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Tag: South Korea

Posted on March 12, 2021

South Korea extends social distancing rules to stamp out infections amid vaccination drive

SEOUL (Reuters) – South Korea will extend social distancing rules with a ban on private gatherings of more than four people in a bid to stamp out the possibility of a fourth wave of COVID-19 …

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Posted on March 12, 2021

Exclusive: Posco’s steel plant in India faces disruption, hampers auto supply chain

Operations at South Korean steelmaker Posco’s plant in the Indian state of Maharashtra have been disrupted due to local protests over labour and other issues, police and sources told Reuters, …

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Posted on March 11, 2021

Coupang, a South Korea e-commerce giant surges in public debut

Coupang (CPNG) shares opened with a bang, surging around 78% in the first minutes of trading in the largest initial public offering on a US exchange this year. Dubbed the Amazon (AMZN) of South Korea, …

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Posted on March 11, 2021

Coupang, the Amazon of South Korea, debuts on NYSE

The biggest IPO in years is rolling out Thursday on the New York Stock Exchange where Coupang, the South Korean equivalent of Amazon in … Coupang says it’s already the third-largest employer in …

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Posted on March 11, 2021

South Korea’s Answer to Amazon Debuts on Wall Street

Coupang, a start-up founded by a Harvard Business School dropout, helped transform e-commerce in South Korea, one of the world’s fastest-growing markets for online shopping.

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Posted on March 11, 2021

One of South Korea’s Largest Dog Meat Auction Houses Closes After Investigation

Animal advocates are celebrating the Nakwon Auction House’s closure. The Namyangju, South Korea dog meat auction house was one of the largest in the country. According to a release from Lady …

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Posted on March 11, 2021

U.N.: Member states can do more on North Korea human rights

March 10 (UPI) –The United Nations could be asking South Korea and other U.N. member states to do more to improve the human rights situation in North Korea– a sensitive topic for Seoul as it seeks …

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Posted on March 10, 2021

South Korea’s Shinhan Bank Builds Pilot Platform for Central Bank Digital Currency

Shinhan Bank has built a pilot platform for a potential South Korean central bank digital … for the issuance of a CBDC by the Bank of Korea (BOK), the Yonhap News Agency reported Monday.

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Posted on March 10, 2021

Crypto Conversation: Israeli Blockchain Becomes a Star in Korea

Orbs was recently in the news for partnering with Binance to fund an accelerator for decentralized finance innovation … in the news however is the fact that Orbs is most popular in South Korea.

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Posted on March 10, 2021

South Korea to Impose Heavy Penalty on Cryptocurrency Violations

According to a recent report published by the Korea Herald, South Korean cryptocurrency exchange Bithumb is restricting crypto trading accounts held by users staying in regions that have not adopted …

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