#SOUTHKOREAN News

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Key Solar Panel Ingredient Is Made in the U.S.A. Again

nytimes.com A factory in Moses Lake, Wash., that shut down in 2019 will soon resume shipping a critical ingredient used in most solar panels that for years has been made almost…

Maverick Tech Picks: 7 Stocks to Scoop Up While the Crowd Panics

investorplace.com Panicked markets are sending shares of currently contrarian tech stock picks lower and creating an opportunity to buy Investors continue adjusting to the notion that…

Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share

cryptonews.com Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the Korean crypto market. The platform currently dominates over 80% of…

South Korean Upbit Becomes Top 5 Exchange by Volume

coinspeaker.com Coinspeaker South Korean Upbit Becomes Top 5 Exchange by Volume Upbit, a South Korean crypto exchange based in Seoul’s ritzy Gangnam district, has climbed to become the top…

LG Electronics Posts Profit Turnaround on Steady Revenue Growth

wsj.com The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer…

LG Display returns to quarterly loss on drop in off-season demand

aol.com South Korean flat-screen maker LG Display returned to an operating loss in the first quarter, hit by weakening demand for large display panels for TVs and small panels for…

China's edge in flying cars and an Asian tag-team in AI

asia.nikkei.com Hello everyone, this is Cissy from Hong Kong. When I was at the CES trade show in Las Vegas earlier this year and wrote a story about Chinese EV maker Xpeng's big ambition…

Upbit Takes A Spot In Top Five Crypto Exchanges Challenging Binance, Coinbase

coingape.com Asia cryptocurrency markets are seeing a strong revival once again as the South Korean crypto exchange Upbit now occupies a spot along the top five global exchanges. Recent…

South Korea's largest K-pop agency Hybe accuses sublabel executives of breach of trust

cnbc.com South Korea's largest entertainment agency Hybe is set to file an official complaint against executives of its sublabel ADOR on charges of breach of trust and other…

LG Energy Solution to minimise capex this year due to slow EV demand

aol.com South Korean battery maker LG Energy Solution (LGES) said on Thursday it plans to minimise capital expenditure this year due to slowing global electric vehicle (EV) demand,…

Asian stocks fall as Meta sparks renewed tech rout

investing.com Investing.com-- Most Asian stocks fell on Thursday, with technology shares tracking losses in their Wall Street peers following disappointing guidance from internet giant…

Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand

cnbc.com SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25.…

South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy?

cryptonews.com The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24. Per Naeil Shinmun, the…

Developer Sam Mizrahi files lawsuit against Edward Rogers and his real estate fund, alleges $30-million loss

theglobeandmail.com Real estate developer Sam Mizrahi has filed a lawsuit against Edward Rogers and Constantine Enterprises Inc., the real estate fund Mr. Rogers owns, escalating a battle…

Designer brands owed millions after Matchesfashion collapse

theguardian.com Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after online fashion site…

Terra Founder Do Kwon Files Extradition Appeal, Calls Out 'Bizarre' Legal Readings From Court

decrypt.co The legal brawl in Montenegro over Terraform Labs co-founder Do Kwon isn’t over just yet. Lawyers filed an appeal Tuesday on behalf of Kwon, pushing back against a decision…

Avoid All Korean Car Brands Except These 4

247wallst.com When it comes to Korean auto manufacturers, there are really only two names in the game. Between them, Hyundai and Kia own that market. Note also that Hyundai is Kia’s…

Do Kwon is headed for trial in South Korea but SEC still wants him and Terra to cough up $5.3bn

dlnews.com The US isn’t forgetting about Do Kwon. The co-founder and onetime CEO of Terra may be on the verge of boarding a flight from Montenegro to his native South Korea to face…

KT Corporation Submits Annual SEC Filing

tipranks.com has released an update. KT Corporation, a major South Korean telecommunications operator, has filed its annual report for the f...

North Korea throws down gauntlet to US and allies

newsweek.com Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, said on Wednesday that her country would press on with its "overwhelming" military buildup in response…

SK Hynix Plans Additional $14.6 Billion AI Chip Investment in South Korea

wsj.com The South Korean memory-chip maker plans to invest an additional $14.6 billion to expand its semiconductor production capacity to meet growing demand for…

Nikkei, Hang Seng, China Stocks Rally on Tech Earnings Boost

asiafinancial.com Asia’s major stock indexes rallied on Wednesday, riding a tech-fuelled Wall Street wave and buoyed by rising optimism over a US interest rates turnaround. An after-hours…

A South Korean woman says she fell in love with a fake Elon Musk who talked up a storm about building Gigafactories and luxe helicopter rides. Then she gave…

aol.com None A South Korean woman lost $50,000 after falling in love with a fake Elon Musk. • None The Musk impersonator befriended her on Instagram, where he told her he "contacts…

K-Pop Clash as HYBE Probes Alleged Breakaway Attempt by NewJeans Label ADOR

variety.com HYBE Corp., the biggest corporation in the South Korean pop music scene, has begun an audit into ADOR, the label responsible for K-pop act NewJeans. HYBE says that…

Kim Jong Un's Sister Pledges To Build North Korea's 'Overwhelming' Military Power Amid Rising Regional Tensions

benzinga.com In a recent statement, Kim Yo Jong, sister of North Korean leader Kim Jong Un, announced that North Korea is committed to strengthening its military power to safeguard its…

North Korean hackers target South's defense sector, police say

asia.nikkei.com SEOUL -- South Korean police and arms procurement authorities say North Korean hackers have been targeting the country's burgeoning defense sector over the past 18 months in…

South Korean Police Arrest 49 in Crypto-powered Drug Trading Bust

cryptonews.com South Korean police have arrested 49 people in a raid on a suspected crypto-powered drugs trading gang, officers announced on April 23. Per Newsis, the Busan Police Agency…

'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them

cnbc.com BofA forecasts the Chinese yuan to trade at 7.35 against the dollar this quarter and weaken to 7.45 in the third and fourth quarters. The bank expects yuan depreciation…

Kim Jong Un Oversees "Nuclear Counterattack" Drill

zerohedge.com Kim Jong Un Oversees "Nuclear Counterattack" Drill North Korean leader Kim Jong Un oversaw salvo launches of the country’s "super-large" multiple rocket launchers in what…

Regulatory Drama: Why Crypto.com Postponed Its Big Move Into Korea Days Before Launch

bitcoinist.com Crypto.com, a global crypto exchange, recently postponed its much-anticipated retail market expansion in South Korea, originally scheduled for April 29. This strategic…

LG Energy Solution to license out battery patents to block tech infringement, exec says

aol.com LG Energy Solution said on Wednesday it would launch a new business model of licensing out its battery technologies next month, as infringements of the South Korean…

North Korea officials visit Iran in a rare public trip

asia.nikkei.com A North Korean delegation led by the cabinet minister for international trade is visiting Iran, the North's official media said on Wednesday, in a rare public report of an…

Samsung Subsidiary Invests in DePIN Firm Roam

cryptonews.com The Samsung subsidiary Samsung Next, an affiliate of Samsung Electronics, has made an undisclosed investment in the DePIN player Roam. Per the South Korean media outlet…

‘It Is Desolate’: China’s Glut of Unused Car Factories

nytimes.com On the outskirts of Chongqing, western China’s largest city, sits a huge symbol of the country’s glut of car factories. It’s a complex of gray buildings, nearly a square…

Trump sounds alarm on strong dollar boomeranging over Asia

thehill.com The power of the dollar over weaker Asian currencies is attracting attention as the prospect of interest rate cuts by the Federal Reserve recedes over the horizon. Former…

South Korean cafe Hollys readies first Japanese outpost in Osaka

asia.nikkei.com OSAKA -- South Korean cafe chain Hollys opens its first Japanese location next week in Osaka, hoping to use a popular destination among South Korean tourists as a…

Alarm sounded over major North Korean hacks

newsweek.com North Korean hackers have stolen technical data from South Korean defense companies, Seoul says. The Hacking groups, which are believed to have North Korea's state backing,…

After crypto ETF movement in Hong Kong, other Asia regulators could act

blockworks.co It appears ever more likely that fund issuers will launch crypto ETFs in Hong Kong very soon. This move could catalyze acceptance of such funds elsewhere, with some…

Can anything stop Nvidia’s Jensen Huang?

economist.com Jensen Huang is a man on a mission—but not so much that he does not have time to tell a good story at his own expense. Last spring, when his semiconductor company, Nvidia,…

Samsung’s boss avoids prison, again

economist.com IT HAS BEEN a while since Lee Jae-yong did not have a court date in his diary. In 2017 the scion of the family that controls Samsung, South Korea’s mightiest chaebol…

As China’s markets suffer, what alternatives do investors have?

economist.com Some foreign investors in China are most worried by the country’s souring relations with the West. Others fret about the unprecedented slump in its property market. Many are…

Crypto.com delays South Korea launch amid regulatory hurdles

coinjournal.net Crypto.com postpones South Korea entry. The company had acquired OK-BIT and PnLink for regulatory compliance. Despite the temporary halt, the company remains committed to…

Vaults into Top 100 Cryptocurrencies After New Exchange Listing

beincrypto.com South Korean crypto exchange Upbit has announced the recent listing of Akash Network (AKT) Following the listing, the price of AKT has seen an impressive price surge, which…

FIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny

coinspeaker.com Coinspeaker FIU Visit Delays Crypto.com’s South Korea Launch amid Regulatory Scrutiny Crypto.com, a leading crypto exchange, halted its plans to launch in South Kore­a. On…

Crypto .com postpones expansion plans for South Korea, talks with regulators

cryptobriefing.com Cryptocurrency exchange Crypto.com has postponed its planned retail expansion in South Korea, originally scheduled for April 29, in order to engage in further communication…

Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe

coindesk.com Crypto.com said it’s postponing a planned launch in South Korea after local news outlet Segye Ilbo reported on Monday that the exchange platform was facing an “urgent…

Alibaba said to invest in women’s clothing app operator Ably to tap into South Korea’s booming online fashion market

scmp.com Alibaba said to invest in women’s clothing app operator Ably to tap into South Korea’s booming online fashion market is eyeing its first investment in . is eyeing its first…

Crypto.com Hits Pause on South Korea Debut Amid Regulatory Probe

watcher.guru Prominent cryptocurrency exchange, Crypto.com recently announced that its entry into the South Korean market has been postponed. The firm’s decision follows heightened…

Akash Network’s Token Surges 50% on Upbit Listing

coindesk.com None The AKT token is up more than 50% over the past 24 hours. • None Cloud computing platform Akash was built using the Cosmos software development kit (SDK) and…

The not-so-silent type: Vulnerabilities across keyboard apps reveal keystrokes to network eavesdroppers

citizenlab.ca We analyzed the security of cloud-based pinyin keyboard apps from nine vendors — Baidu, Honor, Huawei, iFlytek, OPPO, Samsung, Tencent, Vivo, and Xiaomi — and examined their…

Akash Network’s AKT rallies by 54% today as Algotech’s presale approaches $4m

coinjournal.net TL;DR AKT is the best performer amongst the top 100 cryptocurrencies by market cap today, adding 54% to its value. Algotech’s presale is approaching the $4 million mark as…

Leads Crypto Top 100 With 46% Rise: Here's Why

newsbtc.com Amidst a rather quiet altcoin market, Akash Network (AKT) has emerged as today’s standout performer among the top 100 cryptocurrencies by market capitalization, recording a…

Crypto.com postpones South Korea launch following reported visit from local regulators

theblock.co Crypto.com says it is working with local regulators to join the South Korean market, which is difficult for international exchanges to enter.

Hang Seng Boosted By Wall St Tech, Weak Yen Lifts Nikkei

asiafinancial.com Asia’s major stock indexes advanced on Tuesday as a tech-led Wall Street rally buoyed the mood across the region. Investors were betting on earnings reports due out from US…

North Korea activates 'nuclear trigger' system in counterattack drill

newsweek.com North Korean leader Kim Jong Un led a tactical drill on Monday to simulate a nuclear counterattack, the country's state media said on Tuesday, a day after neighboring…

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