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Tag: South Korea

Posted on September 22, 2023

Thirty buyers snapped up 8,000 South Korea homes in five years

The 30 buyers spent a total of nearly 1.2 trillion won ($900 million) for purchases between 2018 and June 2023, according to Min Hong-chul, a lawmaker of the main opposition Democratic Party, based on …

( read original story …)



Posted on September 22, 2023

After Summit With U.S. and Japan, South Korea Seeks to Shore Up Ties With China Too

South Korea’s envoy to Japan said in an interview that “high-level” talks are underway for a three-nation summit with China to happen this year—and that it wouldn’t affect ties with the U.S.
Posted on September 21, 2023

17 US soldiers accused of smuggling drugs into South Korea by military mail, cops say

Police said a 24-year-old U.S. soldier used the military mail to smuggle synthetic cannabis from the U.S. mainland into South Korea between May and August. He put the drugs in a plastic container and …

( read original story …)



Posted on September 21, 2023

A Korean woman in Japan says she was hospitalized after being served a cup with bleach in it. She’s accusing the restaurant of a hate crime.

The Korean woman said she was hospitalized and diagnosed with acute food poisoning after sipping the drink, per South Korean media.
Posted on September 21, 2023

South Korea braces for prolonged high rates as US Fed maintains policy

After the US Federal Reserve’s decision to maintain its policy rates between 5.25-5.5%, South Korea’s Finance Minister Choo Kyung-ho warned on Thursday that high interest rates could persist longer …
Posted on September 21, 2023

South Korean shares drop over 1% on Fed’s hawkish stance

** South Korean shares lost more than 1% on Thursday, as traders gauged the U.S. Federal Reserve’s more hawkish than expected stance. ** The won weakened to a one-month low, while the benchmark bond …
Posted on September 20, 2023

South Korean city to seize crypto from thousands of tax evaders … – Cointelegraph

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government. The South Korean city of Cheongju, the capital of North …

( read original story …)



Posted on September 19, 2023

Exclusive-UBS names South Korea, India, others as ‘slow’ on Credit Suisse approval

By Engen Tham and Selena Li SHANGHAI/HONG KONG (Reuters) -UBS has identified at least four countries, including South Korea and India, as being “slow” to grant the regulatory approvals needed to …
Posted on September 19, 2023

Exclusive-UBS names South Korea, India, others as ‘slow’ to nod Credit Suisse deal – document

UBS Group AG has identified at least four countries including South Korea and India as “slow” in granting regulatory approvals which it needs to complete its takeover of Credit Suisse, according to an …
Posted on September 18, 2023

Five US citizens land in Qatar as part of US-Iran prisoner swap

A plane sent by mediator Qatar flew the five U.S. citizens and two of their relatives out of Tehran after both sides got confirmation the $6 billion was transferred from South Korea to Qatari accounts …

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