South Korea’s ETF market now world's third largest with daily trading volume of 3.17 trillion won
Aug 26, 2021 23:36 pm UTC| Economy Business
South Koreas exchange-traded funds (ETFs) posted an average daily trading volume of 3.17 trillion won from Jan. 1 to Aug. 6 this year, soaring 97 times from 32.7 billion won logged in 2002, to make it the third-largest in...
FSC chief nominee Koh Seung-beom says cryptocurrencies are not real
Aug 26, 2021 23:25 pm UTC| Digital Currency Economy
Financial Services Commission Chairman nominee Koh Seung-beom reiterated the governments refusal to acknowledge cryptocurrency as a viable asset class. In an answer to the National Assemblys National Policy Committee...
World’s first plant-based hard-boiled egg launched by Crafty Counter
Aug 26, 2021 10:29 am UTC| Business Economy
Plant-based foods are gaining popularity today and many companies are cropping up to introduce new vegan food alternatives. While the meatless versions of chicken, beef, and pork are already common these days, a new item...
Krispy Kreme expands its free doughnut promo for COVID-19 vaccinated people with more freebies
Aug 26, 2021 10:00 am UTC| Business Economy
Krispy Kreme has expanded its free doughnut giveaways for people who have already received their COVID-19 vaccines. The coffee and donut chain is offering more treats to make things sweeter for vaccinated...
Aug 26, 2021 09:58 am UTC| Business Economy
There is a new round of vehicle recalls in South Korea, and it involves six unit models. It was reported that BMW, Mercedes-Benz, Audi, and two more automakers have voluntarily issued a recall which will affect almost...
POSCO Chemical investing $240.8M to build battery materials plants in China
Aug 26, 2021 09:56 am UTC| Business Economy
POSCO Chemical, a leading company in coal chemistry and carbon materials, is set to spend $240.8 million or around ₩281 billion to set up two battery materials factories in China. It was reported that these will be the...
S. Korea to pass a bill to block Google Play, Apple's App Store’s in-app billing system
Aug 26, 2021 08:02 am UTC| Business Economy
Googles Play Store and Apples App Stores in-app billing system are expected to be banned in South Korea soon as the countrys law-giving body is set to pass a bill for this. It was revealed on Wednesday, Aug. 25, that the...
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