South Korea Financial News

23.09 / 04:01

UPS NIFTY SENSEX President country D-Street extends losses for 4th day on outflows, oil highs

oil prices weighed down investor sentiment. The losing run resulted in the benchmark indices shedding about 2.7% this week — their highest weekly loss since February. NSE's Nifty fell 68.10 points, or 0.34%, to close at 19,674.25.

22.09 / 22:33

Blockchain Entertainment Ava Labs show concert jazz prevention South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets

South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app.

22.09 / 18:27

Entertainment BTS band country classical singer musician BTS member Suga begins South Korea's military service but deems unfit for combat duty. Details here

military service in the country. But Suga is not the first singer of the band to join the military duty. Jin and J-Hope are already serving at army bases. Jin was the oldest and the first BTS member to serve in the military.

22.09 / 14:45

UPS Binance Platform Action Fighting testing Meme Kombat ImmutableX Is It Too Late to Buy ImmutableX? IMX Price Rockets Up 30% as Whales Start Accumulating and Meme Kombat Could Be the Next Crypto to Explode

IMX has exploded +30% over-night in a sensational move driven by a massive influx of volume on South Korean crypto markets, the native token of the ImmutableX NFT platform is now poised to test resistance at the 200DMA - leaving some asking 'is it Too Late to Buy ImmutableX'?

22.09 / 07:05

Reuters Apple Samsung show country reports Apple's market share in India set to rise as iPhone 15 lineup goes on sale today

Reuters. The report also notes that demand for Apple's iPhone 15 Pro and Pro Max models is high, with waiting times rising to the end of October, similar to trends in China and the US.

22.09 / 03:45

Action SPY President Experts Deal Warning North Korea's Kim Jong Un orders steps to boost ties with Russia amid US, Seoul warning of weapons deal

UN Security Council resolutions that ban any weapons trade with North Korea. Russia, a permanent member of the UN Security Council, voted for those UN resolutions.

22.09 / 03:45

COST Boeing NIFTY SENSEX 5 things that changed for market overnight: Gift Nifty, BoE monetary policy to global market cues for Sensex today

Indian stock market indices are expected to open lower Friday tracking weakness in global peers amid worries over interest rates staying higher for longer that sent treasury yields soaring. Asian markets traded lower, while the US stock markets ended with steep losses overnight. The domestic benchmark equity indices witnessed an all-round selloff on Thursday with the Nifty 50 and Sensex ending in the negative territory for the third consecutive session.

22.09 / 01:55

Blockchain Citi Digital Platform reports South Korean’s Busan to Launch Digital Assets Trading Platform ‘This Year’

The South Korean city of Busan says it will launch a long-awaited blockchain-powered digital assets trading platform before the year is over.

21.09 / 18:17

Twitter Aave Best crypto to buy today Crypto Payment Algorand Bitcoin ImmutableX Best Crypto to Buy Now September 21 – ImmutableX, Algorand, Aave

Intrigue is swirling after X's inaugural Client Council event provided insight into the platform's ambitions to evolve into "The Everything App," with many in crypto circles dissecting hints about potential peer-to-peer payment options.

21.09 / 12:19

COST UPS economy Parke Samsung President South Korea’s government and business are over-close

chaebol, family-run conglomerates that form the backbone of South Korea’s economy, and the government. On June 20th the World Bank’s arbitration forum ruled that South Korea’s government had left Elliott Investment Management, an American hedge fund, out of pocket by improperly meddling in a merger between two units of Samsung. The deal in 2015 between Samsung C&T and Cheil Industries was seen as an attempt to ensure a smooth succession between Mr Lee and his son, Lee Jae-yong.

21.09 / 08:21

Ethereum Adoption Busan is developing an Ethereum-compatible mainnet to become a 'Blockchain City'

South Korea's second-largest city Busan is developing a public blockchain network compatible with mainstream blockchain platforms such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain mainnets onto a single platform at a city level and develop Busan into a Blockchain city.

21.09 / 04:53

Provident Lowe's Gap economy show Asia FX slides, dollar strong after Fed flags higher rates

Investing.com-- Most Asian currencies tumbled on Thursday, while the dollar rose to six-month highs after the Federal Reserve warned that U.S. interest rates will remain higher for longer.

21.09 / 03:15

Lowe's Nikkei KOSPI performer track Asian stocks Asian stocks battered by hawkish Fed; More rate decisions awaited

Investing.com-- Most Asian stocks sank on Thursday as the prospect of higher U.S. interest rates crimped the appeal of risk-driven assets, with focus now turning to more upcoming central bank rate decisions in the region.

21.09 / 02:23

Lowe's Reuters NIFTY SENSEX reports 5 things that changed for market overnight: Gift Nifty, US Fed policy to global market cues for Sensex today

Indian stock market indices Sensex and Nifty50 are expected to open lower on Thursday tracking weakness in global peers. The Asian markets traded lower, while the US markets ended in the red after the US Federal Reserve Chair Jerome Powell announced a hawkish monetary policy. The US Fed kept the benchmark interest rates unchanged at a 22-year high of 5.25% to 5.5%, but said it will raise interest rates one more time this year.

20.09 / 21:53

COMPOSITE Nikkei TSX recommendations US stocks Global markets update: US stocks decline as Fed hints it may hike rates again

Real estate stocks gained 2.2%. Euro zone banks surged 2%, on UniCredit’s 4.7% rally. Canada stocks pared its earlier gains to end down on Wednesday.

20.09 / 17:13

Tax foreign 70% of South Korean Reported Foreign Assets Are Crypto- Here’s More

South Korea’s crypto adoption grows as authorities disclosed that 70% of the nation’s reported overseas assets are cryptocurrencies.

20.09 / 08:41

regulation Investments Bitcoin Agency Tax Agency Crypto makes up 70% of South Korea's reported overseas assets: Tax agency

Cryptocurrencies like Bitcoin (BTC) accounted for the largest share of South Korea’s reported overseas assets in the latest report by the country’s tax organization.

20.09 / 07:01

COST COMPOSITE Parke show Stock market today: Asian shares decline ahead of Fed decision on rates

Asian shares are mostly lower as markets await a decision by the Federal Reserve on interest rates

20.09 / 03:03

UPS Lowe's Ripple Fighting country View: The economics story China doesn’t own

China's economic slowdown has rippled through Asia. Tourists aren't flocking to Thai beaches or Singaporean malls in the numbers anticipated. Factories are struggling, and there are questions about whether Beijing can bankroll public works in the manner to which the neighborhood has become accustomed. One glaring omission from the list of spillovers: interest-rate cuts. Despite the country's heft, China's travails aren't translating into easing in its backyard.

20.09 / 02:09

NIFTY SENSEX show track 6 things that changed for market overnight: Gift Nifty, US Fed meet to global market cues for Sensex today

Indian stock market indices, Sensex and Nifty are expected to open lower on Wednesday tracking weakness in global peers. Asian markets traded lower, while the US stock market indices ended in the red overnight. Indian markets were shut for a holiday on Tuesday.

19.09 / 14:07

UPS NASDAQ DOW COMPOSITE Wall street opens on a muted note ahead of Fed policy meet

Fed policy meeting, stocks are drifting again in the US stock market. The S&P 500 was off 0.2% early Tuesday. The Dow slipped 37 points and the Nasdaq composite was down 0.4%.

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