News
Startups and tech in Latin America
1+ day, 11+ hour ago (892+ words) March 5 (UPI) -- Part of a series on capital flows and political risk in Latin America This installment looks at Chile and Colombia, two markets that sit at different points on the risk spectrum. Together, they show why the financing hurdle…...
Daishin Securities bans stock trading for 100 staff
1+ week, 19+ hour ago (367+ words) Feb. 26 (Asia Today) -- South Korean brokerage Daishin Securities has imposed a sweeping ban on domestic stock trading for roughly 100 employees in departments considered vulnerable to unfair trading practices, after an internal audit uncovered an alleged share price manipulation scheme involving…...
Leverage surges as stocks hit highs, liquidation risk grows
1+ week, 3+ day ago (292+ words) Feb. 24 (Asia Today) -- As South Korea's stock market continues to post record highs, borrowing to invest has surged, raising concerns about forced liquidations if prices reverse. Data from the Korea Financial Investment Association show securities lending balances reached 149.17 trillion won…...
N. Korea designated 'high-risk jurisdiction' for money laundering, terrorism financing for 16th year
2+ week, 2+ day ago (188+ words) N. Korea designated 'high-risk jurisdiction' for money laundering, terrorism financing for 16th year'upi.com N. Korea designated 'high-risk jurisdiction' for money laundering, terrorism financing for 16th year North Korea has been designated a "high-risk jurisdiction" for money laundering and terrorism financing for the 16th consecutive…...
S. Korea watchdog inspects Bithumb over ‘ghost coin’ incident
3+ week, 2+ day ago (276+ words) Feb. 10 (Asia Today) -- South Korea's financial watchdog has launched a formal inspection of cryptocurrency exchange Bithumb following a major accounting error known as the "ghost coin" incident, as authorities scrutinize potential violations of the country's Virtual Asset User Protection Act....
Krafton tops 3 trillion won in revenue on record 2025 results - UPI.com
3+ week, 3+ day ago (544+ words) Feb. 9 (Asia Today) -- South Korean game developer Krafton said Monday it posted its strongest results since its founding, with annual revenue surpassing 3 trillion won for the first time in 2025. Krafton reported full-year revenue of 3.33 trillion won ($2.50 billion) and operating profit…...
[Editorial] Markets Brace for Volatility After Fed Chair Nomination - UPI.com
1+ mon, 4+ day ago (264+ words) Feb. 2 (Asia Today) -- Financial markets reacted sharply late last month following news that former Federal Reserve governor Kevin Warsh had been nominated as the next chair of the U.S. central bank. On Jan. 30, U.S. markets saw broad volatility. The tech-heavy Nasdaq fell…...
Mirae Asset issues Korea’s first digital bonds
1+ mon, 1+ week ago (271+ words) SEOUL, Jan. 29 (UPI) -- South Korea's leading brokerage house, Mirae Asset Securities, said it raised about $70 million through the country's first issuance of digital bonds. The Seoul-based company said that the deal was structured to attract global liquidity by simultaneously raising…...
Korea warns last year’s hacking fallout could fuel new cyber threats - UPI.com
1+ mon, 1+ week ago (334+ words) Jan. 27 (Asia Today) -- South Korea's Ministry of Science and ICT warned Tuesday that the impact of last year's large-scale hacking incidents is far from over, cautioning that leaked personal data could be exploited in more sophisticated cyberattacks this year. According…...
Dow, S&P 500 and Nasdaq fall amid global tensions - UPI.com
1+ mon, 2+ week ago (259+ words) Jan. 20 (UPI) -- The Dow Jones Industrial Average fell more than 870 points, while the S&P 500 and Nasdaq Composite each fell by more than 2%, amid global trade tensions on Tuesday. The Dow closed down 870.73 and 1.76% at 48,488.59, the S&P 500 fell 143.15 and…...