On July 9, the Fair Trade Commission of South Korea (KFTC) approved Mirae Asset Consulting’s acquisition of 92.06% of the cryptocurrency exchange Korbit. This is the first time that a subsidiary of a …
Philippines, South Korea reaffirm economic ties with new investment push
The Philippines and South Korea reaffirm economic cooperation through new investments in semiconductors, shipbuilding, rail infrastructure and nuclear energy, the Department of Finance says.
South Korea, US and Japan agree to cooperate on SMR deployment, Seoul says
SEOUL, July 8 (Reuters) – The foreign ministers of South Korea, Japan and the U.S. signed an agreement to cooperate on the deployment of small modular reactors in third countries on the sidelines of …
South Korea to closely watch risks around stock market volatility
SEOUL, July 8 (Reuters) – South Korea’s finance minister agreed on Wednesday with other economic policymakers to closely monitor risk factors that could heighten stock market volatility, the ministry …
Global market: South Korea steps up market monitoring as chip-driven volatility rattles stocks
South Korean economic officials will closely monitor factors causing market volatility. Sharp swings in chip shares have unsettled investors and caused market fluctuations. Increased profit-taking and …
Top diplomats of S. Korea, U.S., Japan to meet in Turkey on sidelines of NATO summit
The top diplomats of South Korea, the United States and Japan plan to meet in Turkey on Tuesday for talks on regional and global affairs, Seoul’s foreign ministry said.
Chief Market Strategist Says Japan and South Korea Could Be Flashing Early Warning Signs for Investors
Miller Tabak Chief Market Strategist Matt Maley believes investors should keep a close eye on two often-overlooked warning signs: the Japanese yen and South Korea’s KOSPI index. During CNBC’s Morning …
XRP Ripple Explodes In Korea: XRP Volumes Detonate BTC and ETH on Upbit
XRP Ripple has reclaimed the top spot on Upbit, South Korea’s largest cryptocurrency exchange, with $52.33M in 24-hour trading volume, outpacing Bitcoin at $42.14M and Ethereum at $24.30M on the same …
South Korea’s $590B Chip Bet Has Semiconductor ETFs Buzzing, but Memory Cycles Have Burned Believers Before
The South Korean Ministry of Trade, Industry and Resources (MOTIR) announced a $590 billion A.I. and HBM Chip production initiative – but market reaction has been mixed.
Japan backs Micron AI memory push in Hiroshima
Japan is backing Micron’s $9.3 billion Hiroshima expansion as it seeks to become an AI memory hub and challenge South Korea’s lead in HBM.