Swedish investment firm EQT said on Friday it would invest about $930 million in South Korea’s Douzone Bizon to take up a 37.6 per cent stake in the enterprise software provider, marking one of its …
Japan, South Korea’s Stablecoin Wars Could Redefine Who Controls Money: Banks or Fintechs?
Local currency stablecoins are on the rise across Asia. In Japan and South Korea, financial authorities tend to favor bank-issued stablecoins. But fintech startups are …
Crypto crime from South Korea to Cambodia surged 1,400-fold last year
South Korea’s crypto sector is under heightened scrutiny after transfers to Cambodia jumped 1,400-fold last year, exposing fresh anti-money laundering (AML) challenges for financial regulators. The …
South Korea says North Korea fired 1 ballistic missile toward its eastern waters
North Korea on Friday fired a suspected ballistic missile toward its eastern waters, South Korea’s military said, as Pyongyang steps up its testing activity while talks with Washington and Seoul remai …
Collapse at retired South Korean power plant leaves at least 1 dead, 4 others presumed dead
South Korean officials say a 196-foot tower collapsed during demolition work at a decommissioned thermal power plant in the city of Ulsan, killing one person and leaving at least four others presumed …
South Korea deems building nuclear submarine at home ‘reasonable’
US President Donald Trump announced a week ago that South Korea would build the submarine in a Philadelphia shipyard.
South Korea officials question feasibility of building nuclear submarine in US shipyard
The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok said on Thursday during a …
Boiler Tower at Power Plant in South Korea Collapses, Trapping Workers
The structure was being demolished when it collapsed. Two people were rescued, one was found in the rubble and six more were believed to still be buried.
Hegseth says US-South Korea alliance focused on North Korea but ‘flexibility’ needed
The United States will look at “flexibility” for its troops stationed in South Korea to operate against regional threats, but the focus of the alliance will remain on deterring North Korea, U.S.
Trump given golden crown in South Korea with trade deal ‘pretty much finalised’ but not signed
It has been tricky to strike a deal with South Korea, with the sticking point being Trump’s demand for $350 billion of direct investment in the US.View on euronews …