News South Korea: South Korea's President Lee says U.S. investment demands would spark a financial crisis
South Korea's economy could fall into crises rivaling its 1997 meltdown if the government accepts current U.S. demands in stalled trade talks without safeguards, President Lee Jae Myung told Reuters.
News South Korea: Analysis: Can Woori Financial break into Korea's top ranks?
SEOUL, July 3 (UPI) --South Korea's Woori Financial Group has officially acquired two South Korean life insurance companies, Tongyang and ABL, from China's Dajia Insurance Group for $1.1 billion.
News South Korea: North Korea launches 10 ballistic missiles during US-South Korea military drills
North Korea fired a barrage of 10 ballistic missiles Saturday — the largest single salvo Pyongyang has launched in nearly two years. The missiles were fired from the Sunan area near Pyongyang and ...
News South Korea: Lee Jae Myung's approval climbs to record high amid economic focus
President Lee Jae Myung’s approval rating has climbed to a new high of 67 percent, extending a steady upward streak, a poll showed Friday, with economic managem ...
News South Korea: Hana Financial to set up $340 mil. fund to back renewable energy, AI industries
Hana Financial Group will set up a 500 billion won ($340 million) infrastructure fund to invest in renewable energy and artificial intelligence (AI...
News South Korea: Hana Bank to offer $104 mil. financing for SMEs in Jeolla region
Hana Bank said Tuesday it will provide 155.6 billion won ($104 million) in financing support for small and medium-sized enterprises (SMEs) in North...
News South Korea: Aedan Looking Glass Inc. Signs Agreement for 200MW Data Center Project in South Korea
Aedan Looking Glass Inc. Signs Agreement for 200MW Data Center Project in South Korea ...
News South Korea: President Lee: "We Must Seriously Consider Creating a Massive Economic Zone by Integrating North and South Chungcheong and Daejeon"
On March 13, President Lee Jaemyung stated, "Residents of North and South Chungcheong Provinces, as well as Daejeon, should seriously consider whether ...
News South Korea: (2nd LD) AMD CEO discusses AI ties with S. Korean gov't, businesses
SEOUL, March 19 (Yonhap) -- Lisa Su, chief executive officer (CEO) of Advanced Micro Devices (AMD) Inc., met with officials from the South Korean government, Samsung Electronics Co. and Upstage on ...
News South Korea: South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report
Mirae Asset, a Seoul-based financial group, is considering buying South Korean cryptocurrency exchange Korbit, the Korea Times reported on Monday. The company is in talks to acquire 92% oof Korbit for ...
News South Korea: South Korea fines Bithumb $24 million, orders 6-month partial suspension over AML violations
The sanctions stem from violations of the Act on Reporting and Using Specified Financial Transaction Information, the Financial Services Commission said, according to local media.
News South Korea: South Korea
After emerging from the 1950-53 war with North Korea, South Korea emerged as one of the 20th century’s most remarkable economic success stories, becoming a developed, globally connected, high-technology society within decades.
News South Korea: 10 Best Korean Stocks to Buy
South Korean equities suffered their worst single-day loss on record on March 4, according to a Reuters report.
News South Korea: South Korea moves to exclude USDT, USDC from corporate crypto investment rules
South Korea's stablecoin exclusion guidelines limit corporate investments in USDT, USDC due to foreign exchange law conflicts.
News South Korea: South Korea’s Largest Financial Institution Teams up With Circle To Accelerate Stablecoin Payments
Hana Card launched a program offering 5% CRO cashback on USDC-funded Visa payments for tourists in South Korea. South Korea is refining its Digital Asset ...
News South Korea: South Korean economy braces for Middle East fallout, banks step in
South Korea’s financial sector is preparing for potential fallout from escalating conflict in the Middle East, with major banking groups rolling out emergency s ...
News South Korea: South Korea central bank holds rates, adopts dot-plot path signaling extended pause
The Bank of Korea's seven-member monetary policy board voted to keep its benchmark interest rate unchanged at 2.50%.
News South Korea: South Korea's Jeju Air to divest IT unit stake for $30mn
According to a stock exchange filing on February 10, the low-cost carrier will dispose of 7.8 million shares in AK IS at a price of KRW5,550 (USD3.8) per share. The transaction is scheduled to take ...
