VICTORIA, Seychelles, Sept. 23, 2022 (GLOBE NEWSWIRE) — OKX, the world’s second largest cryptocurrency exchange, today announced the launch of OKX Lite, a simplified version of its trading app that makes it easy for users to buy, sell, swap and put their crypto to work. With a more streamlined look and feel than the version […]
SEOUL– South Korea’s central bank said Friday that it has agreed to open a dollar-for-won currency swap line with the state pension fund in a bid to ease demand for dollars in the domestic foreign exchange market and support the rapidly weakening local currency. The swap deal will allow the National Pension Service (NPS) … Read more
SEOUL– South Korea and the United States agreed Friday to make joint efforts to seek solutions regarding a new U.S. law that gives tax credits to buyers of electric vehicles assembled only in North America. The consensus was reached during a meeting between Trade Minister Ahn Duk-geun and U.S. Trade Representative (USTR) Katherine Tai … Read more
SEOUL– A quarter of drug offenders used online platforms, including social media and mobile messengers, to trade illegal narcotics over the past five years, police data showed Friday. According to the National Police Agency data submitted to Rep. Kang Sun-woo of the opposition Democratic Party, a total of 49,850 people were apprehended on drug … Read more
SEOUL– Prime Minister Han Duck-soo met with the ambassadors from 13 countries in the Asia-Pacific region Friday and asked for their support for South Korea’s bid to bring the 2030 World Expo to the southeastern port city of Busan, Han’s office said. “South Korean people and the political and business circles are working hard … Read more
SEOUL– South Korea’s central bank said Friday that it has agreed to open a temporary dollar-for-won currency swap line with the state pension fund in a bid to ease demand for dollars in the domestic foreign exchange market and support the rapidly weakening local currency. The swap deal will allow the National Pension Service … Read more
SEOUL– South Korean stocks dropped to the lowest level this year on Friday on mounting fears that the Federal Reserve’s aggressive rate hikes would further exacerbate a global recession. The local currency went up against the greenback. The benchmark Korea Composite Stock Price Index (KOSPI) fell by 42.31 points, or 1.81 percent, to 2,290, … Read more
BUSAN– Two Liberian men visiting the southern port city of Busan to attend an international event were put under emergency arrest by local police Friday on suspicion of sexually assaulting two South Korean middle school girls. The Busan Dongbu Police Station said it is investigating the two men, both known as civil servants of … Read more