South Korea’s Kospi index climbed back into bull market territory this week. It has risen more than 20% from its July low as memory chip stocks led a broad recovery.
The rally accelerated Thursday when Sandisk (SNDK) jumped 13.7% on a bullish...
BitcoinWorld
Crypto Council for Innovation CEO: Clarity Act Delay Won’t Stop Push for Regulatory Certainty
The U.S. Senate’s decision to postpone a vote on the Clarity Act until September has drawn a measured response from the Crypto Council for...
The Bank of Korea will buy physical gold again after 13 years. Central banks bought 289 tonnes in the second quarter, their strongest second quarter on record.
Gold traded near $4,086 an ounce on Tuesday, up 0.8%. It sits 27% below its January...
South Korea confirmed a 22% crypto tax starting in 2027, just as trading volume across its five main exchanges collapsed nearly 55% during the first half of the year.
The timing raises an uncomfortable question about taxing a market that is already...
Asian markets traded without clear direction on Thursday. Investors weighed a divided Federal Reserve decision against fresh volatility in South Korean equities.
Japan’s Nikkei 225 climbed nearly one percent, trading above 62,000. South Korea’s...
Kioxia Holdings Corp. shares have crashed 65% from their June peak. The drop is now fueling speculation that the Japanese memory chipmaker will speed up dividend payouts and share buybacks.
The selloff has erased roughly $245 billion in market value...
BitcoinWorld
Gopax Names New CEO to Drive GoFi Repayment Resolution and Regulatory Talks
Streami, the operator of South Korea’s cryptocurrency exchange Gopax, has appointed Kim Na-young as its new chief executive officer. Kim previously led...
US investors are paying 51% more than Seoul investors for SK Hynix stock, even after Seoul shares jumped nearly 13% Wednesday, July 15. The premium held as the Korean stock settled at around 10% up on yesterday’s close
The gap reflects strong demand...
