(Bloomberg) – After a record year of stock quotes, Asian companies may struggle to repeat success in 2022 given the prospect of rising interest rates and China’s tightening grip on big technologies. Bloomberg’s Most Read Thanks to a meteoric first half in the midst of a global boom, initial public …
Read More »Employees frustrated by inflation
Employees frustrated by inflation – Korea Times Finance 2021-12-17 15:00 Employees frustrated by inflation Bank of England By Lee Kyung-min Inflation is no longer a term used only by researchers to describe the economy, as exemplified by salaried workers clearly experiencing soaring prices of almost all frequently purchased goods and …
Read More »Dry bulk player SW Shipping plans to enter the booming container market
Donghae Port Credit POSCO By Martina Li in Taiwan 12/15/2021 South Korean dry bulk carrier operator SW Shipping will become the newest entrant in container shipping next year, operating a shortsea service to Vietnam from South Korea. SW CEO Kang Seong-hun signed a memorandum of understanding with the government of …
Read More »Magnachip and Wise Road Capital Announce Withdrawal of CFIUS Deposit and Mutual Termination of Merger Agreement
– Magnachip adopts a limited-term shareholder rights plan Seoul, South Korea, December 13, 2021 / PRNewswire / – Magnachip Semiconductor Corporation (“Magnachip Corp.” or the “Company”) (NYSE: MX), United States (Delaware) parent company of Magnachip Semiconductor, Ltd., and South Dearborn Limited, a company incorporated in the Cayman Islands, and Michigan …
Read More »South Korea, Pakistan sign memorandum of understanding for foreign debt rescheduling
ISLAMABAD: Minister of Economic Affairs Secretary Mian Asad Hayaud Din and Republic of Korea Ambassador Suh Sangpyo here signed an agreement for the rescheduling of Pakistan’s external debt to the Republic of Korea for the year 2020 and the first half of 2021. This agreement comes after months of negotiations …
Read More »2022MOON Launches New Blockchain Technology From South Korea
SEOUL, SOUTH KOREA / ACCESSWIRE / December 10, 2021 / 2002MOON announces its new service on Blockchain technology “2022MOON”, which allows users to earn money simply by holding their token. The digital age of blockchain technology Blockchain technology has brought us into the digital age, and our perspective on monetary …
Read More »Bond issues in South Korea edged down in November.
SEOUL, 09 Dec. (Yonhap) – Bond issuance in South Korea edged down in November from the previous month amid rising interest rates, data showed Thursday. The value of bonds sold in Asia’s fourth-largest economy stood at 65.8 trillion won ($ 56.1 billion) last month, down 200 billion won from the …
Read More »New start for HL Klemove, a company specializing in autonomous driving
Aiming to become a global leader based on over 2,000 patents, track record of ADAS mass production (over 20 million units) and know-how in safe autonomous driving solutions High-tech autonomous driving solutions such as high-resolution lidar and 4D imaging radar scheduled for commercialization by 2025 Sales target of 1.2 trillion …
Read More »Food and non-alcoholic drink prices are out of control
Vegetables are on sale Sunday at a traditional market in central Seoul. According to data provided by the Organization for Economic Co-operation and Development (OECD) on Saturday, the price of food and non-alcoholic beverages rose 5% year-on-year in the third quarter in Korea, placing the country fifth out of 38 …
Read More »South Korea defers crypto tax, looking for votes? – Bitcoinist.com
The Strategy and Finance Committee of the South Korean National Assembly has approved an amendment to defer to 2023 the imposition that imposes a 20% annual capital gains tax for crypto trading with more than 2 .5 million won (US $ 2,125) in revenue, just after the same tax was …
Read More »Latest updates: German Scholz favors compulsory vaccines amid increasing Covid cases
Olaf Scholz, the Chancellor-designate of Germany, said he was in favor of compulsory vaccination for all, increasing the likelihood that the country will follow Austria in creating a legal obligation for all of its population to obtain the vaccine . The decision to go ahead with the mandate could come …
Read More »South Korea to watch financial markets closely amid concerns over volatility caused by omicron
This photo, taken on Sunday, shows an arrival hall at Incheon International Airport, west of Seoul. Health officials began barring the entry of foreigners from eight African countries, including South Africa, on the same day to block the influx of the new variant of COVID-19 omicron. (Yonhap) South Korea will …
Read More »Germany’s new government cites crypto in coalition deal By Cointelegraph
Germany’s new government cited crypto in its coalition agreement, arguing for a level playing field between traditional finance and “innovative business models.” Three German political parties agreed this week to a coalition deal that will see left-wing Social Democrats (SDP), Green Party and right-wing Free Democrats take the reins from …
Read More »Vietnam has produced a new class of billionaire entrepreneurs
TIT ECONOMICAL Vietnam’s development now has a permanent monument in one of the world’s most prestigious learning locations. After a $ 207 million investment announced earlier this month by Sovico, a Vietnamese holding company, Oxford University’s Linacre College (for graduate students) is set to be renamed in honor of Nguyen …
Read More »Asian FX resists strong dollar, stocks are nervous
Thai stocks hit a high for more than 2 months Singapore posts better than expected third quarter GDP Bank of Korea rate decision expected on Thursday Nov. 24 (Reuters) – Emerging market currencies in Asia were broadly subdued on Wednesday as regional assets remained resilient, even as bets on the …
Read More »StanChart Deploys Preshipment Loans for Bangladesh Garment Manufacturers
Standard Chartered has partnered with leading global apparel buyers and suppliers and disbursed US dollar denominated preshipment loans under a new financing program, which aims to support more than 20,000 apparel workers in Bangladesh. The unique Covid-19 response funding program was designed in consultation with renowned buyers, enabling better liquidity …
Read More »Second winter of woe threatens the global economy: a green week ahead
(Bloomberg) – The global economy is approaching northern hemisphere winter in disarray, unable to shake off the coronavirus crisis amid persistent supply disruptions, soaring prices and resurgence epidemics. Bloomberg’s Most Read The global surveys conducted this week among purchasing managers probably point in this direction. Among the results expected by …
Read More »Latest updates: Ryanair to drop London list citing costs after Brexit
Hong Kong’s shares in Alibaba fell 10% on Friday, a day after the Chinese e-commerce giant forecast annual revenue to grow at its slowest pace since its stock market debut in 2014. The group’s shares listed in New York fell more than 11% on Thursday. Alibaba’s second quarter results fell …
Read More »Mom talks about being adopted from South Korea by white parents in America
This TikToker shared what it was like growing up Asian with white parents and their story is so powerful! November is National Adoption Month, and it’s time to raise awareness about the impact adoption can have on a family’s life. In a powerful video, TikToker beauty Amy Chang (@bondenavant) shared …
Read More »Young Tech Enthusiasts Drive Money Transfer Platform | New times
While continuing his university studies at Seoul National University in Korea, Adolphe Niyigena would have difficulty transferring money to relatives or obtaining maintenance. He says it would often take more than 24 hours to receive transfers. He realized that he was not the only one up for the challenge, with …
Read More »North Korea’s elusive cash coupons from A to Z
A photo of the currency bills currently in circulation in North Korea. / Image: Daily NK More than two months have passed since the North Korean authorities issued cash vouchers, or donpyo, to absorb foreign currency. However, most North Koreans are unaware that the coupons were issued. According to several …
Read More »Weiss Korea Opportunity Fund – Investment manager dealing in equities
DO NOT DISTRIBUTE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART OR IN UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND WHERE SOUTH AFRICA OR TO US PEOPLE Weiss Korea Opportunity Fund Ltd. (“Weiss Korea” or “the Company”) (a fixed capital investment system constituted with limited liabilityunder the laws …
Read More »Latest Updates: Sydney Airports Board Agrees $ 17.5 Billion Takeover
The Sydney Airport Board of Directors has agreed to sell to a consortium led by Melbourne-based IFM Investors for AU $ 23.6 billion (US $ 17.5 billion) as part of the one of the largest deals ever in Australia. The sale comes just as travel around the country begins to …
Read More »Global Domestic Tourism Industry to 2030 – Demand for improved service standards presents opportunities
DUBLIN, November 05, 2021– (BUSINESS WIRE) – “Domestic Tourism Market by Location, Booking Method, Tour Type & Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com offer. The size of the domestic tourism market was estimated at $ 1,226.1 billion in 2020 and is …
Read More »Latest Updates: Moderna Reduces Covid Vaccine Sales Forecast
© AFP via Getty Images High borrowing costs allowed Aston Martin to post a larger loss in the third quarter than last year, despite the luxury automaker’s sales more than doubling due to demand for its vehicle. DBX sport utility. The company took out £ 1.1bn of high-interest debt last …
Read More »New StrategyR Study Highlights $ 110.6 Billion Global Market for Lighting Fixtures and Fixtures by 2026
SAN FRANCISCO, November 2, 2021 / PRNewswire / – A new market study released by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Lighting Fixtures and Fixtures – Global Market Trajectory and Analysis”. The report presents new perspectives on the opportunities and challenges …
Read More »Korea to finance bridge connecting 3 Visayan islands
The Korean government has agreed to help finance the construction of the 32-kilometer Panay-Guimaras-Negros bridge project, which is expected to be the longest in the country, according to the Ministry of Public Works and Highways. Under Secretary of Public Works Emil Sadain said the Korean government has committed an official …
Read More »[ED] Corporate Zombies – Korea Times
[ED] Corporate Zombies – Korea Times Opinion 2021-10-31 17:00 [ED] Corporate zombies Government policy failures weigh on SOEsNineteen of the 40 state-owned companies with assets of 2,000 billion won ($ 1.7 billion) or more fell into dangerous financial condition. Korea Electric Power Corp. (KEPCO), Incheon International Airport Corp. (IIAC) and …
Read More »Opening of ‘2021 IoT KOREA ONLINE BUSINESS MEETING’ by NIPA
Seoul, South Korea, October 29, 2021 / PRNewswire / – The Korea National IT Industry Promotion Agency (NIPA) has announced that it will host a “2021 KOREA IoT ONLINE BUSINESS MEETING” for 3 days from November 2-4, 2021 to support the overseas expansion and exchange of Korean IoT companies. This …
Read More »Russian extradited to US on cybercrime charges
By Kanishka Singh (Reuters) – A Russian national appeared in U.S. federal court Thursday after being extradited from South Korea to Ohio to face charges over his alleged role in a cybercrime organization, the U.S. Department of Justice said . Vladimir Dunaev, 38, was a member of a cybercrime organization …
Read More »Peruvian finance minister says there is ultimately no question of nationalizing the gas sector
LIMA, October 27 (Reuters) – Peru’s finance minister said on Wednesday that the country’s left-wing government has no plans to take over the natural gas industry, in a bid to allay fears after the president Pedro Castillo spoke about nationalization earlier in the week. “Nationalizing the gas (sector) means putting …
Read More »ZIQ presents a metaverse for trading real estate virtually on 3D maps
Singapore – (Newsfile Corp. – Oct 26, 2021) – ZIQ is proud to present a metaverse for trading real estate virtually on 3D maps. Virtual real estate trading is nothing new to the crypto world, but ZIQ aims to do it differently by combining virtual real estate with real world …
Read More »Taiwan dollar fortunes change due to large outflows of foreign capital
(Bloomberg) – The Taiwan dollar is facing increasing headwinds linked to foreign capital outflows, after dominating the ranking of Asian currencies in the first nine months of the year. Bloomberg’s Most Read Robust exports and the trade surplus helped the Taiwan dollar overcome the strength of the greenback and outperform …
Read More »FinMin cancels anti-dumping duties on imports of polytetrafluoroethylene from South Korea and Russia
The Ministry of Finance has removed anti-dumping duties on imports of polytetrafluoroethylene (PTFE) from South Korea and Russia. It also repealed anti-dumping duties on imports of phenol from the European Union, South Korea and Singapore. Deepak Phenolics Ltd and Hindustan Organics Chemical Ltd had filed a request for a sunset …
Read More »Global Hibiscus Flower Powder Industry to 2026
Dublin, Oct 22, 2021 (GLOBE NEWSWIRE) – The report “Hibiscus Flower Powder Market Research Report by Type, Source, Distribution Channel, Application and Region – Global Forecast to 2026 – Impact cumulative COVID-19 “has been added to ResearchAndMarkets.com offer. The global hibiscus flower powder market size was estimated to be USD …
Read More »Will this have an impact on Deepak nitrite?
The Ministry of Finance has repealed anti-dumping duties on imports of phenol. These are imports of phenol from the European Union, Singapore and the PR of Korea. Deepak Nitrite manufactures this particular product. Analysts expect Rs 50-70 crore to hit the bottom line, although they also say imports from these …
Read More »Chungcheongbuk-do to host 2021 World Online Martial Arts Masterships and 2021 WMC Convention
CHEONGJU, South Korea, October 20, 2021– (BUSINESS WIRE) – The 2021 World Martial Arts Online Masterships (online.mastership.org) and the 2021 World Martial Arts Masterships Committee (WMC) Convention (http://www.wmc-convention.com) will have held for six days starting October 28 at the Online Studio and Grand Plaza Cheongju Hotel in Chungcheongbuk-do. This press …
Read More »South Korea aims to cut carbon emissions by 40% by 2030
South Korea on Monday set a new target to tackle climate change over the next decade, saying it will aim to reduce its greenhouse gas emissions to 40% from 2018 levels. ‘by 2030. The country had come under criticism that its initial 26.3% reduction plan was too modest. Pledging stronger …
Read More »Why China refuses to use Australian coal amid trade dispute
China has made bold statements about how it is cutting Australia off, but there are factors at play that could set it back. China could be in the throes of an energy crisis. Still, he’s determined not to back down on his Australian coal blacklist. But for how long ? …
Read More »Real Debt and Desperation Behind Netflix’s “Squid Game”
SEOUL – The calling card, thrown with expert precision from a motorcycle as she pulled away, landed at Park Chui-woo’s feet as he neared the end of his wits. The brightly colored card advertised quick loans with low interest rates, especially for small business owners. At the peak of all …
Read More »Unregulated digital currency transfers in South Korea hit record high at $ 677 million
Unregulated and questionable foreign currency transfers involving digital currencies have exploded this year in South Korea. According to data from the country’s tax agency, the country has seen a 2,100% year-over-year increase in these transfers, raising concerns about money laundering and tax evasion via digital currencies. In the first eight …
Read More »G-20 CFOs back landmark tax deal, vow to act against inflation
The chief financial officers of the Group of 20 major economies on Wednesday approved a 15% global minimum corporate tax rate and other new rules to fight tax evasion by IT giants, while promising to ” act as necessary in the face of rising inflation rates amidst supply disruptions due …
Read More »Element Finance Raises Second Fund to Lend $ 40 Million to Growing SaaS Companies
(image: Korea Bizwire) SAN ANTONIO, October 12 (Korea Bizwire) – Element Finance, a leading growth finance provider offering flexible and capital efficient venture finance and income-based financing solutions, announced the raising of its second fund, giving it access to over 40 millions of dollars. The investment comes from both new …
Read More »Global Fetal Surveillance Industry to 2026
DUBLIN, October 11, 2021 / PRNewswire / – The report “Fetal Surveillance Market Research Report By Portability, By Application, By End User, By Product, By Region – Global Forecast To 2026 – Cumulative Impact Of COVID-19” has been added to ResearchAndMarkets.com offer. Research and Markets logo The global fetal surveillance …
Read More »Results of a new study by the Korea Maritime Institute inform research on risk management (Empirics of Korean Shipping Companies’ Default Predictions): Insurance – Risk management
2021 OCT 08 (NewsRx) – By a Journalist-Staff News Editor at Daily Insurance News – The results of insurance research are discussed in a new report. According to reports by Pusan, South Korea, by reporters at NewsRx, the research said, “In this article, we use a logit model to predict …
Read More »A different approach to investing in developing countries
October 9, 2021 FORTY YEARS A few years ago, Antoine van Agtmael of the International Finance Corporation pitched the idea of a “third world equity fund” to skeptical fund managers, and the concept of emerging markets entered investment. global. The aim was to provide diverse exposure to fast growing countries …
Read More »Bitcoin price rally fueled by $ 1.6 billion purchase of whales, blockchain data shows
One or a group of big bitcoin buyers, also known as bitcoin whales, appear to be behind Wednesday’s price hike, based on data showing large purchases of bitcoin on exchanges at the start of hours of negotiation in the United States. But why the whale – or whales – placed …
Read More »Plug Power and South Korean company SK E&S form joint venture to accelerate hydrogen economy expansion in Asian markets
Joint venture enters Asian market by building Gigafactory, a base for mass production of electrolysers, green hydrogen and fuel cells LATHAM, NY, Oct 06, 2021 (GLOBE NEWSWIRE) – Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and SK E&S, part …
Read More »‘Keep your promises’ – COP26 call for climate from 1.8 million Fairtrade farmers to world leaders
Consumers urged to show solidarity with farmers by signing petition urging governments to act NOW WASHINGTON, October 6, 2021 / PRNewswire / – An open letter sent on behalf of 1.8 million Fairtrade producers worldwide, before COP26, urges world leaders to keep their pledge to provide $ 100 billion annual …
Read More »Youth ‘debt investment’ surpasses 38 trillion won in first half
Seoul [South Korea], Oct. 5 (ANI / Global Economic): In the first half of this year, young people between the ages of 10 and 30 borrowed more than 38 trillion won in loans from brokerage firms to invest in stocks. There is growing concern that if stock prices fall, young …
Read More »Global Consumer Credit Markets, Competition, Forecast and
Dublin, 04 Oct 2021 (GLOBE NEWSWIRE) – The “Global Consumer Finance Market, By Type (Secured Consumer Finance, Unsecured Consumer Finance), By Type Of Secured Consumer Finance Product, By Unsecured Consumer Finance Product Type, By Region, Competition, Forecast & Opportunities, 2026 “report has been added to ResearchAndMarkets.com offer. Global Consumer Credit …
Read More »Korea trains Rwandan agricultural cooperatives how to increase their income
The OPEC + alliance of oil producers is expected to meet next week as the global economy recovers from the Covid-10 pandemic. Saudi Arabia, the leader of the group, had, over the past 18 months, reduced its production of crude oil during the pandemic. The Saudis are expected to pump …
Read More »Morgan Stanley maintains leadership position in local M&A advisory market
October. 2. 2021 Settings Finance 2021-10-02 09:16 Morgan Stanley maintains leadership position in local M&A advisory market Morgan Stanley offices in New York / AP-Yonhap By Anna J. ParkSince the start of the year, Morgan Stanley has been the number one financial firm providing advisory services to local businesses subject …
Read More »Kim Yo-jong, sister of North Korean dictator Kim Jong-un, expands her power and leadership ambition
A character that we knew nothing about a few years ago is quickly becoming the most powerful woman in the world – and potentially very dangerous. Not so long ago, even the most staunch observers of North Korean politics knew little or nothing about Kim Yo-jong. Dictator Kim Jong-un’s sister …
Read More »Asian stocks prolong global fall as inflation fears bite
By Kevin Buckland TOKYO (Reuters) – Asian stocks followed Wall Street sharply lower and bonds rallied on Friday as risk sentiment deteriorated amid mounting concerns that inflation could persist even after global growth spikes . Japan’s Nikkei fell 1.86%, while the larger Topix slipped 1.95%. Australian stocks fell 2.05% and …
Read More »Missile Researchers Market Worth $ 6.8 Billion By 2026
CHICAGO, September 30, 2021 / PRNewswire / – According to a research report “Missile researcher market by technology (active radar, semi-active radar, passive radar, infrared, laser, multimode), missile type (interceptor, ballistics, cruise, conventional), launch mode and region (North America, Europe, APAC and RoW) – Forecast until 2026 “, published by …
Read More »More crypto regulations could be on their way in South Korea and Japan
Source: Adobe / 編 集 部 MOBY A South Korean regulator has renewed calls for stronger policing of the crypto sector, but an industry association has warned that billions of dollars in damage could ensue if crypto-only exchanges were to fail. allowed to go bankrupt. According to Seoul Finance, the …
Read More »South Korea steps up housing plan (Minister of Finance)
SEOUL, Sep 29 (Yonhap) – Finance Minister Hong Nam-ki said on Wednesday that the government is accelerating a plan to provide housing in Seoul and other areas, with the aim of curbing high prices for housing. In February, the government unveiled the plan that relaxed building regulations and supported redevelopment …
Read More »Global Liver Disease Therapeutics Industry to 2026
Dublin, September 28, 2021 (GLOBE NEWSWIRE) – The report “Liver Disease Market Research Report By End User, By Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” has been added to ResearchAndMarkets.com offer. The global liver disease therapeutics market size was estimated at $ 13.37 billion in 2020 …
Read More »KakaoBank’s push beyond Korea could benefit from the popularity of messaging apps
South Korean company KakaoBank Corp. will be able to tap millions of loyal users of Kakao Corp’s messaging app. once it begins to expand beyond its home market. KakaoBank, the banking subsidiary of the Korean internet giant, plans to expand overseas after raising $ 2.2 billion in an IPO in …
Read More »Insto Roundup: FWD files for ADR list in New York; Nippon Wealth Life fully acquired by parent company | Asset owners
AUSTRALIA Brendan O’Farrell, managing director of industrial super fund Intrust, said he would leave the fund after its merger with Hostplus ends. The AU $ 2.6 billion (AU $ 1.89 billion) fund confirmed in June that it was in talks with Hostplus for a merger, which would form a fund …
Read More »Asia-Pacific stocks mostly fell as concerns over Evergrande’s debt weigh on sentiment
Major Asia-Pacific stock indices ended mixed but mostly down on Friday as investors continued to approach trade with caution amid lingering risks surrounding the China Evergrande group. Meanwhile, investors in Japan turned the tide, pushing the Nikkei benchmark higher on strong gains from Fast Retailing and Softbank Group. Japan’s Nikkei …
Read More »Tottenham hailed by Maguire after “very smart” development
Tottenham are “very smart” to capitalize on South Korea’s interest in Son Heung-Min. That’s what finance guru Kieran Maguire says, speaking exclusively to Football initiate on the 29-year-old’s role in Spurs’ latest business partnership. Tottenham has, according to FCBusiness, reached an agreement on September 17 with Sky Sports to broadcast …
Read More »Only 10 Korean crypto exchanges have reached the registration deadline
BeInCrypto – Only ten cryptocurrency exchange companies registered with the KFIU, while only four additionally entered into contracts with banks, which was the second requirement. On Thursday, September 23, 2021, six Korean crypto exchanges, Five, Gdac, OK-BIT, Prabang, Flat Thai X, made progress on regulatory compliance requirements set out by …
Read More »NK Diplomats Engaging in Illicit Fundraising: UK Government Report
The 73rd anniversary of the founding of the DPRK at the Party Central Committee offices in Pyongyang, North Korea on September 8. (EPA-Yonhap) North Korean embassies and diplomatic personnel engage in illicit fundraising activities to finance the country’s nuclear and other destructive weapons activities, according to a report from the …
Read More »My HealthWay in South Korea: a “digital highway” for personal health records, but where?
South Korea’s deployment of a new electronic health record system will give patients greater accessibility and control over their data, but questions about security and privacy remain unanswered, writes Junho Jung South Korea’s ambitious healthcare digitalization is largely the result of state-led innovation. In fact, in 2021, the national digital …
Read More »Philippines names 6th digital bank; Westpac cancels deal with Kina Securities
S&P Global Market Intelligence features our top picks of banking news and other articles published throughout the week. Please note that some entries may contain links to third party sources requiring subscription. Central bank actions, regulatory policies and more * The New Zealand central bank is continuing its plan to …
Read More »(Korea Herald EDITORIAL September 23)
Undue sufferingRelieving the hardships of young adults does not require sympathetic rhetoric, but a change in policy In his speech to mark the country’s Youth Day last week, Prime Minister Kim Boo-kyum expressed deep sympathy for the increasingly difficult situation facing many young South Korean adults. He said he could …
Read More »Failure to address structural issues lowers Korea’s potential growth rate
A general view of Lotte Tower (center front) and Namsan Tower (center back) amid Seoul city skyline and the Han River at sunset in 2018. Before the outbreak of the pandemic in Korea. South early last year, there were warnings that a decline in labor productivity, a shrinking working-age population …
Read More »South Korea’s role as a middle power
Lost in the whirlwind of media coverage on Afghanistan last month, brilliant news featuring Afghan families, including dozens of children holding pink or white teddy bears, has rolled out of the international airport in Incheon in South Korea on August 26. They were among 391 Afghans flown from Kabul by …
Read More »Czech central banker Holub “quite likely” to support a 50bp hike in September, open to more
By Robert Muller PRAGUE (Reuters) – Czech central banker Tomas Holub has said he will likely support a 50 basis point rate hike at the next policy meeting on September 30, adding to signals that the central bank may make its biggest hike since 1997 next week. Speaking to Reuters …
Read More »Latham & Watkins Expands Structured Finance Practice to Chicago
“Matt is a highly regarded structured finance lawyer, both in the Chicago market and nationwide, and we are delighted to welcome him to the company, ”said Cathy Birkeland, Managing Partner of the Chicago office. “by Latham Chicago office provides the full spectrum of transactional capabilities on complex domestic and cross-border …
Read More »Breaking News: IAEA Says North Korea’s Nuclear Program Going “At Full Speed”
Live Latest News from September 20, 2021: Get the latest news, breaking news, latest updates, live news, top headlines, latest business news and top news of the day. Welcome to the hindustantimes.com live updates platform where you can find the latest news from India and around the world. Find quick …
Read More »International collaborations & COMEUP 2021
Korean startup First Face wins against U.S. giant Apple over patents, and content startup OGQ could acquire leading stock content company Getty Images. Korea Institute of Startups and Entrepreneurship and Turkish Presidency Investment Office sign MoU to boost investment and enable mutual support for startups. COMEUP 2021 opens pre-registrations for …
Read More »Boston Dynamics robot is now a watchdog at Korean auto factory
GIF: Hyundai Motor / Gizmodo Group The spot may not be work for the cops more, but Boston Dynamics’ four-legged robot already has a new watchdog post at a South Korean auto factory. Cue a new wave of “Black mirror” memes. Its official role will be that of “factory security …
Read More »Celltrion’s monoclonal antibody treatment for COVID-19, regdanvimab (CT-P59) becomes the first authorized COVID-19 treatment approved by the Korean Ministry of Food and Pharmaceutical Safety (MFDS)
Approval Marks First Time Monoclonal Antibody Therapy For COVID-19 Receives Full Approval To Treat Patients With COVID-19 Approval includes an increase in the number of patients who can be treated with regdanvimab (CT-P59) for COVID-19 and a reduced time period for administration of treatment Celltrion continues discussions with global regulators …
Read More »Hyundai Puts Boston Dynamic Spot Robot to Work as Factory Safety Inspector
Boston Dynamics Spot has found a new job, and luckily this time it’s not one. Hyundai has started testing the robot at a Kia manufacturing plant in South Korea, where it will be one of the tools the company will use to keep the facility safe for workers. The pilot …
Read More »Alpha Kappa Alpha Sorority, Inc.® Seeks To Continue To Give HBCU A Financial Boost With Million Dollar One Day Campaign
Despite progress and national direction, historically black colleges and universities across the country still need public support. CHICAGO, September 17, 2021 / PRNewswire / – For the fourth consecutive year, Alpha Kappa Alpha Sorority, Incorporated® will devote a progressive objective to $ 1 million in 24 hours for their national …
Read More »South Korean government sees tech companies as the new chaebol
A SOME MONTHS A few years ago, Kim Beom-su looked like the face of responsible capitalism in South Korea. In March, the billionaire founder of Kakao, which runs the country’s most popular messaging app and many other digital services, pledged to donate half his fortune to charity, the second Korean …
Read More »UPDATE 7-Neighbors condemn ‘scandalous’ N.Korea ballistic missile test
* The launch takes place a few days after the test of the “strategic” cruise missile * Japan condemns ‘scandalous’ test as threat to peace * The launch coincides with the meeting between Chinese and South Korean Formins * US calls destabilizing testing but no immediate threat (updates with comment …
Read More »Cobo Comes to Polygon, Bringing DeFi to Institutional Investors
Cobo customers can now access the benefits of Polygon with seamless access to the best DeFi and Dapps platforms [DUBAI] Polygon, an Ethereum scaling platform that integrates millions into Web 3.0, today announces Cobo Custody, Asia’s leading custodian service provider, and Cobo Wallet, a centralized management platform of crypto and …
Read More »Internet giants catch fire in Korean echo of Chinese crackdown
(Bloomberg) – Kakao Corp. and Naver Corp. fell, set to record the biggest declines in years, after South Korean lawmakers warned the country’s internet giants against abusing their dominant market position in search of profits. Kakao, which runs Korea’s largest messaging and social media service, plunged more than 11%, on …
Read More »Next step in IPOs for licensed P2P lending platforms
Next step in IPOs for licensed P2P lending platforms – Korea Times Finance 2021-09-04 09:22 Next step in IPOs for licensed P2P lending platforms Bank of England Together Funding, 8% are looking to go public earlier than their rivalsBy Park Jae-hyukLicensed peer-to-peer (P2P) lending platforms have started implementing various survival …
Read More »“Discussing Individual Data Sovereignty in the Age of Big Data”, Gyeonggi Province hosts International Data Sovereignty Forum in September
World’s premier international forum on individual “data sovereignty” Opening speech by Governor Lee Jaemyung, keynote lecture by Sir Tim Berners-Lee, inventor of the World Wide Web National and international industry – universities – government experts on MyData and data sovereignty to discuss the role of users in the age of …
Read More »South Korea abolishes controversial gambling closure law
South Korea has abolished its closure law. In this 2020 photo, a gamer from Seoul, South Korea plays on a then newly purchased PlayStation 5. After ten years, South Korea banned its “shutdown law” which prohibited children under the age of sixteen from playing video games for six hours after …
Read More »# 1 Korean Sheet Mask Subscription Now Offers Monthly Solution for Maskne
FaceTory, a skin care company known for its K-beauty subscriptions now offers a subscription to a product that targets the most common skin problem: acne FULLERTON, Calif., August 24, 2021 / PRNewswire / – In 2016, FaceTory has started providing subscription boxes that offer consumers new sheet masks and skin …
Read More »Whelan and deal atop the ANZ bank ranks
Former ANZ chief Mike Smith’s greatest legacy has been his aggressive push into Asia. Hired by HSBC in 2007, Smith wanted to expand ANZ’s global presence and commissioned Whelan to develop the institutional bank. Loading Whelan was sent to Singapore at the height of the global financial crisis, when large …
Read More »The case of mutual educational disarmament
August 21, 2021 ETREND OF THE CONOMISTS be big fans of education, which is perhaps not surprising considering how much they consume and the quality of their textbooks. Alfred Marshall, writing in 1873, hoped that education would help to erase the “distinction between workers and gentlemen”. Gary Becker of the …
Read More »Chinese stock market set to increase earnings
(RTTNews) – The Chinese stock market advanced in two consecutive sessions, rallying more than 70 points or 2% along the way. The Shanghai Composite Index now sits just below the 3,530 point plateau and is called up again on Wednesday. Global forecasts for Asian markets are cautiously optimistic, largely supported …
Read More »Kakaobank: foreigners rush where locals fear to step
The latest information on Korean business and finance Sign up for myFT Daily Digest for up-to-date Korean economic and financial news. KakaoBank, a Korean digital lender, is the latest company to explain the doctrinal divide between tech fans and investors with a focus on fundamentals. Enthusiasts believe that the high …
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