Search results for financial account
Economy
August current account posts $46.11 billion surplus on surge in semiconductor exports
South Korea posted a $46.11 billion current account surplus in August as exports rose sharply, led by semiconductors, the central bank said. The goods account recorded a $46.81 billion surplus, wider than a month earlier. Exports rose 82.1 percent year on year on a balance of payments basis, while imports rose 23.8 percent. The services account stayed in deficit at $1.68 billion, though the shortfall narrowed.
Finance
Kakao Pay launches \'Link My Card Money\' starting with Hana Card debit cards
Kakao Pay has launched a service that lets users make payments by linking Kakao Pay Money to an existing debit card without issuing a separate card. The company said on Aug. 26 it introduced \'Link My Card Money,\' which connects Kakao Pay Money to a physical debit card already issued. The service is initially available for Hana Card debit cards and will expand to additional partner card companies.
Crypto
Bitwise CIO says crypto and finance lines to blur as Coinbase strategy draws attention
Coinbase has unveiled an “Everything Exchange” plan spanning stocks, options, prediction markets and AI-driven trade execution, prompting Bitwise to say the boundary between crypto and traditional finance is starting to disappear. Bitwise CIO Matt Hougan said if Coinbase’s future revenue comes mainly from non-spot activities such as stock trading, perpetual futures and options, it may no longer be seen as a pure crypto company. Coinbase also outlined tokenised stock trading outside the United States starting next month and AI tools for automated portfolio strategies.
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Crypto
KT to offer integrated finance and telecom services for Mongolians entering South Korea
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Crypto
Who drives the stablecoin market: Issuance by Circle, distribution by Coinbase
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Crypto
Shinhan Investment report calls Hecto Group mainstream in global stablecoins
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Economy
South Korea posts record $123.1 billion current account surplus in 2025 on strong exports
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Crypto
Bleap on-chain finance app raises $6 million in seed funding