Asian shares are mostly higher but South Korea’s Kospi has fallen nearly 5% as investors unload more stocks linked to artificial intelligence.
South Korea to expand use of won-denominated bonds for foreign investors
SEOUL: South Korea’s finance ministry on Sunday (July 19) said it plans to allow foreign financial institutions to borrow in won through temporary overdrafts and allow them to use won-denominated …
South Korea to expand use of won-denominated bonds for foreign investors
SEOUL: South Korea’s finance ministry on Sunday (July 19) said it plans to allow foreign financial institutions to borrow in won through temporary overdrafts and allow them to use won-denominated …
How a dispute over e-commerce firm Coupang is testing US-South Korea ties
By Kyu-seok Shim SEOUL, July 17 (Reuters) – South Korea’s decision to fine e-commerce firm Coupang over a data leak has drawn criticism from Washington and raised questions about the country’s …
North Korea calls Seoul a ‘puppet’ for its role in US maritime exercise
By Hyeyoon Cho SEOUL, July 17 (Reuters) – North Korean state media on Friday called South Korea a “puppet” following its participation in a maritime exercise led by the U.S., saying Seoul and …
South Korea, U.S., Japan military chiefs reaffirm cooperation against N. Korea
The top military officers of South Korea, the United States and Japan reaffirmed their commitment to closer security cooperation against North Korean threats, Seoul said Thursday.
South Korea to ban new listings of single-stock leveraged ETFs
By Heejin Kim, Sherin Sunny and Cynthia Kim SEOUL, July 16 (Reuters) – South Korea said on Thursday it will temporarily ban new listings of exchange-traded funds (ETFs) that are tied to certain major …
Is South Korea Hostile to U.S. Businesses?
A report from Congress accuses Seoul of targeting Coupang, a Seattle-based e-commerce company.
South Korea-US team unveils robotic technology that dresses the wearer
By Minwoo Park DAEJEON, South Korea, July 17 (Reuters) – A team of South Korean and U.S. researchers has unveiled a robotic technology that allows a person to suit up without using their hands or aid …
Trump Paid $2 Million by South Korean Company Facing Trade Investigation
The payment illustrates the minefield Mr. Trump has created by maintaining personal financial ties with foreign businesses while he is in office.