The USD/KRW exchange rate faces mounting downside pressure as capital flow dynamics shift significantly, according to recent analysis from OCBCBank... USD/KRW Exchange RateAnalysis ... The trajectory of USD/KRW depends on several evolving factors.
EV registrations worldwide declined by 3% in January as policies take shape in China and the U.S.Global car manufacturers with significant exposure to the U.S ... The decline is primarily due to policy changes in both China and the United States... ....
The U.S. has entered into a trade agreement with Taiwan, with the U.S. cutting tariffs from 20% to 15% and Taiwan pledging to remove 99% of its tariff barriers ... trading partners in the Asia-Pacific region, such as South Korea and Japan ... and Taiwan ... ....
... a cash dividend of KRW 750 per share ... The additional 6.11 million shares scheduled for cancellation correspond to approximately KRW 1.4633 trillion based on the closing price as of February 11.
South Korea is among the beneficiaries of the growing demand for semiconductors as AI continues to take shape globally. The country has set new records, with exports surging by more than 40% in early February ... Exports to the U.S ... ....
South Korea on Tuesday told Coupang to urgently close security loopholes after a government probe linked a major data breach to failures in the company’s user authentication systems ...Probe identifies authentication failures ... Get seen where it counts.
On a consolidated basis, operating losses narrowed by KRW 45.0 billion on improved profitability at subsidiary SK Bioscience On a separate (parent-company) basis, revenue of KRW 1.4404 trillion and operating profit of KRW 95.7 billion.
Dunamu, operator of the cryptocurrency exchange Upbit, has filed an objection to a 35.2 billion won ($25.1 million USD) penalty imposed by South Korea’s financial authorities ... Dunamu receives record fine, faces business suspension ... ....
The financial regulators embraced this decision after identifying several key events highlighting threats to market integrity and consumer safety ... Another key objective is the imposition of fines for IT system failures across the financial industry.
South Korean financial authorities have opened an emergency inquiry into crypto exchange Bithumb, following a system malfunction that distributed 2,000 bitcoins to users during a promotional event ... Get seen where it counts ... ....
On February 6, Lookonchain, among many crypto commentary accounts, shared that Bithumb had accidentally transferred 2,000BTC ($134 million) each to users, instead of 2000KRW ($1.34) in a reward payout.
Korean exchanges saw shares drop for another session as worries about artificial intelligence tools spread through trading floors ... An index tracking developing Asian stock markets slipped half a percentage point by midday trading ... “With U.S ... ....