Tag: korea
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Analysis:Korean ‘ants’ swarm back to Wall Street as KOSPI rout dents homecoming drive
SEOUL, Aug 7 : South Korea’s stock market rout is unravelling a government-backed effort to lure retail ‘ant’ investors home, driving the biggest rush into the U.S. market in six months and reviving a long-standing risk to the won.In July, as the benchmark KOSPI sagged to its largest monthly loss since the de
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Drone warnings, sheltering in airports: South Korea battles historic heatwave
The president has called the extreme heat a “national disaster” and ordered agencies to mobilise all resources.
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Heatwave: South Korea records its hottest day since records began
There have been at least 19 deaths related to the heatwave which has brought the country’s hottest day since records began.
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South Korea: Police raid Starbucks HQ over ‘Tank Day’ fiasco
Starbucks Korea faced major backlash after being accused of trivializing a 1980 massacre. Police say their internal investigation was not thorough enough.
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Korea: Police raid Starbucks offices over ‘Tank Day’ fiasco
Starbucks Korea faced major backlash after being accused of trivializing a 1980 massacre. Police say their internal investigation was not thorough enough.
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Heat kills 19 in South Korea this summer: government agency
South Korea’s record-breaking heatwave has caused over 2,200 heat-related illnesses, with temperatures reaching a national record of 42.5°C in Yangsan.
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South Korea: 16 dead amid record heat wave
President Lee Jae Myung called on officials to take prompt action as extreme weather conditions became “normal.” Authorities extended their first-ever heat wave warning for all of Seoul on Tuesday.
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South Korea vows to soothe stock market volatility as ETF boom slows
SEOUL, Aug 4 : South Korea will take steps to curb stockmarket volatility, the finance minister said on Tuesday, amid signs of a slowdown in retail investment in single-stock leveraged exchange-traded funds (ETFs).A cap that could limit such ETFs to 20 per cent of an individual’s total investment assets was a
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South Korea inflation cools, but back-to-back rate hike not ruled out
SEOUL, Aug 4 : South Korea’s consumer inflation softened to a three-month low in July, coming in below market expectations on a fall in oil prices, though policymakers remained wary of upward pressures and markets did not rule out a possible back-to-back rate hike this month.The consumer price index (CPI) ros
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Unraveling Russia’s bridge project with North Korea
In the far east, well away from world events, Russia and North Korea are building their first road connection. The project has set alarm bells ringing in Ukraine.
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