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Tag: South Korea

Posted on June 25, 2025

Acclime expands into South Korea to grow regional presence

By incorporating South Korea into its regional platform, Acclime strengthens its capacity to offer truly integrated services across Asia, supporting clients at every stage of their regional growth.
Posted on June 25, 2025

‘First’ South Korean medical centre in a Macau casino resort opens at Wynn Palace

Macau-based casino operator Wynn Macau Ltd announced on Tuesday the opening at its Wynn Palace property in the Cotai district of what it described as “the first and only Korean medical centre located …

( read original story …)



Posted on June 25, 2025

South Korea’s central bank wants gradual stablecoin rollout

The Bank of Korea governor Ryoo Sangdai reportedly floated an idea for banks to be the primary issuers of stablecoins in South Korea before gradually rolling out to other sectors.
Posted on June 25, 2025

Eight South Korean Banks Join to Establish Won-Backed Stablecoin, Plans Two Key Models

Eight commercial South Korean banks have joined to establish a won-linked stablecoin comprising two initial models.
Posted on June 24, 2025

North and South Korea: Understanding History of Conflict

The uneasy truce between the nuclear-armed North and the US-allied South remains one of the most vexing security concerns for the world.

( read original story …)



Posted on June 24, 2025

Oil prices drop sharply, and stocks rally worldwide after announcement of Israel-Iran ceasefire

In stock markets abroad, indexes rallied more than 1% everywhere from France to Germany to Japan following the announcement of the Israel-Iran ceasefire. Hong Kong’s jump of 2.1% and South Korea’s …
Posted on June 24, 2025

Exclusive: South Korea plans end to lump-sum retirement payouts for workers

The South Korean government is pushing forward with a major overhaul of how workers receive retirement benefits, aiming to replace the longstanding lump-sum severance system with mandatory …
Posted on June 24, 2025

South Korea’s Hyunmoo-5 spotlighted after first combat use of GBU-57

Interest is mounting in South Korea’s domestically developed bunker-buster missile, the Hyunmoo-5, following the United States’ strike on three Iranian uranium enrichment facilities using the GBU-57, …
Posted on June 24, 2025

President Lee picks South Korea’s first civilian defense chief in 64 years

South Korean President Lee Jae Myung has nominated a five-term liberal lawmaker as defense minister, breaking with a tradition of appointing retired military generals.
Posted on June 24, 2025

South Korea’s new leaders seek continuity on key defense issues

Washington is reportedly reassessing defense cost-sharing agreements with South Korea, and Trump may want significant increases to Seoul’s contributions.

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