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
15:27
A national operational center in the energy sector will be created to manage the energy crisis / Ilie Bolojan: "Citizens will not be limited or disconnected"
15:25
The government approved three memorandums for the filling of 402 vacant positions in Transgaz, Transelectrica, and Hidroelectrica, necessary for the security of the national energy system.
15:14
Users who purchase road tax online may incur significant additional fees. CNAIR recommends purchasing only from the official portal.
15:03
The police in Covasna discovered 130 cannabis plants following a raid in the village of Dalnic.
14:53
The government has adopted the Risk Preparedness Plan in the field of electricity, allowing Transelectrica to limit the consumption of large companies.
See more news