Tag: South Korea
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South Korea finance ministry says it may ban foreign banks arranging global bond deals
SEOUL, Oct 8 : South Korea is considering prohibiting investment banks without domestic securities licenses from arranging offshore bond sales of local issuers amid an overseas issuance boom, a Ministry of Finance and Economy official told Reuters.The Ministry of Finance and Economy is gathering feedback from
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South Korea may ban foreign banks arranging global bond deals, Bloomberg News reports
Oct 8 : South Korea is considering regulations to prohibit investment banks without domestic securities licenses from seeking to arrange overseas bond sales of local issuers, Bloomberg News reported on Wednesday citing people familiar with the matter. Reuters could not immediately verify the report.
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North Korea demands South show ‘utmost respect’ to restore relations
SEOUL: The powerful sister of North Korea’s leader said on Thursday (Oct 8) that Seoul must show the “utmost respect” to mend ties, after Pyongyang denied responsibility for a DMZ mine blast that wounded South
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CrowdStrike says China-based suspect used AI tools in South Korean bank hacks
SEOUL: The suspect behind recent cyberattacks targeting South Korea’s financial sector may be a 26-year-old based in China’s Guangdong province who used a Chinese-developed AI agent tool called ARTEX and Anthropic’s
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Trump trade chief Greer reports higher cash holdings as law firm pay topped $650K
U.S. Trade Representative Jamieson Greer reported $1.17 million to $3.75 million in assets and disclosed a prior $10,000 payment from Coupang.
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South Korea launches ‘K-brand’ scheme to fight counterfeits
Under the new “K-Brand Government Certification System”, consumers will now be able to check whether a product is authentic by scanning a QR code attached to it with their mobile phone.
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South Korea weighs cuts to military exemptions for athletes, artists following Asian Games controversy
South Korea’s men’s football Asiad triumph was quickly overshadowed by controversy after some players appeared to celebrate securing military service exemptions.
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South Korea exports eased Russia fuel crisis caused by drone strikes, Ukraine says
LONDON/SEOUL, Oct 6 : Russia imported more than 176,000 tons of petroleum products from South Korean ports in July and August, easing the impact of a fuel crisis caused by Ukrainian drone strikes on Russian oil refineries, Ukraine’s top sanctions official said on Tuesday.The supplies from South Korea made up
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South Korea’s Lee says AI appears to have been used in bank hacks
South Korea’s police have launched a full-scale investigation into the hacking attacks against commercial banks that led to a breach of customers’ personal information.
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South Korea says preparing response to force North Korean apology over DMZ blast
SEOUL: South Korea is preparing a response to force North Korea to apologise for a mine blast in the Demilitarized Zone (DMZ) that seriously wounded two South Korean soldiers, a defence ministry spokesperson said on Tuesday (Oct 6).South Korea is also calling on Pyongyang to come to the table to discuss the m
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