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South Korean ETFs Slide On President's Emergency Martial Law Declaration, Opposition Leader Calls Move 'Unconstitutional' (UPDATED)
Tuesday, December 3, 2024 - 11:41am | 786Read More...Editor’s note: This story has been updated with additional details and to clarify a reference to South Korea’s parliament . The country’s parliament speaker is reportedly planning to convene a parliamentary session. South Korean President Yoon Suk Yeol declared emergency martial...
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Alibaba's $71M Bet On Ably Corp Turns It Into South Korea's First Unicorn of 2024
Monday, December 2, 2024 - 4:58am | 587Read More...Chinese e-commerce company Alibaba Group Holding Ltd (NYSE:BABA) has invested $71.4 million or 100 billion Korean won in the South Korean apparel brand Ably Corp. What Happened: Ably is now South Korea’s first unicorn of 2024, with the deal valuing the company at over $1 billion, as per a...
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Big Buffett Bet: Leveraged ETF To Offer Extra Exposure To Legendary Investor
Wednesday, November 13, 2024 - 5:29pm | 712Read More...Warren Buffett is getting the leveraged ETF treatment in the latest fund to offer increased exposure to the Oracle of Omaha’s investments. What Happened: Tidal Investments and Kiwoom Securities Co. jointly launched a new leveraged ETF based on the Class B shares of Berkshire Hathaway Inc (...
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Mark Zuckerberg-Led Meta Fined $15M In South Korea For Collecting Data Of Facebook Users Illegally
Wednesday, November 6, 2024 - 12:34am | 606Read More...Meta Platforms Inc. (NASDAQ:META) has been fined $15 million by South Korea for unlawfully gathering sensitive personal information from Facebook users. What Happened: The South Korean Personal Information Protection Commission found Mark Zuckerberg led Meta guilty of illegally collecting sensitive...
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Did Elon Musk Change His Mind On Celebrity Endorsements? Tesla Signs Deal With Viral Olympian In This Country
Monday, November 4, 2024 - 4:21pm | 784Read More...For years, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk has been adamant about not using celebrity promotions or paid advertisements to advertise the company's products. While the company has come around to traditional advertising, Tesla could also be having a change of heart on the use of brand...
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Kim Jong Un's Sister: Ukraine And South Korea Are 'Bad Dogs' Bred By US
Saturday, November 2, 2024 - 4:30pm | 431Read More...Kim Yo Jong, the sister of North Korean leader Kim Jong Un, has issued a severe warning to Ukraine and South Korea, referring to them as “bad dogs bred by the U.S.” This statement comes in response to reports suggesting that North Korean troops are being deployed to Russia. What...
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North Korean Forces Aiding Russia In Ukraine War Effort
Saturday, October 12, 2024 - 3:30pm | 472Read More...According to South Korean and Ukrainian officials, North Korean soldiers are assisting Russia in its war in Ukraine and will be deployed to the battlefront within months. What Happened: According to a Washington Post report, infantry soldiers from the DPRK are currently undergoing training in...
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Kim Jong Un Orders Constitutional Changes: North Korea Set To Remove Unification Clauses In Key Parliamentary Session
Monday, October 7, 2024 - 9:53am | 506Read More...North Korea is gearing up for a crucial parliamentary session on Monday, where it plans to amend its constitution by removing clauses related to unification and clarifying territorial boundaries, including the maritime border. This session comes in response to Kim Jong-un’s directive for...
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North Korea Threatens Nuclear War, But South's President Calls It A Bid For US Attention
Sunday, October 6, 2024 - 2:00pm | 559Read More...South Korean President Yoon Suk Yeol suggests that Kim Jong Un‘s latest nuclear saber-rattling is a calculated move to draw the attention of the U.S. ahead of the presidential election. What Happened: The South Korean leader anticipates major provocations from North Korea, including a...
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Kim Jong Un Threatens Nuclear Retaliation Against South Korea If Attacked
Friday, October 4, 2024 - 5:55am | 488Read More...Kim Jong Un has issued a stark warning to South Korea, threatening nuclear retaliation if North Korea’s sovereignty is compromised. What Happened: During a visit to a special forces training base, Kim emphasized that any encroachment by South Korea would prompt the use of all offensive...
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South Korea Vows 'Stern Military Action' After Trash Balloons From Kim Jong Un's North Korea Disrupt Country's Busiest Airport
Tuesday, September 24, 2024 - 3:52am | 593Read More...South Korea has issued a stern warning of military action in response to Kim Jong Un‘s North Korea recently launching trash-filled balloons. What Happened: Incheon International Airport, one of Asia’s busiest, faced temporary shutdowns after a balloon was spotted nearby. Operations...
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US And China Join 90 Countries In South Korea For Global Summit On Responsible AI Use In Military
Monday, September 9, 2024 - 5:51am | 467Read More...In a recent development, South Korea hosted an international summit focusing on the responsible use of artificial intelligence (AI) in military operations. The summit saw participation from over 90 countries, including the United States and China. What Happened: The two-day summit, held in Seoul,...
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Alleged Deepfake Sex Crimes: South Korea Puts Telegram Under The Microscope
Tuesday, September 3, 2024 - 2:49am | 573Read More...South Korean law enforcement agencies have launched an investigation into the encrypted messaging platform, Telegram, for its alleged involvement in the dissemination of sexually explicit deepfake content. What Happened: South Korean police are examining whether Telegram played a role in the spread...
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Netflix Wants To Keep You Hooked By Unleashing The Power Of Dubbed Reality Shows, Uses South Korea As Proving Ground
Sunday, September 1, 2024 - 11:32pm | 654Read More...To boost the global appeal of its reality TV shows, streaming giant Netflix Inc. (NASDAQ:NFLX) is reportedly offering cultural training to voice actors to improve the quality of dubbing and translations. What Happened: Netflix is using South Korea as a pilot for this initiative. The streaming...
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Crypto Firm Haru Invest's CEO Stabbed In Seoul During Fraud Trial, Taken To Hospital
Thursday, August 29, 2024 - 12:22am | 270Read More...In a shocking turn of events, the CEO of South Korean cryptocurrency firm Haru Invest was stabbed during court proceedings. What Happened: Hugo Hyungsoo Lee was stabbed in the neck by an individual present at his trial at the Seoul Southern District Court on Wednesday, Reuters reported Wednesday....
















