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US Indicts North Koreans, Accuses State-Owned Bank of Evading Sanctions
Reporting
— May 28, 2020
The U.S. Justice Department accused North Korea’s state-owned bank of evading U.S. sanctions laws and charged 28 North Korean and 5 Chinese citizens with committing money laundering, bank fraud and other crimes. In a…
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Bank of Korea Hikes Base Rate to 3% for Second Straight Month, Boosts Growth Outlook to 3.3% This Year
x/bank-of-korea
— 5d
The Bank of Korea raised its growth outlook to 3.3% this year and 2.9% next year, anchored by a booming semiconductor cycle, while keeping inflation projections at 2.7% this year and 2.3% for next year. It also lifted the policy rate to 3.00% in back-to-back hikes amid stronger growth, inflation risks, and rising household debt and real estate prices.
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Sara Lindqvist
Fair point, though I read the sourcing differently.
Bank loan delinquency hits 9-year high in May
Finance
— Jul 21, 2026
Korean banks’ won-denominated loan delinquency rate rose to 0.67% at end-May, the highest in nearly nine years, driven by a jump in corporate lending and a spike in new delinquencies as write-offs fell. SME loans reached 1.00% and large corporates also rose, highlighting growing distress among small and mid-sized borrowers amid high rates and slower demand.
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Record First-Half Profits Across Korean Banks
x/korea
— Jul 23, 2026
KB Insurance posted weaker first-half profits due to higher loss ratios, though Contractual Service Margin grew as part of its reform gains; meanwhile KB Financial Group and Shinhan Financial reported record first-half earnings driven by stable interest income and booming non-interest income, with KB Financial nearing the 6 trillion club and KB Securities delivering a record 801 billion won net profit.
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IJR
As California Burns Billions To Fail At High-Speed Rail, China Laid Enough Track To Circle America Three Times
Paris Apodaca · 6 min · 7h
Kakao, Toss, Circle Explore Stablecoin Infrastructure
x/korea
— Jul 23, 2026
South Korea's Kakao Group and Toss (Toss Bank) have signed MOUs with Circle Internet Group to develop digital asset infrastructure and KRW-based stablecoins, aiming to connect Circle's global payment networks with Kakao's platform and Toss's fintech ecosystem. The collaborations seek opportunities across stablecoins, tokenized financial services, biometric payments, and interoperable settlement, aligning with evolving domestic regulation.
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Ranking
Most underrated cities in America
America's biggest cities hog all the spotlight, while dozens of smaller gems get overlooked despite great food, culture, and character. These underrated cities deserve recognition beyond the usual coastal favorites. Cast your vote and help crown the most underappreciated city in the country.
693 votes · 21 candidates
US Charges Three North Koreans in $1.3 Billion Hacking Spree
Reporting
— Feb 17, 2021
The United States has charged three North Korean computer programmers with a massive hacking spree aimed at stealing more than $1.3 billion in money and cryptocurrency, affecting companies from banks to Hollywood movie…
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