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Tag: South Korea

Posted on July 13, 2023

Indiana opens South Korea office to attract foreign investments into state’s energy, electric vehicle sector

A South Korea office has been opened in Indiana to attract foreign investments into the state’s energy, as well as the semiconductor and electric vehicle sectors.
Posted on July 13, 2023

South Korea to let overseas firms enter its FX market: report

Authorities target its implementation by Q4. South Korea has floated plans to allow overseas financial firms to participate in its foreign exchange (FX) market in the last three months of 2023, …
Posted on July 13, 2023

South Korea to let overseas firms enter its FX market: report

Authorities target its implementation by Q4. South Korea has floated plans to allow overseas financial firms to participate in its foreign exchange (FX) market in the last three months of 2023, …
Posted on July 13, 2023

South Korea’s household loans rise 3.5% in June

Demand for bogeumjari loans and jeonse loans drive mortgage loan demand. Household loans extended by banks in South Korea rose for the third straight month in June. Banks saw a $4.63b (KRW5.9t) rise …
Posted on July 13, 2023

Exclusive: South Korea asks banks to prepare $4 billion to support credit union, sources say

South Korea’s financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer withdrawals, two banking sources …
Posted on July 12, 2023

S.Korea’s Yoon asks Japan for OK to send experts to monitor Fukushima water release

South Korean President Yoon Suk Yeol asked to send South Korean experts to monitor the planned release of water from Japan’s tsunami-hit Fukushima nuclear plant during a meeting on Wednesday with the Japanese prime minister,
Posted on July 12, 2023

Indiana opens South Korea business office to attract foreign investment

The Indiana Economic Development Corporation says the state has opened an office in Seoul, South Korea, to attract foreign investment to the state’s energy, electric vehicle and semiconductor sectors.
Posted on July 12, 2023

Hyundai Motor union to stage strike in South Korea on Wednesday

Unionised workers at Hyundai Motor Co in South Korea plan to hold a four-hour strike on Wednesday to show solidarity with its umbrella union’s general strike, a spokesperson for Hyundai Motor’s South …
Posted on July 12, 2023

Why Does N.Korea Suddenly Use S.Korea’s Official Name?

North Korean leader Kim Jong-un’s sister Yo-jong in a series of recent tirades referred to South Korea for the first time as the “Republic of Korea,” its official name.The North had always used “South …
Posted on July 12, 2023

North Korea launches long-range missile toward sea

South Korea’s military detected the long-range missile launch from the North’s capital region around 10 a.m., the South’s Joint Chiefs of Staff said in a statement. It said South Korea’s military …

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