SK Hynix (SKHYV, SKHY) made its impressive Nasdaq (^IXIC) debut on Friday, but the South Korean shares (000660.KS) are now plunging. Yahoo Finance Senior Business Reporter Ines Ferré and AInvest …
South Korea launches digital nomad visa: 3-year stay, relaxed income requirements; Here’s who qualifies
The visa allows foreign nationals who work for overseas employers or own foreign businesses to live in South Korea while working remotely. It does not permit employment with Korean companies …
Indonesia’s Alamtri starts aluminium exports, ships metal to the US
LONDON, July 9 (Reuters) – A smelter owned by mining and energy group PT Alamtri Resources Indonesia made its first aluminium exports in June, shipping to the U.S. and South Korea, according to Export …
South Korea’s KOSPI drops 20% from June record close as chipmakers drag
By Jihoon Lee and Yena Park SEOUL, July 8 (Reuters) – South Korea’s benchmark KOSPI stock index fell more than 5% on Wednesday, dropping more than 20% from a record close in late June and signalling …
Philippines, South Korea scaling up economic cooperation
MANILA, Philippines — The Philippines and South Korea are scaling up economic cooperation through strategic investments under the Luzon Economic Corridor (LEC) and potential collaboration on nuclear …
Mirae Asset wins Korea’s approval to buy Korbit in a TradFi-crypto first
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 …