Category: South

  • Spouse Of Do Kwon Scores Major Victory In South Korean Court

    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…

  • Court declines to stop new South Sudan cargo charge

    The High Court has refused to issue interim orders suspending the implementation of the directive to impose a fee of $350 (Sh44,878.51 at current exchange rates) on each container of all goods destined for South Sudan. A preservation order maintains the status quo to preserve a matter until the motion…

  • Hurricane Beryl batters Mexico, heads towards South Texas By Investing.com

    Hurricane Beryl is expected to strengthen as it approaches the South Texas coast, posing threats of damaging winds, life-threatening storm surges and severe flooding. The storm is expected to be the first storm to make landfall in the United States during the 2024 Atlantic season. Earlier this week, Hurricane Beryl…

  • Hurricane Beryl batters Mexico, heads towards South Texas By Investing.com

    Hurricane Beryl is expected to strengthen as it approaches the South Texas coast, posing threats of damaging winds, life-threatening storm surges and severe flooding. The storm is expected to be the first storm to make landfall in the United States during the 2024 Atlantic season. Earlier this week, Hurricane Beryl…

  • South Africa Seeks to Renegotiate Coal Pact Tied to $2.6 Billion

    Breadcrumbs Path Links PMN Business South Africa is seeking to amend the terms of a landmark deal under which it pledged to reduce its reliance on coal in exchange for funding. Article author: Bloomberg News Anthony Sguazin Posted on July 03, 2024 • Read for 3 minutes You can save…

  • South African rand extends losses, focus on unity government’s reforms By Reuters

    JOHANNESBURG (Reuters) – South Africa’s rand extended losses on Tuesday after a turbulent start to the week as markets waited to see how the new national unity government would handle economic reform after forming a cabinet. By 11:31 GMT, the rand was trading at 18.475 against the dollar, down 0.6%…

  • South African markets cheer Ramaphosa’s ‘business friendly’ cabinet By Reuters

    Written by Bhargav Acharya and Kopano Gombe JOHANNESBURG (Reuters) – South African assets rose sharply on Monday after President Cyril Ramaphosa formed a long-awaited new government that included the former opposition leader and signaled continuity in fiscal policy by sticking by his former finance minister. But some investors said the…

  • South African rand rallies on hope DA and ANC can agree on cabinet posts By Reuters

    JOHANNESBURG (Reuters) – The rand rose in South Africa on Friday amid optimism that the Democratic Alliance and the African National Congress will reach an agreement on ministerial positions, a day after local media reported a major rift between the two parties. At 1503 GMT, the rand reached 18.24 against…

  • South Korea’s Naver-backed Webtoon shares jump about 14% in Nasdaq debut By Reuters

    Written by Arasu Kannagi Basil and Joyce Lee (Reuters) – Shares of online comics platform Webtoon Entertainment surged as much as 14.3% above their initial public offering price in their Nasdaq debut on Thursday. The stock opened at $21.30, giving the company a valuation of $2.71 billion, and traded as…

  • South African rand drops on reported discord over cabinet posts By Reuters

    Written by Tanwar Anders JOHANNESBURG (Reuters) – The South African rand fell sharply on Thursday after media reports of a major rift between the pro-business Democratic Alliance party and President Cyril Ramaphosa over ministerial positions. At 1527 GMT, the rand was trading at 18.48 against the dollar, down 1.7% from…

  • South Korean Think Tank Warns Against Approving Crypto ETFs

    Source: Finance Magnates The debate over the approval of cryptocurrency-linked exchange-traded funds (ETFs) in South Korea has taken an interesting turn, with a prominent economic think tank warning of the potential risks associated with such products. The Korea Financial Institute, a respected research institution, has He expressed Concerns that the…

  • South Korean Think Tank Warns Against Approving Crypto ETFs

    Source: Finance Magnates The debate over the approval of cryptocurrency-linked exchange-traded funds (ETFs) in South Korea has taken an interesting turn, with a prominent economic think tank warning of the potential risks associated with such products. The Korea Financial Institute, a respected research institution, has He expressed Concerns that the…

  • South African rand weakens, focus on cabinet announcement By Reuters

    JOHANNESBURG (Reuters) – The South African rand fell in early trade on Monday, as markets awaited the announcement of President Cyril Ramaphosa’s government after the African National Congress lost its parliamentary majority in last month’s elections, the first time in 30 years. At 0556 GMT, the rand was trading at…

  • 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…

  • South African rand edges lower, focus on president’s cabinet picks By Reuters

    JOHANNESBURG (Reuters) – Shares fell in early trade on Thursday, with investors turning cautious ahead of newly re-elected President Cyril Ramaphosa’s cabinet appointments under a unity government. At 0726 GMT, the rand was trading at 17.9850 against the dollar, down 0.15 percent from its previous close. The local currency rose…

  • Bitcoin Now Accepted At South London’s Tooting Market

    Founded in 1930, Tooting Market In South London is an iconic indoor market and the UK’s first food market. He has received accolades such as Best small indoor market At the 2017 Great British Market Awards Tooting was shortlisted Lonely Planet’s favorite lesser-known neighborhoods in the world’s greatest cities.’ It…

  • Bitcoin Now Accepted At South London’s Tooting Market

    Founded in 1930, Tooting Market In South London is an iconic indoor market and the UK’s first food market. He has received accolades such as Best small indoor market At the 2017 Great British Market Awards Tooting was shortlisted Lonely Planet’s favorite lesser-known neighborhoods in the world’s greatest cities.’ It…

  • 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…

  • New South Korean Crypto Law To Review 600 Listed Assets

    South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…

  • New South Korean Crypto Law To Review 600 Listed Assets

    South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…