This month, South Korea's stock market was revitalized by increased interest in digital assets after new President Lee Jae-myung pledged to allow cryptocurrencies pegged to the national currency. Shares in companies involved in digital currency development, such as Kakao Pay and LG CNS, have risen dramatically, and the Kospi index has hit its highest level in four years. However, experts warn of systemic risks and overvalued valuations of some stocks, advising caution to investors.
Sources
Latest News
22:54
Iulia Navalnaya urges Russians to vote for Yabloko: the September elections, a legal referendum against the war
22:39
The air forces of Bulgaria, Romania, and Spain have signed a trilateral agreement for air policing operations within NATO.
22:30
The government has approved the 'Diaspora Invests at Home' program, which offers grants of up to 200,000 euros to Romanians from the Diaspora for businesses in Romania.
22:22
The crisis in Ceuta unites the Spanish extremes: Sumar and Vox demand the exclusion of Morocco from the 2030 World Cup.
22:14
At the County Emergency Hospital in Miercurea Ciuc, the first two prostate cancer surgeries were performed with the help of the Da Vinci robotic system.
See more news