Cynthia Kim
Stories by Cynthia Kim
Crypto-loving S Koreans bet big on Luna despite crash
Luna lost 99.99% of its value last week after its paired stablecoin TerraUSD collapsed.
Move to hinterland triggers staff exits at Korea’s $788b pension fund NPS
Some 140 money managers have left NPS since 2016, shortly before it moved to Jeonju, 200 km from Seoul.
S Korea’s central bank board member Koh nominated to head financial regulator
If appointed after the National Assembly hearing, Koh will replace current Chairman Eun Sung-soo.
South Korea’s Posco C&C looks to buy Myanmar military’s 30% stake to end steel JV
Posco plans to carry on with its business in Myanmar.
S Korean retail investors bid over $50b to win shares in BTS label
Offering about 20 per cent stake in its IPO, Big Hit Entertainment has raised some $830 million.
Big Hit’s shares see strong retail investor demand but falls short of expectations
Sentiment was hurt by talk that band members may have to complete South Korea's compulsory military service.
Fan frenzy builds up for boy band BTS group’s music label Big Hit IPO
Big Hit is looking to raise $825.9 million in the IPO that is set to be S Korea's largest in three years.
South Korea says planned ban on cryptocurrency exchanges not yet finalised
South Korea said its plans had not yet been finalised as government agencies were still in talks to decide how to regulate the cryptocurrency market.
After China, S Korea now bans raising money through initial coin offerings
This is a move that follows similar restrictions in China on initial coin offerings.
