South Korea orders exchanges to halt crypto lending services

South Korea’s top financial regulator ordered crypto exchanges to suspend new digital asset lending services, citing mounting risks and highlighting a need for clear rules. The Financial Services Commission (FSC) said on Tuesday that it sent...

South Korea Freezes Crypto Lending After ₩1.5 Trillion Boom Triggers Mass Liquidations

TLDR: South Korea’s FSC halted new crypto lending after investors borrowed ₩1.5 trillion and 13 percent were liquidated in a month. Exchanges like Upbit and Bithumb offered lending up to 80 percent collateral or four-times leverage before FSC...

South Korea Halts Crypto Lending as Market Leverage Sparks Regulatory Concern

In brief South Korea has temporarily suspended new crypto lending services, citing a lack of user protection. This development comes after a recent incident at Bithumb that resulted in widespread liquidations. Analysts suggest the accumulation of...

South Korea's auto exports grow over 8% in July despite US tariffs

At home, sales of automobiles rose 4.6 per cent on-year to 138,503 units in July. Domestic production also rose 8.7 per cent to 316,295 units. South Korea's automobile exports rose by more than 8 per cent from a year earlier in July thanks to a...

South Korea: Special Counsel Summons Ex-First Lady Kim For Third Questioning

(MENAFN- IANS) Seoul, Aug 19 (IANS) A South Korean special counsel team on Tuesday summoned former first lady Kim Keon Hee for another round of questioning later this week, after grilling her for the second time on various corruption allegations...

North Korea’s leader Kim Jong-un calls for rapid nuclear buildup amid US-South Korea war games

North Korean leader Kim Jong-un visits a Choe Hyon-class destroyer, in North Korea, August 18, 2025. (Photo via KCNA) North Korean leader Kim Jong-un has called for the rapid expansion of his country’s nuclear armament amid “obvious” provocations...

South Korea: In a bribery investigation into the former first lady, special counsel requests an arrest warrant for a shaman

Seoul, Aug 19: A special counsel team in South Korea on Tuesday filed for a court warrant to arrest a shaman at the centre of a snowballing bribery and influence-peddling scandal involving former first lady Kim Keon Hee, officials said. Special...

Kim Jong Un Orders Nuclear Expansion Amid U.S.-South Korea Drills

North Korean leader Kim Jong Un has ordered a rapid expansion of the country’s nuclear weapons program, describing military drills between the U.S. and South Korea as a “clear expression of their desire to ignite a war.” The state-run Korean...

Former diplomat Lee Hyuk tapped as South Korea's ambassador to Japan

South Korean President Lee Jae-myung's administration is set to appoint former diplomat Lee Hyuk as ambassador to Japan. The 67-year-old Lee has worked three times at South Korea's embassy in Japan as secretary and minister. He also served as head...

Kim condemns US-South Korea military drills, pledges to expand nuclear arsenal

North Korean leader Kim Jong Un called U.S.-South Korea joint drills an “obvious expression of their will to provoke war” and pledged to expand his nuclear arsenal to counter his nation’s adversaries, as reported by state media. Kim’s vow came as...

South Korea Tells Crypto Firms to Stop Launching New Lending Products as Leverage Risk Builds

South Korea’s Financial Services Commission (FSC) has ordered exchanges to suspend new crypto lending products until formal guidelines are in place, citing mounting risks to users and market stability. Regulators pointed to a recent incident at...

Kim Jong Un Calls for Nuclear Expansion, Rules Out Peace with South Korea

TEMPO.CO, Jakarta - North Korean leader Kim Jong Un inspected the country’s newest destroyer, Choe Hyon, at the Nampho Shipyard on Monday, August 18, 2025. North Korea’s state media Rodong Sinmun reported the next day that the inspection coincided...

"Was the bicep kiss necessary": Fans in a frenzy as BTS' Taehyung's latest Coca-Cola ad takes over the big screens across South Korea

On August 19, 2025, fans spotted a new Coca-Cola Coke Zero advertisement featuring BTS’ Taehyung on Weverse. Although only five seconds long, the ad quickly became a trending topic on social media. In the clip, V is seen drinking a whole Coke Zero...

Kim Jong-Un Vows Nuclear Expansion Amid US-South Korea Military Drill

North Korean leader Kim Jong-Un vowed nuclear expansion amid United States and South Korean military drills. State media reported that the North Korean leader inspected the most advanced warship equipped with a nuclear-capable system. Kim Jong-Un...

Video: South Korea unveils all-muscle humanoid robot with human-level control

South Korean robotics giant WIRobotics has unveiled ALLEX, its first general-purpose humanoid robot, at the Robot Innovation Hub (RIH) at the Korea University of Technology. A portmanteau of “ALL-EXperience”, ALLEX can respond to force, contact,...

Corinth and Andong, South Korea: When cities learn… they change the world

In an era where lifelong learning and sustainable development are priorities worldwide, Corinth and the South Korean city of Andong demonstrate that cooperation and mutual trust between cities can build bridges of culture, education and social...

Best 25 Crypto Gambling Sites & Casinos for South Korea 2025 Picks

Kim Jong Un slams South Korea-U.S. drills during an inspection of his most powerful warship

BTS NOT most popular celebrity in South Korea? Surprising TV star takes over most influ...

BTS is a global icon when it comes to online presence and fan satisfaction. With the group’s inclining upwards popularity internationally, they’ve often been dubbed ‘living legends’. However, it seems that domestically, someone else is ruling the...

South Korea: Insurance sector faces profit decline amid education tax hike concerns

The insurance industry has reported a sharp decline in net profits in the first half of the year, raising concerns over its overall performance and the potential impact of the government's proposed increase in the education tax rate. On August 18,...