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Tag: South Korea

Posted on January 17, 2025

Cold cereal and a blanket on the floor: How South Korea is holding a president

Yoon Suk Yeol this week became South Korea’s first sitting president to be detained. The Seoul Detention Center is a far cry from his official residence.
Posted on January 16, 2025

North Korea denounces US for sending aircraft over Korean peninsula, KCNA reports

North Korea denounced the United States for sending military aircraft over the Korean peninsula several times this month, as well as the U.S., Japan and South Korea for holding an air military …

( read original story …)



Posted on January 16, 2025

South Korea’s Largest Crypto Exchange Upbit Ordered To Suspend Business

Upbit is South Korea’s largest crypto exchange and the sixth-largest by trading volumes globally. Investigators have discovered 500,000 – 600,000 breaches of customer identification processing.
Posted on January 16, 2025

Political instability and a falling won: what lies ahead for South Korea’s economy?

South Korea’s economy is deteriorating, squeezed by political instability and a weakening currency. The won has lost over 12% of its value against the dollar in 2024, making it Asia’s worst-performing …
Posted on January 16, 2025

Political instability and a falling won: what lies ahead for South Korea’s economy?

South Korea’s economy is deteriorating, squeezed by political instability and a weakening currency. The won has lost over 12% of its value against the dollar in 2024, making it Asia’s worst-performing …
Posted on January 16, 2025

Upbit, South Korea’s Largest Crypto Exchange, May Face Sanctions in the Country: Report

Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.
Posted on January 16, 2025

Upbit, South Korea’s Largest Crypto Exchange, May Face Sanctions in the Country: Report

Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.
Posted on January 16, 2025

South Korea’s central bank freezes rates amid weakened economy and political turmoil

By bno – Taipei Bureau South Korea’s central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country’s economic performance. This decision follows …
Posted on January 16, 2025

South Korea’s central bank freezes rates amid weakened economy and political turmoil

By bno – Taipei Bureau South Korea’s central bank has opted to keep its benchmark interest rate unchanged at 3% despite mounting concerns over the country’s economic performance. This decision follows …
Posted on January 16, 2025

South Korea’s President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree

This was the second bid to arrest the impeached president, following a failed attempt on Jan.3 when agents from South Korea’s Presidential Security Service had blocked investigato …

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