Tag: South Korea

Thailand ends 9-month outflow streak as Asia stocks rally

Thailand Ends 9-Month Outflow Streak as Asia Stocks Rally After a challenging period of nine months marked by continuous outflows, Thailand is finally seeing a positive shift in its stock market as foreign investors return to Asian stocks. This change in momentum comes as part of a broader trend across the region, with countries like […]

Can Hong Kong Reclaim Its Luxury Crown?

Can Hong Kong Reclaim Its Luxury Crown? Hong Kong, once hailed as the epitome of luxury shopping in Asia, is facing tough competition from rival shopping hubs and a dwindling reputation as a regional gateway for big spenders. However, despite these challenges, fashion and jewelry brands in the city are not backing down. Instead, they […]

South Korea joins US-led multinational cyber exercise

South Korea Strengthens Cyber Defense Capabilities Through Participation in U.S.-Led Cyber Flag Exercise The realm of cybersecurity is ever-evolving, with threats becoming more sophisticated and prevalent by the day. In light of this, nations across the globe are prioritizing collaborative efforts to bolster their cyber defense capabilities. Recently, South Korea made headlines by joining the […]

South Korea’s new Science Minister pledges AI-led national transformation

South Korea’s New Science Minister Pledges AI-Led National Transformation South Korea’s technological prowess is set to receive a significant boost with the recent appointment of Bae Kyung-hoon as the country’s Science Minister. With a vision to harness the power of Artificial Intelligence (AI) for national development, Bae Kyung-hoon has outlined four key AI policies that […]

Inside South Korea’s Cosmetic Tourism Boom

Inside South Korea’s Cosmetic Tourism Boom South Korea has emerged as a global beauty capital, attracting tourists from around the world seeking top-notch medical and aesthetic treatments. The country’s cosmetic tourism industry has been flourishing, with state-of-the-art facilities, highly skilled medical professionals, and cutting-edge technologies drawing in visitors looking to enhance their appearance. However, beneath […]

A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire

A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire In the realm of beauty and cosmetics, South Korea has been making waves globally with its innovative products and trends. One name that has recently emerged at the forefront of this booming industry is Kim Byung Hoon, the founder of APR Corp. At just 36 years […]

Trump to Levy 25% Tariffs on Japan, South Korea in August

Trump to Levy 25% Tariffs on Japan, South Korea in August In a bold move that is sure to have significant global economic ramifications, President Trump has announced plans to impose 25% tariffs on imports from Japan and South Korea starting in August. This decision comes as part of the ongoing trade tensions between the […]

South Korea pauses central bank digital currency project

South Korea Pauses Central Bank Digital Currency Project South Korea has made waves in the world of finance with its ambitious plans to launch a central bank digital currency (CBDC). However, concerns over costs and unclear commercial plans have prompted the Bank of Korea to reconsider its groundbreaking project. The Bank of Korea had been […]

Crypto adoption grows among Koreans aged 20 to 50 with Bitcoin leading the way

Bitcoin Leads the Way as Crypto Adoption Grows Among Koreans Aged 20 to 50 Cryptocurrency, once considered a niche interest for tech-savvy individuals, is now making its way into the mainstream financial landscape in South Korea. With Bitcoin leading the charge, a growing number of Koreans aged 20 to 50 are turning to digital assets […]

Major South Korean banks plan won-based stablecoin

Major South Korean Banks Poised to Introduce Won-Based Stablecoin In a groundbreaking move set to revolutionize the financial landscape of South Korea, major banks in the country are gearing up to launch a won-based stablecoin by the year 2026. This joint initiative holds the potential to significantly transform the way payments are made, remittances are […]

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