Those funds help prop up the regime. Hard currency is used to purchase luxury goods to keep elites in line. It also fuels ...

Bank of Korea to launch CBDC pilot for real-world payments Project Hangang: South Korea to begin central bank-issued digital ...

The Bank of Korea (BOK) is set to initiate a pilot program for its central bank digital currency (CBDC), named "Hangang," ...

The Bank of Korea is set to launch a CBDC pilot program, Hangang, to test the feasibility of central bank digital assets for real-time transactions.

Wall Street swung back down, and its former superstars once again led the way. The S&P 500 lost 1.1% Tuesday for its latest ...

Many experts judged that Bitcoin only performs the value storage function among the three functions of money (medium of ...

The central bank's monetary easing in the coming months will not cause a further plunge of the Korean currency or fuel inflation, economists and analysts said Tuesday. Advancing the assessment is ...

South Korea’s Acting President Choi Sang-mok ordered the authorities to prepare measures to streamline regulations on foreign ...

U.S. stocks climbed again as Wall Street's wild roller-coaster ride veers back upward. The S&P 500 rose 0.6% Monday for a ...

The day before, the Korean currency traded at 989.85 won against 100 yen. The watchers expect the Japanese currency will gain further, aided by the receding power of the dollar amid uncertainties ...

A small group of foreign tourists has visited North Korea in the past week, making them the first international travellers to enter the country in five years except for a group of Russian tourists who ...

South Korea’s new measures to boost foreign currency inflows are tinker-at-the-margins tweaks that will breed short-term ...