Tag: South Korea
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South Korea’s stock market rout isn’t a vote against the country, market exchange chief says
“This is a rebalancing exercise, and has nothing to do with any loss of conviction in the Korean market,” Korea Exchange CEO Jeong Eun-bo said.
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South Korea expects favourable outcome after Lee’s EU steel request
SEOUL, June 11 : The European Union said it would give maximum consideration to South Korea’s request for favourable treatment of its steelmakers under the bloc’s new import regime, a senior South Korean presidential adviser said on Thursday. South Korean President Lee Jae Myung made the request during a meet
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Coupang: South Korea fines e-commerce giant $400m over massive data breach
The record fine comes after around 37.5 million users had their private data exposed.
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South Korea hits Coupang with record fine over e-commerce data leak
SEOUL: South Korea hit e-commerce giant Coupang with a record US$408 million fine on Thursday (Jun 11) over a leak that allegedly exposed more than 30 million customers’ data and has provoked the ire of US lawmakers.Coupang, the country’s largest online retail platform, signalled in a statement that it would
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South Korea fines e-commerce giant Coupang record US$400 million over data leak
SEOUL: South Korea imposed on Thursday (Jun 11) a record US$408 million fine on e-commerce giant Coupang over a leak that exposed the data of more than 30 million customers, provoking ire from US lawmakers.The move caps a months-long probe into the country’s largest online retail platform, which is incorporat
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South Korea presses EU for fair treatment on new steel import duties
SEOUL, June 11 : South Korean President Lee Jae Myung asked the European Union to give Korean steel makers “favorable consideration” as the bloc gets set to raise import tariffs on July 1, his office said on Thursday. Lee made the request during a summit with European Council President Antonio Costa and Europ
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Trade and defence top of agenda at EU-South Korea summit
As security threats grow and geopolitics shift, the European Union and Republic of South Korea have celebrated a new Digital Trade Agreement at a summit in Brussels. #EuropeNews
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University students across South Korea to protest in ballot shortage row
The head of the election watchdog has resigned over the ballot paper row, but authorities have not offered to hold a new vote, sparking protests.
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Watch: Batteries, microchips, and K-Pop—what’s at stake at the EU-Korea Summit
European leaders António Costa and Ursula von der Leyen are hosting South Korean President Lee Jae Myung for the EU-Republic of Korea summit. Why it is important? #EuropeToday
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South Korea has cleared SpaceX-IPO-linked dollar demand of around $1.5 billion, source says
SEOUL, June 10 : The massive demand for foreign exchange conversions tied to SpaceX’s IPO, which has weighed heavily on the South Korean won in recent weeks, has been cleared, a source familiar with the matter told Reuters on Wednesday.The estimated $1.5 billion in orders for dollar purchases has reached its
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