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Tag: South Korea

Posted on August 18, 2021

Afghanistan shows need for U.S. to give S.Korea control of troops, lawmaker says

The U.S. withdrawal from Afghanistan underscores the need for South Korea to quickly secure wartime operational control of its troops from the United States, a leader of the ruling Democratic Party …

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Posted on August 18, 2021

What’s Behind LG Leaving Syria?

The South Korean electronics company LG has left Syria due to the collapse of the citizens’ purchasing power, but also due to a dispute between regime figures.

( read original story …)



Posted on August 18, 2021

What’s Behind LG Leaving Syria?

The South Korean electronics company LG has left Syria due to the collapse of the citizens’ purchasing power, but also due to a dispute between regime figures.

( read original story …)



Posted on August 18, 2021

S. Korea Finance Ministry: Cautiously watching possible overshoot in USD/KRW move

An official at the South Korean Finance Ministry said on Wednesday, “he was closely monitoring exchange rates as dollar/won could shoot up further.” “The won was weakening this week mainly as the …

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Posted on August 18, 2021

South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced on 18 August it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By …

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Posted on August 18, 2021

Overseas Crypto Exchanges Are Refraining From Doing Business in South Korea

The deadline for crypto exchanges targeting South Koreans to register before the financial watchdog and getting a license under the new rules is looming.

( read original story …)



Posted on August 18, 2021

Overseas Crypto Exchanges Are Refraining From Doing Business in South Korea

The deadline for crypto exchanges targeting South Koreans to register before the financial watchdog and getting a license under the new rules is looming.

( read original story …)



Posted on August 18, 2021

SoftBank-Backed Karrot Becomes $2.7 Billion Korea Unicorn

The startup behind local-marketplace app Karrot has raised $162 million from investors including DST Global, joining a growing list of unicorns in South Korea that are eyeing global expansion as …

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Posted on August 18, 2021

Operator of South Korea’s Largest Exchange Rolls Out ‘Travel Rule’ Solution in Singapore

The blockchain research arm of Upbit’s operator has launched its VerifyVASP in Singapore, a solution for combating crypto money laundering.

( read original story …)



Posted on August 17, 2021

Seoul mates: Korea retail investors are bankers’ best buddies amid record IPO fees

Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed – and bankers are betting a buzzing deal …

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