Yonhap
Coverage of Yonhap in the Nexus archive.
- BOK Warns of Risks From Single-Stock Leveraged ETFs: Yonhap
The Bank of Korea (BOK) has issued a warning about risks associated with single-stock leveraged ETFs. South Korea may introduce 10 trillion won ($6.8 billion) in new fiscal stimulus by March to address uneven economic growth, with potential support for sectors like culture and the arts, according to a Citigroup report.
- South Korea overpass collapse kills three
An overpass collapse in South Korea resulted in three fatalities. The incident was reported with a photograph credited to Yonhap via AP.
- China’s Xi Jinping expected to visit North Korea as early as next week
President Xi Jinping is expected to visit North Korea as early as next week, according to South Korean intelligence reports. The visit reflects warming relations between China and North Korea in recent months. The timing could occur later this month or early next month.
- South Korea crypto sector warns AML proposal goes too far: Report
South Korea's crypto industry body DAXA warns that proposed Anti-Money Laundering rules may lead to an excessive number of suspicious transaction reports, potentially exceeding 5.4 million annually from the country's five largest exchanges. The proposal could significantly impact the crypto sector in South Korea. DAXA expressed concerns over the proposed regulations.