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South Korean Won Gets Hammered With Increase In Foreign Investments


The rise in trade by South Korean investors in foreign stocks and bonds in the previous quarter is threatening to push the Won currency further down. An increase of 51 percent was observed in foreign stocks and bond trades by Korean investors in the last three months alone according to data...

Huawei’s Plight To Help Samsung Gain Larger Market Share


Huawei Technologies has become the centerpiece in the rising dispute between the US and China. With Huawei becoming the second largest seller of smartphones globally, the issues facing the company have taken on a more serious turn. Huawei was initially founded in 1987, following which it expanded...

World’s Biggest Investment Banks to Face Class Action Lawsuit in Australia


Earlier this month, some of the world’s biggest investment banks were found to have been involved in widespread foreign exchange manipulation by the regulatory authorities in the European Union. At the time, it came to light that some of the traders employed with the biggest names in investment...

Renault Board Presented with Merger Offer by Fiat Chrysler


In the world of top-level business, mergers and acquisitions often go on to create behemoths that can tide over any crisis in the industry and over the years, many such mergers have happened in the automobile industry. In a new development, it has now emerged that Fiat Chrysler has sent a merger...

S Korean Bank Unveils ‘Country’s First Blockchain-powered Loans’


South Korea’s Shinhan Bank says it has launched the nation’s first blockchain-powered loans. The bank says that it will use blockchain-powered solutions to overcome hurdles for members of the general public applying for loans online, and will apply the technology to its scraping activities. In...

China Releases New Crypto Rankings


China’s Center for Information and Industry Development has released its latest rankings of 35 crypto projects that were evaluated over the past two months. While several top positions remain unchanged, Bitcoin has climbed up the overall ranking. Also read: Indian Supreme Court Postpones...

Foreign Ownership in IT and Telecom to be Restricted by Japan


Cybersecurity has been a recurring issue for the most government over the past decade or so and the worries went up several notches when the United States accused Chinese telecom giant of being a vehicle for spying for Beijing. The company was eventually banned and blacklisted, but many other...

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