Painful Housing Market Slump? Not in Recession-Proof Asia
The financial markets are struggling. But the much-anticipated housing market crash is not coming. In fact, across Asia, there is a boom.
South Korea
South Korea news.
Airline Stocks Glimpse Daylight with Stunning Profits in South Korea
Airline stocks have fallen substantially since March. But South Korea’s top airlines are posting surprising profits with a unique strategy.
3 Reasons a Coronavirus Second Wave Threatens China & South Korea
China and South Korea passed the peak of coronavirus. The risk of a second wave of the virus remains, and precautions cannot be softened.
S.Korea Coronavirus Outrage Triggers 1.4 Million-Strong Impeachment Vote
The South Korean government, under President Moon Jae-in, is under intense scrutiny for its handling of the coronavirus outbreak. | Source:
It’s No Accident That We’re Obsessed with Parasite & BTS
With “Parasite” crashing the Oscars and BTS tickets selling out in seconds, even skeptics have to admit that the Korean entertainment industry is here to say.
South Korea’s National Assembly is Debating a League of Legends Scandal
National Assembly of South Korea held a debate to hold eSports execs accountable for a League of Legends (LoL) scandal involving Griffin.
Bernie Sanders and His $15 Wage Plan Won’t Help the Poor. Just Ask South Korea.
U.S. Senator Bernie Sanders is running for president in 2020, and as expected, he is focusing his campaign on his signature $15 minimum wage initiative. However, contrary to what Bernie Bros think, a forced increase in basic wage could lead to a drastic decline in jobs growth, cripple small businesses, and trigger an overall slowdown … Read more
Here’s How the Gov’t of Seoul is Using a Public Blockchain in the Real-World
The government of Seoul is using ICON, the largest blockchain project in South Korea by valuation, to process information, issue documents, and conduct a wide range of administrative tasks. On February 8, the Seoul Metropolitan Government moved forward with its plans to develop a blockchain ecosystem with the people of Seoul by creating the Seoul … Read more
A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank
A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. As a result, … Read more
Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban
The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a statement. The decision by the South Korean Financial Services Commission (FSC) follows a survey which the regulator commissioned. Among the findings of the survey include the fact that some ICO projects misrepresented themselves. For instance, some … Read more