The FinTech Hub
Source: Live Mint (Bloomberg) — As South Korea prepares to lift a 17-month ban on short selling, market watchers are expressing confidence that long-term benefits from the resumption of the popular trading practice will far outweigh any near-term volatility. Come Monday, the $1.7 trillion market will once again be open for short-selling strategies used by…
Source: Live Mint South Korea’s industry ministry has become the latest government to restrict access to the Chinese artificial intelligence startup DeepSeek, citing security concerns. The ministry issued a temporary ban on employee access to the AI service, urging ministries and agencies to exercise caution when using generative AI technologies like DeepSeek and ChatGPT. This…
Source: Live Mint South Korea’s data protection authority has announced it will seek clarification from Chinese tech startup DeepSeek regarding its handling of users’ personal information. This comes after the company unveiled its powerful new AI chatbot, the R1, which has raised concerns over data privacy and sparked turmoil in global tech markets. DeepSeek’s R1…
Source: Live Mint Investors are accustomed to volatility in the semiconductor industry. But recent ups and downs have been especially discombobulating. On October 15th ASML, a supplier of chipmaking gear, reported that orders during its most recent quarter were only half what analysts had expected, causing its shares to plunge. Two days later TSMC, the…
Source: Live Mint South Korea’s central bank vowed to stabilize financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk Yeol. “The Bank of Korea intends to utilize all available policy instruments, in conjunction with the government, to…
Source: Live Mint As South Korea descends into political chaos, its equity market risks falling further behind major tech rival Taiwan, which is basking in the glory of the global artificial intelligence boom. A near 30% surge in Taiwan’s stock benchmark this year, set to be the best since 2009, has already helped spur a…
Source: Business Standard An estimated $4.6 trillion in assets under management track the index | Representative Picture 2 min read Last Updated : Oct 09 2024 | 7:00 AM IST Global index provider FTSE Russell on Tuesday said it would include India’s sovereign bonds in its Emerging Markets Government Bond Index (EMGBI) starting September…
Source: Business Standard India’s capital markets regulator said last month it’s working to streamline the registration process for foreign investors. Photo: Bloomberg 4 min read Last Updated : Oct 07 2024 | 7:37 AM IST By Catherine Bosley South Korea has ticked every box in an attempt to get its bonds included in…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 12:56 PM IST Food tourism is on the rise, and Asia is a culinary hotspot for many travelers. According to a new study by digital travel platform Agoda, South Korea is the top destination for food enthusiasts in the region. …
