South Korea will not fight back against US tariffs, acting president Han Duk-soo said on April 20, according to the Financial Times. South Korea has historical debts and is willing to remove trade barriers ahead of talks with Washington.
Han Duk-soo, South Korea's acting president, said his country, which has historical debts and is willing to remove trade barriers ahead of talks with Washington, would not push back against US tariffs, according to the Financial Times.
The South Korean government announced a 33 trillion won support program for the chip industry (up from 26 trillion won last year). South Korea will establish a semiconductor financial assistance program 20 trillion won (17 trillion won last year).
South Korean Minister of Industry, Trade and Resources: Will visit the United States soon.
Policy financing support for automakers increased from 13 trillion won to 15 trillion won this year.
South Korea's trade minister will visit the United States from Tuesday to Wednesday.
According to Yonhap News Agency on the 7th, the South Korean government tentatively plans to hold a new presidential election on June 3rd. The State Council on the 8th will finalize the election date. (Kim Ten)
On April 1, according to Yonhap News Agency, South Korean Acting President Han Duk-soo met with leaders of Samsung Electronics, SK, LG, and Hyundai Motor Group to discuss the issue of US tariffs. Han Duk-soo said that the government will urgently prepare to provide support to companies expected to be affected by US tariffs, including automotive companies.
According to official news, South Korean crypto trading platform Bithumb has announced that it will list Thena (THE).
According to a Hashed Open Research survey, 25% of South Koreans currently own cryptocurrencies. The survey respondents were 2,000 South Korean residents aged 20-69, with the participation rate among the 30-39 age group being the highest, reaching 54%. According to the data, 3.6% of respondents hold crypto assets worth more than 100 million won (about $68,900), and 25% hold between $689 and $3443. 57% of cryptocurrency investors said they use...
According to Korean media News1, the Financial Supervisory Service (FSS) of South Korea released its 2025 annual work plan on February 10, announcing that it will introduce self-regulatory norms for crypto asset information disclosure this year. The move is aimed at minimizing the regulatory gap while the second phase of legislation has not yet been completed. The Financial Supervisory Service said that in addition to formulating self-regulatory norms for information disclosure, it will also int...
On February 3rd, the Nikkei 225 index closed down 1052.40 points, or 2.66%, at 38520.09 points on February 3rd (Monday); South Korea's KOSPI index closed down 64.04 points, or 2.54%, at 2453.33 points.
On January 15th, according to Korean media reports, the Financial Information Analysis Unit (FIU) of the South Korean Financial Commission plans to hold a sanctions review committee against Upbit on January 21st. This is due to the previous discovery of issues related to violations of customer identification (KYC) obligations during on-site inspections of the registration renewal of virtual asset service providers (VASPs). The outcome of the review may involve the determination of the amount of ...
"The'JustJoin 'landing page for suspected North Korean hackers has reappeared," SlowMist CISO 23pds said in a post on X.
South Korea's National Assembly failed to pass the "Civil Unrest Special Prosecution Law" and the "Kim Jianchi Special Prosecution Law".