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Last year, Korean vehicle manufacturers and battery makers were busy forming joint ventures with Chinese companies, on the one hand, and with U.S…
Upbit, the titan of South Korea’s cryptocurrency exchange market, has once again made headlines. This time, it is for listing two notable altcoins, Altlayer…
A construction firm in South Korea is offering 100 million Korean won ($75,000) for every child born to its employees, in a bid to address the nation's declining birth rates. About the incentive: Booyoung Group has pledged its employees a total commitment of 7 billion won ($5.25 million) for 70 babies born since 2021, reported the Chosun Daily. Why it matters: The initiative is a response to South Korea’s alarmingly low fertility rates, with projections of a population decline not witnessed since the 1970s.
Notably, liquidity from spot ETFs, speculation on lower inflation rates, and the upcoming halving have aided Bitcoin’s recovery this week.
Korea's total revenue, including tax gains, fell 77 trillion won ($57.9 billion) on-year in 2023 due to economic challenges from home and abroad, government data showed Thursday.