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Bitcoin prices fall as South Korea says ban still an option

SEOUL, Korea, Republic Of — Prices of bitcoin and other digital currencies have skidded after South Korea’s top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible. Finance Minister Kim Dong-yeon said in an interview with local radio station TBS that banning trading in digital currencies was “a live …

Asian stock markets edge higher; US dollar falls against yen

SEOUL, Korea, Republic Of — Asian stock markets were mostly higher on Monday after Wall Street’s strong finish last week. The U.S. dollar weakened against most major currencies, including the Japanese yen. KEEPING SCORE: Japan’s Nikkei 225 rose 0.3 per cent to 23,714.88 and South Korea’s Kospi added 0.3 per cent to 2,505.00. Hong Kong’s …

European stocks flat, Asian shares up as year end nears

SEOUL, Korea, Republic Of—European stocks were flat after Asian markets finished mostly higher on Thursday in quiet post-Christmas holiday trading. Strong economic data from the region and in the U.S. boosted investor confidence in some markets. KEEPING SCORE: Britain’s FTSE 100 added 0.1 per cent to 7,626.12 but France’s CAC 40 dipped 0.1 per cent …

Asian markets mostly higher on economic optimism

SEOUL, Korea, Republic Of — Asian markets were mostly higher on Thursday in a quiet post-Christmas holiday trading as strong economic data from the region and in the U.S. boosted confidence. Tokyo stocks finished lower as the Japanese yen strengthened against the U.S. dollar. KEEPING SCORE: Japan’s Nikkei 225 erased earlier gains to finished 0.6 …

South Korea imposes new sanctions on North Korea

SEOUL, Korea, Republic Of — South Korea added several North Korean groups and individuals to its sanctions list Monday in a largely symbolic move that is part of efforts to cut off funding for the North’s weapons programs. The government said those added were 20 North Korean groups, including several banks and companies, and 12 …

South Korea mulling ways to curb craze for bitcoins

SEOUL, Korea, Republic Of — South Korean is studying ways to regulate speculative trading in crypto currencies as the latest surge in prices stokes a craze over bitcoins. The country’s financial regulator said Friday that it has ruled out using bitcoin for derivative products. The decision effectively bans investing in bitcoin futures that will start …

Asian stock markets mixed; US tax bill, politics in focus

SEOUL, Korea, Republic Of — Asian stock markets were mixed on Monday, with U.S. politics in focus. Investors are digesting the U.S. Senate’s passage of the tax bill and considering implications of the guilty plea by President Donald Trump’s former U.S. national security adviser. KEEPING SCORE: Japan’s Nikkei 225 dipped 0.5 per cent to 22,707.16 …

Global stocks mixed after tech recovery, China data

SEOUL, Korea, Republic Of — Global stocks were mixed on Friday after a technology stocks recovered from heavy selling the day before. An agreement among key crude exporting countries to extend oil production cuts boosted sentiment but weak China factory data tempered appetite for risk. KEEPING SCORE: Europe opened weaker with Britain’s FTSE 100 dipping …

Hyundai workers halt SUV production after talks collapse

SEOUL, Korea, Republic Of— Hyundai Motor’s workers have suspended production on two assembly lines to protest what they said was a unilateral move by the company to increase output. The South Korean company, part of the world’s fifth-largest auto group along with its smaller affiliate Kia Motors Corp., said Tuesday that the disruption would be …

Report: Seoul broadcasts news of NKorean defection at border

South Korea is reportedly broadcasting on loudspeakers into North Korea news of the recent escape of a North Korean soldier who was shot five times by his former colleagues as he dashed across the rivals’ border, part of Seoul’s psychological warfare against the North. South Korea’s Yonhap news agency, citing an unnamed military source, reported …

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