News with the tag "KRW"

Asia stock markets trade mostly higher on Wednesday, tracking gains on Wall Street overnight, as easing trade tensions and cooler inflation data lifted investor sentiment. Separately, the Trump administration issued new guidance clarifying that the use of Huawei Technologies’ Ascend AI chips “anywhe...

As South Korea approaches its June 3 presidential election, it grapples with economic challenges intensified by renewed US tariffs and internal political instability. South Korea’s leading political and economic figures are setting their sights on revitalizing trade and revamping key economic polici...

Asia stock markets rose on Thursday as investors reacted to President Donald Trump’s announcement on Truth Social that a news conference would be held Thursday to unveil a deal with a “big” country, reportedly the United Kingdom. Meanwhile, he stated that tariffs on China would remain in place ahead...

Asia-Pacific stocks trade were little changed on Wednesday as investor sentiment was clouded as investors digested a series of key economic indicators, chiefly weak factory activity data from Japan and China, and Australian CPI inflation. Sentiment was further dampened by a drop in U.S. futures, as ...

US Treasury Secretary Scott Bessent said early talks with Japan and South Korea this week were “productive,” according to Reuters on Friday. After meeting with Japanese Finance Minister Katsunobu Kato in Washington, Bessent said he “welcomed the strong start” between the two countries as they opened...

The People Power Party (PPP), one of South Korea’s main right-wing political parties, recently announced plans to push forward a new bill to support the country’s cryptocurrency asset sector. The new legislative initiative, named the ‘Digital Asset Promotion Basic Act’, aims to cement the country’s ...

South Korea told the Trump administration on Thursday that it wants upcoming trade talks to stay calm and not spiral into chaos. During the “2+2” meetings held in Washington, D.C., South Korea’s Finance Minister Choi Sang-mok and Trade Minister Ahn Dukgeun met with US Treasury Secretary Scott Bessen...

Japanese real estate firm Open House Group Co., Ltd. has announced that it now accepts Ripple’s native token, XRP, as a means of payment for property. According to its statement, the Tokyo-based company mentioned that it enabled the payment option to simplify the process of buying properties in Japa...

A survey carried out on March 21st across five South Korean crypto exchanges revealed that the number of domestic crypto investors increased by over 50% last year. The amount of crypto owned by South Korean investors is currently worth over 105T won. According to reports from local media outlet Dong...

Get ready for a new opportunity in the crypto market! South Korean exchange giant, Bithumb, has just announced a significant update that’s sure to pique the interest of traders. Prepare for the launch of the ACX/KRW spot trading pair, set to go live on March 22nd. This exciting development opens doo...