Category: Korea

  • Bank Korea drops phrase ‘upside risks to inflation forecasts have increased’ from statemt

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • South Korea expands currency swap with pension fund as won tumbles By Reuters

    Written by Cynthia Kim SEOUL (Reuters) – South Korea’s foreign exchange authorities said on Friday they had agreed with the National Retirement Authority to expand the currency swap line to $50 billion from the current $35 billion to defend the weakening won against the dollar. “Foreign exchange authorities believe that…

  • Nikkiso Clean Energy & Industrial Gases Group to Deliver around Two Dozen Liquid-Based Hydrogen Stations in South Korea

    This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 19, 2024 • 2 min…

  • Exclusive-South Korea FX authorities aimed to cap dollar-won at 1,385, sources say By Reuters

    Written by Cynthia Kim and Wina Park SEOUL (Reuters) – South Korea’s foreign exchange authorities view the 1,385 level as a line in the sand for the won against the dollar, citing recent measures to stem the currency’s weakness, two sources involved in the policy discussions told Reuters on Tuesday.…

  • Putin to visit Kim in North Korea on June 18-19 By Reuters

    Written by Jay Faulconbridge and Josh Smith MOSCOW/SEOUL (Reuters) – Russian President Vladimir Putin will visit North Korea on Tuesday and Wednesday, the Kremlin said, a rare visit that highlights Moscow’s growing partnership with the isolated, nuclear-armed state. North Korean leader Kim Jong Un extended an invitation to Putin during…

  • OkayCoin launches crypto staking services in South Korea

    OKCoin, a cryptocurrency exchange, has officially launched Launched In South Korea. According to a press release issued on June 15, the move aims to meet the growing demand for cryptocurrency staking services across the region. The team also claims that the move is in response to the growing adoption of…

  • OkayCoin launches crypto staking services in South Korea

    OKCoin, a cryptocurrency exchange, has officially launched Launched In South Korea. According to a press release issued on June 15, the move aims to meet the growing demand for cryptocurrency staking services across the region. The team also claims that the move is in response to the growing adoption of…

  • Ripple’s Strategic XRPL Fund Fuels Blockchain Innovation In Japan And Korea

    Ripple, a prominent blockchain payments company, It has taken an important step to accelerate the growth and adoption of the XRP Ledger (XRPL) in the Asia-Pacific region. With the launch of the XRPL Fund in Japan and Korea, Ripple is poised to drive innovation and utility within the XRPL ecosystem,…

  • North Korea fires suspected rocket after warning of satellite launch By Reuters

    SEOUL (Reuters) – North Korea fired an unidentified projectile onto a southern road off its west coast on Monday, the South Korean military said, hours after Pyongyang said it would launch a satellite before June 4. The South Korean Joint Chiefs of Staff said that the launch apparently took place…

  • Confidential UN Report Exposes Lazarus Group’s $147.5M Stolen Crypto Transfer to North Korea

    A confidential UN report obtained by Reuters reveals that North Korea’s notorious cybercrime group known as the Lazarus Group transferred millions of stolen cryptocurrencies to the Asian country last year. In March 2023, these North Korean hackers illegally seized $147.5 million worth of cryptocurrencies from HTX, a cryptocurrency exchange owned…

  • South Korea Adopts Crypto Staking as Competition Intensifies among Exchanges: Report

    Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…