South Korea

Company in the news

BTS manager loses US$10 bil in market cap from peak as stock slides

Hybe Co. dropped 7.1% to 130,000 won on Wednesday, below its 135,000 won debut price

Cryptocurrency

South Korea seeks arrest of Terraform Labs founder Do Kwon

Do Kwon’s followers referred to themselves as “Lunatics”

Cryptocurrency

Early investor in defunct Luna token plans to raise another fund

Simon Seojoon Kim made a name for himself as a crypto evangelist

Global Economy

Briefs: Oil’s wild week continues as prices recover after huge slump

In other news, here are six things to know about South Korea's new president.

Cryptocurrency

Agency running K-pop group BTS preparing dive into NFT with crypto exchange venture

Hybe will pay 500 billion won for a 2.5% stake in Dunamu, which runs the Upbit crypto exchange
CLI sets up two new funds in Japan and South Korea totalling $688 mil - THE EDGE SINGAPORE

Property

CLI sets up two new funds in Japan and South Korea totalling $688 mil

CLI's total FUM has hit $84.3 billion and is on track to meet target of $100 billion by 2024.

Global stocks

Netflix estimates 'Squid Game' will be worth almost US$900 million

"Netflix has found a sound and profitable strategy with its content internationalization efforts."
Singapore and South Korea to launch vaccinated travel lanes from Nov 15 - THE EDGE SINGAPORE

Covid-19

Singapore and South Korea to launch vaccinated travel lanes from Nov 15

The two countries have also reached an agreement on the mutual recognition of Covid-19 vaccination certificates.
Weekout: Häagen-Dazs, AIA Live, Singapore Cable Car, MO Bar, The Future Stage - THE EDGE SINGAPORE

Things to do

Weekout: Häagen-Dazs, AIA Live, Singapore Cable Car, MO Bar, The Future Stage

Interactive game play, online tai chi, Ice-cream staycation, cable car dinners and a cocktail odyssey!
February NODX up by 4.2% on surge in non-monetary gold and PCs - THE EDGE SINGAPORE

Singapore economy

February NODX up by 4.2% on surge in non-monetary gold and PCs

The level of NODX reached $16.7 billion in February, higher than the $15.4 billion recorded in January.
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