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Possible US default to cause global financial crisis: experts

A possible US default, which may take place as early as June in what would be a first in the country’s history, will severely damage already shattered US credit and financial system, while push more international investors to shift to other countries’ assets, experts said.

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United States , Janet Yellen , Dong Dengxin , Zhao Xijun , Us Congress , Johns Hopkins University School Of Advanced International , Secretary Janet Yellen , Johns Hopkins University , Advanced International Studies , Associated Press , Securities Institute , Wuhan University , Global Times , Capital Market Research Institute , Renmin University ,

New South Korean Crypto Regulator 'Days Away from Launch', Government Confirms

The South Korean government is set to come good on its promise to launch a new regulatory agency that will govern the domestic crypto sector in the wake of what it calls the “terra (LUNA) incident.” ....

Soult Ukpyolsi , South Korea , South Korean , Ju Hyun Cheol , Adobestock Cozyta , Chosun Ilbo , Capital Market Research Institute , Professor Of Economics At Seoul Dongguk University , Digital Assets Committee , Financial Supervisory Service , Financial Services Committee , New South Korean Crypto Regulator , Days Away , Financial Intelligence Unit , President Yoon , Kim Gap Rae , Park Seon Yeong ,

[ANALYSIS] Will GameStop saga happen in Korea?

By Lee Kyung-min
The U.S. GameStop saga is unlikely to materialize in Korea, due largely to a tighter financial market system where small retail investors have limited influence in spiking up share prices through short-selling, according to market watchers, Wednesday.
The much-politicized investment method is widely used by foreign and institutional investors seeking profit after selling borrowed shares at a lower price in a bear market at the expense of retail investors.
Melvin Capital Management, a New York-based hedge fund that bet against the American consumer electronics and gaming merchandise retailer, lost over half its assets after the shares skyrocketed 2,000 percent in January, driven by organized purchases from small retail investors seeking to dry up short-selling funds. The firm s assets dipped to $8 billion as of January, from $12.5 billion in early 2000. ....

Soult Ukpyolsi , South Korea , Inch On Gwangyoksi , United States , Jung Eui , Hong Dong Hee , Korea Capital Market Research Institute , Korea Stockholders Alliance , Korea Securities Finance Corp , Financial Services Commission , Korea Standard Chartered Bank , Seoul National University , Capital Management , New York Based , Korea Securities Finance , Korea Securities Depository , Standard Chartered Bank , Capital Market Research Institute , Hwang Sei Woon , Korea Composite Stock Price Index , Standard Chartered , National University , Kim So Young , Korean Securities Dealers Automated Quotations , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் ,