Category: South
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Nearly 200 South Koreans in their 20s hold over $750k in crypto: report
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More than 185 South Koreans in their 20s own more than $750,000 in digital assets each, based on data from Upbit and Bithumb. As reported Mail Business Newspaper On October 3, South Korea-based cryptocurrency exchanges Abit and Bithumb submitted a report on the “State of Holding Virtual Assets” to Ahn…
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Nearly 200 South Koreans in their 20s hold over $750k in crypto: report
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More than 185 South Koreans in their 20s own more than $750,000 in digital assets each, based on data from Upbit and Bithumb. As reported Mail Business Newspaper On October 3, South Korea-based cryptocurrency exchanges Abit and Bithumb submitted a report on the “State of Holding Virtual Assets” to Ahn…
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South Korean Inflation Eases to 1.6% in September; BOK May Ease in October Meeting
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Full story via EMW on PiQ Suite South Korea’s CPI inflation rate fell to 1.6% year-on-year in September due to lower transportation prices Core CPI rose 1.8% y/y compared to 1.9% y/y in August Fresh food prices stabilize at a low growth of 3% year-on-year The CPI reading increases the…
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South Yorkshire selected for £1.5bn mini-nuclear reactor factory, creating 3,000 jobs
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South Yorkshire is set to host the UK’s first dedicated small nuclear reactor (SMR) factory, a major boost to the region’s economy and the UK’s nuclear industry. Holtec, a privately owned nuclear company based in Florida, has chosen South Yorkshire as its preferred location for the £1.5bn facility after considering…
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South Korea warn that rapid pick-up in household debt may turn into systemic risk.
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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…
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Asia markets in red, investors access South Korea’s inflation data; eyes on US jobs report
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never Asia-Pacific stock markets were mostly in the red on Tuesday, driven by investor reactions to the latest inflation data from South Korea. Traders are now awaiting U.S. payrolls data, due on Friday, along with local data from China, including a fresh set of purchasing managers’ indices. The figures are…
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Falcon Oil & Gas Ltd. – Spudding of Shenandoah South 2H in Exploration Permit 98
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Aug 30, 2024 • 7 minute…
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South African rand jumps as Fed’s Powell signals lower rates By Reuters
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JOHANNESBURG (Reuters) – South Africa’s rand jumped on Friday after comments from Federal Reserve Chairman Jerome Powell suggested an interest rate cut next month. At 1520 GMT, the rand was trading at 17.71 rand to the dollar, up 1.82% from its previous close. “The time has come to adjust policy,”…
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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares
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South Korea’s National Pension Service (NPS) has bought $34 million worth of shares in MicroStrategy, a business intelligence firm that has raised billions of dollars in Bitcoin. BREAKING: ?? South Korea’s pension fund announces $34 million purchase of MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to…
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Mercedes-Benz chief in South Korea to meet residents after EV fire damaged property By Reuters
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SEOUL (Reuters) – The head of Mercedes-Benz in South Korea on Wednesday met residents of an apartment complex damaged by a fire that started in one of its electric cars and raged for more than eight hours, raising concerns about public safety. Mercedes-Benz Korea CEO Matthias Veitel will hold a…
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Hero Cosmetics CEO Discovered Skincare Idea in South Korea
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An acne emergency isn’t usually something to be thankful for, but Jo Rio attributes her almost overnight commercial success to a few bad acne outbreaks. The founder of Hero Cosmetics, a skincare brand that promises to be your savior in the wake of acne woes, describes her career path as…
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South Korea exchange triggered its ‘sidecar’ on Kospi futures
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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…
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South Korea Taps US Trade Deal to Prevent Chip Spats with Japan
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Breadcrumbs Path Links PMN Business South Korea is seeking to play a bigger role in a U.S.-led trade pact in Asia aimed at stemming the risk of friction with Japan that has affected global semiconductor supply chains. Article author: Published on July 30, 2024 • Read for 3 minutes You…
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South Korean Crypto Gain Taxation May Be Delayed Until 2028 Amidst Investor Concern
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The South Korean government’s plan to implement a 20% cryptocurrency gains tax has faced repeated delays, with the latest proposal suggesting it be postponed until 2028. This potential seven-year delay to South Korea’s crypto tax has sparked debate about the country’s approach to regulating cryptocurrencies and the impact on the…
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South Korea’s SK On in talks to supply prismatic EV batteries as it seeks turnaround By Reuters
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By Heekyung Yang SEOUL (Reuters) – South Korean electric vehicle battery maker SK ON is in talks with automakers to supply prismatic batteries and expand its existing pouch battery range, a senior company executive said, as it struggles to improve performance amid slowing global demand for electric vehicles. SK ON,…
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Key Shiba Inu Metrics Plummet as SHIB Price Heads South: Details
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Long summary Shiba Inu (SHIB) saw a 2% price drop on July 12, alongside declines in key metrics on the Shibarium network. Despite the decline, technical analysis tools indicate a possible price recovery in the near term. Signs of decline Second largest meme coin in Terms Shiba Inu, a cryptocurrency…
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Key Shiba Inu Metrics Plummet as SHIB Price Heads South: Details
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Long summary Shiba Inu (SHIB) saw a 2% price drop on July 12, alongside declines in key metrics on the Shibarium network. Despite the decline, technical analysis tools indicate a possible price recovery in the near term. Signs of decline Second largest meme coin in Terms Shiba Inu, a cryptocurrency…
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Spouse Of Do Kwon Scores Major Victory In South Korean Court
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While Do Kwon’s extradition has yet to be decided in Montenegro, Terraform Labs founder Lee’s wife has won a major legal victory against the South Korean state. The court ruled that some real estate shares and subscription rights in Officetel, previously seized in Lee’s name, should not be subject to…