South Korea

Top  News From Asian Financial Landscape

Top  News From Asian Financial Landscape

A lot is happening in Asia right now, from pirate attacks on ships to integrating AI into new applications. Dive into our weekly news round-up dedicated to the Asian financial landscape to stay up-to-date with the latest news.  Risks At The Red Sea Might Push Oil Prices Up The recent violence in the Red Sea…

Asian Market Digest And Financial Pulse

Asian Market Digest And Financial Pulse

Asia has been seeing a surge in its economy for the last few years. On that note, we’ve come up with the top business and financial news from Asia. Make sure to go through the whole read. South Korean Banks See A  23.9% Decline In Net Income The financial supervisor service of Korea has stated…

Asian Market Digest & Financial Pulse 

Asian Market Digest & Financial Pulse 

Twitch Shuts Its Services In South Korea Amazon’s global streaming platform Twitch has shut down its services in South Korea. The reason for this decision is the high operating costs in South Korea. The CEO of Twitch, Dan Clancy, said that the company has been operating in South Korea at a loss, and it is…

Samsung Electronics Appoints New Executive Chairman

Samsung Electronics Appoints New Executive Chairman

Samsung Electronics announced a new executive chairman for the company on Thursday. Jay Y. Lee is the newest face to be crowned as the chairman of the biggest smartphone and memory chip makers in South Korea. This appointment confirms that Samsung is ready to be run by the third generation of its founders.  Jay Lee…

Adani Group Gives Green Signal to $5 Billion Steel Project With POSCO

Adani Group Gives Green Signal to $5 Billion Steel Project With POSCO

South Korea’s POSCO and Indian billionaire Gautam Adani, together, aim to invest about $5 billion in the steel project in the western state of Gujarat.  With this, the conglomerate, which is India’s largest player in ports and renewable energy, is making a move in the metal sector. Before this, it steps into aluminum and copper….