause of her death has not been disclosed by her family, and her agency has not provided details about the sudden loss. Nahee's final post on Instagram, shared on November 7, just hours before her passing on Wednesday, has since gone viral.

10.11 / 09:45

crypto tax Framework South Korea Joins Global Community for Crypto Asset Reporting Framework Push

South Korea has joined a group of 48 nations, calling for the promotion of an international framework for cryptocurrency reporting.

10.11 / 05:05

Gap economy Asia FX muted, dollar strong as Powell downplays rate pause bets

Investing.com-- Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from Federal Reserve officials saw traders reassess expectations of no more interest rate hikes.

10.11 / 05:05

economy Nikkei show performer track country electronic Asian stocks Asian stocks slide as Fed fears resurface, tech hit by weak earnings

Investing.com-- Most Asian stocks fell on Friday tracking hawkish signals on U.S. interest rates, while weak earnings from industry majors including Softbank and SMIC weighed on broader technology stocks.

10.11 / 05:05

Manufacturing Apple show track electronic testing Asian chipmakers slide tracking 80% profit slump in China’s SMIC

Investing.com-- Major Asian chipmaking stocks sank on Friday, tracking a steep decline in Semiconductor Manufacturing International Corp (HK:0981) after China’s biggest chipmaker logged a 80% slide in its quarterly profit amid worsening demand.

10.11 / 02:09

Reuters WhatsApp Nikkei show track reports Department 6 things that changed for the stock market overnight - Gift Nifty to hawkish Fed Chair Jerome Powell

global markets after hawkish comments from the US Federal Reserve Chairman Jerome Powell. Asian markets traded lower, while the US stocks ended in the red overnight as treasury yields rose after the Fed Chair signaled that the central bank may need more interest rate hike to bring down inflation. On Thursday, the domestic equity benchmark indices ended lower amid mixed global cues.

10.11 / 01:37

BTC Platform Upbit song information Head of South Korea’s Biggest Crypto Exchange ‘Not Guilty’ of Data Manipulation

The head of Dunamu, operator of South Korea’s market-leading Upbit crypto exchange, has been found not guilty of manipulating platform data.

09.11 / 22:13

Man Manufacturing Southern Death country reports Department An industrial robot crushed a worker to death at a vegetable packing plant in South Korea

Police say an industrial robot crushed a worker to death at a vegetable packaging plant in South Korea

09.11 / 20:57

Citi Reuters Parke Metro hospital outbreak reports South Korea declares war on bedbugs after unusual outbreak

Paris 2024 Olympics. Traditional Korean spa called "jjimjilbang" in Incheon, west of Seoul, and a college dorm in the southeastern city of Daegu reported the bedbug outbreak, Reuters reported, citing officials.

09.11 / 10:27

Provident Google Apple Qualcomm reports Samsung dives into Mixed Reality headset league with ‘Infinite,’ an Apple Vision Pro competitor: Report

Apple Vision Pro, Samsung's XR headset might also see its debut in late 2024. Previous reports from HT Tech suggested that Samsung is collaborating with Google and Qualcomm in creating this mixed-reality headset. Reportedly, the intended product launch, initially planned for this year, was postponed due to the announcement of Apple's Vision Pro and its upcoming release.

09.11 / 04:53

Waves Nov President performer song choir Royal pomp and ceremony planned for South Korean president's state visit to the UK

King Charles III has immersed himself in London’s vibrant Korean scene before the state visit later this month of South Korean President Yoon Suk Yeol

09.11 / 02:51

economy Remark WhatsApp Take-Two Nikkei show recommendations 7 things that changed for the stock market overnight - Gift Nifty to drop in US Treasury yields and oil prices

US Federal Reserve officials and softer labor data led to growing expectations the central bank had reached the end of its rate-hike cycle. On Wednesday, the domestic equity markets closed with nominal gains amid mixed global cues. The Sensex ended 33.21 points, or 0.05%, higher at 64,975.61, while the Nifty 50 gained 36.80 points, or 0.19%, to settle at 19,443.50.

09.11 / 00:49

Blockchain FIVE Digital Coinone Gaming Wemade Gaming Giant WeMade’s ‘Controversy-hit’ Token ‘Relisted’ in South Korea

The South Korean gaming behemoth WeMade has scored a success by securing a new domestic crypto exchange listing for its WEMIX coin.

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