Korea
Bank of Korea says cost of living not a priority in their price stability mission
SOUTH Korea should try to address the country’s high cost of living through structural reforms instead of relying on the central bank to fight it, a Bank of Korea...
Samsung Electronics union in South Korea declares general strike
Union membership increased rapidly after Samsung in 2020 pledged to end to its practice of discouraging the growth of organised labourA workers’ union at Samsung Electronics in South Korea...
North Korea Executes Young Man for Sharing K-Pop: Brutal Crackdown on Foreign Culture Intensifies
North Korea executed a 22-year-old man for listening to and sharing K-pop music. This reflects the regime's ongoing crackdown on foreign cultural influences.The severe punishment is part of the...
South Korea crypto investment firm Hashed expands to Abu Dhabi
HASHED Ventures is the latest digital-asset company to expand its footprint in Abu Dhabi, where an advantageous regulatory environment has made it one of the hottest global crypto hubs.
The...
Bank of Korea warns of developers’ debt risks as profits shrink
FINANCIAL troubles at South Korean developers may worsen as they start to bear the brunt of a market slump that weighs on their earnings, the central bank said, issuing...
South Korea kicks off 26 trillion won of chip loans, funds from July
SOUTH Korea will begin awarding aid to chipmakers from July, kicking off a 26 trillion won (S$25 billion) package of financial support pledged towards boosting a critical industry.Seoul will...
South Korea, Japan vow to take steps to defend their currencies
Their Finance Ministers will continue to take appropriate actions against excess volatility and disorderly movements in exchange ratesFinance ministers of South Korea and Japan used a bilateral meeting in...
Japan and South Korea fighting over an app at a tense time
A joint venture set up in 2019 by a top Japanese company and a top South Korean company was hailed as a beacon of cooperation amid strained diplomatic relations.Executives...
