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A service for global professionals · Wednesday, July 16, 2025 · 831,301,484 Articles · 3+ Million Readers
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South Korea Business Newswire

  • Published on Jul 15, 2025

    Tesla’s entry set to boost EV penetration in India

    The company is likely to sell only imported cars in the country and has no plans to manufacture EVs any time soon in India, according to reports | Photo Credit: TORU HANAI As American automaker Tesla prepares to make its debut in Mumbai on Tuesday, car …

    Source: The Hindu Business Line - Neutral
  • Published on Jul 9, 2025

    South Korea expands crypto tax net

    The South Korean government is closing loopholes in its tax laws and revising certain restrictions so its cryptocurrency sector can continue to develop. With the elevation of cryptocurrency status since Lee Jae-myung won the South Korean election, the …

    Source: Cryptopolitan - Indeterminate
  • Published on Jul 9, 2025

    South Korea to reclassify crypto firms as startups eligible for tax cuts and other benefits

    South Korea’s startup ministry proposed a new law revision that would allow crypto firms to register as venture companies. This reclassification would grant them tax reductions and other benefits. According to a notice published on July 9, the country’s …

    Source: crypto.news - Indeterminate
  • Published on 02:37 GMT

    China Can Do More to Improve Relations with the U.S.

    OPINION — Secretary of State Marco Rubio met with his Chinese counterpart, Foreign Minister Wang Yi, at the ASEAN Summit. Rubio described the exchange as “constructive” and hinted at a possible upcoming meeting between Xi Jinping and Donald Trump. China …

    Source: The Cipher Brief - Neutral
  • Published on 02:22 GMT

    X2M Connect raising up to $4.9m as momentum builds

    X2M is growing its capital base, building business momentum across renewable energy, AI and public safety applications. Pic: Getty Images X2M Connect’s Capital raise to include $2.6m placement and $2.3m entitlement offer Funds will pay down debt and lay a …

    Source: Stockhead - Neutral
  • Published on 02:15 GMT

    Eroding US exceptionalism will impact world economy

    GLOBAL investors have long grown wealthy by following the maxim of never betting against the US economy. Yet, there are growing signs that key foundations of this “US financial exceptionalism” are eroding in what could be an era-defining moment. Unchecked, …

    Source: The Business Times Singapore - Neutral
  • Published on 01:58 GMT

    Umbrella labor group set to begin large-scale strike

    SEOUL, July 16 (Yonhap) -- The Korean Confederation of Trade Unions (KCTU), one of the nation's largest umbrella labor groups, was set to launch a large-scale strike to demand the government adopt a pro-labor act. As part of the two-day strike, …

    Source: Yonhap News Agency - Center-right
  • Published on Jul 15, 2025

    Security concerns boost Turkish and global defense firms

    ISTANBUL Rising global security concerns, NATO’s increased defense spending targets and Europe’s pivot toward cooperation with Türkiye have triggered a rally in defense and aerospace stocks. Amid this surge, two Turkish companies, Aselsan and Papilon …

    Source: Hurriyet Daily News - Pro-Government
  • Published on Jul 9, 2025

    LS Marine Solution to Install Cables at 390 MW South Korean Offshore Wind Farm

    LS Marine Solution has been selected as the preferred bidder for the submarine cable installation work at the Shinan Ui offshore wind project in South Korea. The 390 MW offshore wind farm is being developed by a consortium led by Hanwha Ocean and SK …

    Source: Offshore Wind - Neutral
  • Published on 01:47 GMT

    Lee sends APEC summit invitations to global leaders

    South Korean President Lee Jae-myung has officially sent invitations to world leaders, including U.S. President Donald Trump and Chinese President Xi Jinping, for the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju this October. The move marks …

    Source: Donga Ilbo - Center-right
  • Published on Jul 9, 2025

    South Korea plans to lift crypto venture business restrictions

    South Korea’s Ministry of SMEs and Startups announced Wednesday that it plans to lift restrictions preventing crypto-related businesses from qualifying as venture companies. Currently, firms operating in the “virtual asset” sector are excluded from the …

    Source: Coin Telegraph - Indeterminate
  • Published on 01:51 GMT

    Newly-filed plans show Costco is still planning Pensacola store

    Costco officially set its eyes on the Pensacola market by filing a proposal to build a store at 225 E. Nine Mile Road last June Four sets of plans have been filed for the project so far, however they're yet to receive approval from Escambia County’s …

    Source: Pensacola News Journal - Florida - Pending
  • Published on Jul 9, 2025

    South Korea moves to curb unfair stock trading

    SEOUL (Reuters) -South Korea’s financial regulators and stock bourse operator have prepared measures to curb unfair trading practices, including illegal short-selling, after President Lee Jae Myung ordered a “one-strike out” policy for violators. A joint …

    Source: KFGO - North Dakota - Neutral
  • Published on 01:17 GMT

    Can Nvidia persuade governments to pay for “sovereign” AI?

    Late in 2023 Jensen Huang, chief executive of Nvidia, began peddling a new idea. Every country, he said, should have its own artificial-intelligence (AI) system, trained on domestic data, aligned with national values and built using local infrastructure. …

    Source: Mint - Neutral
  • Published on Jul 9, 2025

    Powering the Grid: South Korea’s 2025 ESS Auction

    Go-To Guide: South Korea launched the 2025 1st ESS Central Contract Market auction, offering 540 MW of capacity for energy storage projects across the mainland and Jeju.   This round expands coverage beyond Jeju, introducing refined procedures and stricter …

    Source: National Law Review - Neutral
  • Published on 01:06 GMT

    Hyundai Card banks on data to fuel global ambitions

    Its UNIVERSE AI platform is a key export asset after its Japanese launch. South Korea’s Hyundai Card Co. Ltd. is betting on data science to drive its global expansion, having allotted more than 30% of its annual operating income toward developing these …

    Source: Asian Banking & Finances - Neutral
  • Published on Jul 9, 2025

    A US Army vet thought he'd work into his 70s. A move to South Korea gave him the freedom to retire in his 50s.

    For Steve Wilson, early retirement always felt like a distant dream. At 17, he enlisted in the military and served for two decades, moving from base to base — including a posting in South Korea, where he met his wife. At 38, he retired from active duty and …

    Source: Business Insider - Neutral
  • Published on 01:03 GMT

    Dow drops 400 points on earnings, inflation woes; Nvidia lifts Nasdaq to record close: Live updates

    The Dow Jones Industrial Average fell Tuesday as worries over U.S. inflation and a mixed bag of big bank earnings dragged the blue-chip index lower. The Nasdaq Composite, meanwhile, got a boost from gains in Nvidia. The 30-stock Dow lost 436.36 points, or …

    Source: NBC 4 - New York - Neutral
  • Published on 00:37 GMT

    Notorious B.I.G. Estate Battle, Drake Witness List, Karol G Copyright Win & More Top Music Law News

    THE BIG STORY: As Biggie once said, “Mo Money Mo Problems.” The landmark sale of half of The Notorious B.I.G.’s portfolio to Primary Wave has sparked a messy legal dispute between the estate of the rap icon’s mother, Voletta Wallace, and Biggie’s R&B …

    Source: Billboard - Neutral

05 days 05:54:21

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