** South Korean shares ended marginally lower on Tuesday as investors stayed cautious amid real estate troubles in China. ** The won dropped the most in a month while the benchmark bond yield rose. ** …
South Korea Plans Bill to Track and Freeze North Korean Crypto Assets Funding Weapons Programs
The South Korean government is reportedly preparing to introduce legislation aimed at tracking and freezing North Korean cryptocurrency and virtual assets used to finance illicit weapons … assets …
South Korea says it’s making efforts to transfer Iran’s frozen funds
Efforts are under way to transfer Iran’s funds that had been frozen in South Korea, foreign minister Park Jin said, after Teheran reached a deal with the United States to release American citizens in return for freeing Iranian assets.
Effects of China slowdown spreading
The situation is being regarded with increasing alarm in the South Korean political establishment and the country’s finance ministry has set up a special task force to monitor the economic situation …
Effects of China slowdown spreading
The situation is being regarded with increasing alarm in the South Korean political establishment and the country’s finance ministry has set up a special task force to monitor the economic situation …
South Korea’s Inflation Quickens Above Forecast, Keeping Policymakers on Watch
SEOUL (Reuters) – South Korea’s annual consumer inflation accelerated to 3.4% in August while the month-on-month rate was the fastest since early 2017, which should keep policymakers on alert for any sustained uptick in prices. The Bank of Korea (BOK …
South Korea’s FX reserves drop to 9-month low on market intervention
SEOUL, Sept 5 (Reuters) – South Korea’s foreign exchange reserves dropped in August to the lowest level in nine months, central bank data showed on Tuesday, as authorities intervened in the currency market to curb the won’s weakness. Foreign exchange …
South Korea looks to prevent closure of its largest drug rehab
Top of FormThe Health Ministry of South Korea is considering steps to evade the shut-down of Incheon Chamsarang Hospital, the largest drug addiction treatment hospital in the greater Seoul area, reported Korea JoongAng Daily.
(LEAD) S. Korea’s consumer prices up 3.4 pct in Aug.
SEOUL, Sept. 5 (Yonhap) — South Korea’s on-year consumer price growth surpassed 3 percent in August after falling below the mark for two consecutive months amid higher prices of agricultural and manufactured goods, data showed Tuesday. Consumer prices …
Animoca Brands and Tiger Research Forge Strategic Web3 Alliance in South Korea
Tiger Research, an expert in the Asian Web3 market advisory, and Animoca Brands, a front-runner in digital property rights for the gaming sector and the expansive metaverse, publicized their mutual …