Latest news with #KoreanWon
Bloomberg
7 days ago
- Business
- Bloomberg
Emerging Stocks Gain on Global Optimism as Korea Leads Rally
Emerging-market stocks gained for a second straight session, buoyed by strong US labor data that lifted global equities to a record high. The MSCI Emerging Markets Index climbed as much as 1.2%, led by a surge in Asian tech stocks. The Korean won outperformed peers while the country's equity market entered bull territory — adding further momentum to the broader emerging-market rally. An index for EM currencies inched higher, as the dollar slipped.
Wall Street Journal
04-06-2025
- Business
- Wall Street Journal
Korean Won to See Better Days on Lee Jae-myung's Election Victory
0055 GMT — The Korean won is set to see 'better days ahead' following the Democratic Party's Lee Jae-myung victory in the country's presidential election, TD Securities says. 'We see two wins for KRW on the horizon,' two members of the brokerage's Global Rates, FX & Commodities Strategy say. These are an imminent fiscal package and a swift U.S.-South Korea trade deal, they say. However, the brokerage's 'Macro Ranking Scorecard Index' is neutral on KRW, and doesn't favor chasing USD/KRW lower on this news. Instead, TD Securities prefers selling USD/KRW into USD rallies and likes short USD/KRW positions above 1,400.00. USD/KRW is 0.2% lower at 1,375.66. ( 0033 GMT — Asian currencies consolidate against the dollar in the morning session, but may be buoyed by Tuesday's strong U.S. job openings data. The Job Openings and Labor Turnover Survey, known as the JOLTS report, showed 7.4 million open positions listed in April, beating economists' expectations. The surprise lift in JOLTS figures has bolstered sentiment, NAB's Tapas Strickland says in a commentary. The data likely highlights ongoing resilience in the U.S. labor market, the head of Market Economics adds. USD/JPY edges 0.1% lower to 143.88; USD/SGD is little changed at 1.2892; AUD/USD is steady at 0.6460. (
The Irish Sun
16-05-2025
- Entertainment
- The Irish Sun
‘Should be illegal' – Man Utd and Spurs fans face staying in £2000 Squid Game-like hostel for Europa League final
A BILBAO hostel has been slammed for charging football fans over £2,000 - to stay in beds reminiscent of Netflix show Squid Game. 2 A hostel that reminds fans of Squid Game has gone viral for its Europa League pricing Credit: Jam Press/Bilbao Metropolitan Hostel by Bossh Hotels 2 The Bilbao Metropolitan Hostel is charging fans over £2000 for a three-day stay Credit: Jam Press/Bilbao Metropolitan Hostel by Bossh Hotels The Prem sides are set to do battle at the Estadio de San Mamés next Wednesday. But the Bilbao Metropolitan Hostel - just a nine-minute drive from the ground - has been accused of cashing in. Disgruntled supporters have likened the bedroom set-up to the dorms in Squid Game, which became a global phenomenon in 2021. Contestants are forced to sleep in a warehouse full of bunk beds in the South Korean show. READ MORE ON FOOTBALL And fans were outraged to learn the price for a three-night stay in similar digs at the Bossh Hotels hostel. Four adults would need to fork out a whopping £2,338 if they wanted to stay from Tuesday, May 20 to Friday, May 23, as reported by Fans flocked to social media to complain about the hostel raising prices so dramatically ahead of Wednesday's showpiece. One fan wrote in response: "Sleeping in Squid Game for £2,000." Most read in Football BEST ONLINE CASINOS - TOP SITES IN THE UK Another joked: "You could win 45 billion Korean Won." While a third added: "Should be illegal to take advantage like they are." Bruno Fernandes matches Cristiano Ronaldo record as he wins Man Utd award - but admits he DOESN'T want it And a fourth countered: 'Surely no one's paying £2,000 for a hostel. I wouldn't even pay £200. Would rather sleep in the airport." Bossh Hotels has been approached for a comment. Last week, it was revealed United are Man Utd ratings vs West Ham as Ugarte awful and Mainoo invisible in latest horror show MANCHESTER UNITED dropped to 16th in the Premier League after suffering an embarrassing 2-0 defeat to West Ham at Old Trafford. Ruben Amorim named a strong team for United's return to domestic duty, but not even Amad Diallo could save the day. United gave fans a lively start, but reverted back to factory settings after the visitors took the lead inside 27 minutes. West Ham picked off United against the run of play, before former Man Utd star Aaron Wan-Bissaka came back to haunt his old club. The full-back fed a clever ball through to Mohammed Kudus, who thrashed a low cross into the six yard box for Tomas Soucek to tap home. United got caught cold again and were the masters of their own undoing, after Kudus pounced on Manuel Ugarte's mess up to set up Jarrod Bowen, who doubled West Ham's lead in the 58th minute. Apart from some bright moments from Amad, this was another awful performance from the home side, as West Ham became the SIXTH team to the double over United this season. The Red Devils haven't haven't won a Prem game since their 3-0 win at Leicester on March 16, which incidentally was the last team West Ham beat in February. Here's how Both clubs have been allocated around 15,000 seats each by Uefa . It's been reported that
Yahoo
16-05-2025
- Yahoo
South Korean police arrest two people accused of blackmailing Tottenham's Son Heung-min
South Korean police have arrested two people over the alleged blackmail of Tottenham Hotspur captain and soccer superstar Son Heung-min, according to South Korean's Yonhap news agency, after reports a woman threatened him with a pregnancy claim. Son, 32, had filed a police complaint against a woman and a man for blackmail and threatening to spread 'false information,' his agency, Son & Football Limited, said on Thursday. 'We will take strong legal action without leniency to punish those who have made threats of blackmail with obvious false information,' the agency said in a statement on its website. The Gangnam Police Station in southern Seoul said it was investigating a woman in her 20s and a man in his 40s on charges of attempted extortion after receiving Son's complaint last week, according to Yonhap. The woman allegedly approached Son last June, claiming she was pregnant with his child and demanded money in exchange for her silence, Yonhap reported, citing police. She reportedly sent Son an ultrasound image and received 300 million Korean Won ($215,180), the news agency said. The man, believed to be an acquaintance of the woman, also allegedly tried to blackmail Son in March, demanding 70 million Korean Won ($50,200), Yonhap reported. He did not reportedly receive any money, Yonhap said. CNN has reached out to the Gangnam Police Station. Police arrested the woman Wednesday evening local time for blackmail and the man for an attempted blackmail. Authorities raided the two individuals' homes and secured their phones for further investigation, according to Yonhap. 'Son Heung Min is an obvious victim of this incident,' the soccer star's agency said. 'We apologize once again for worrying everyone supporting Son Heung-min with such a scandalous issue,' the agency wrote. Son is hugely popular in his home country, South Korea, and has become known as one of the greatest Asian soccer players of all time. Son started playing football as a child in Chuncheon, located about 46 miles northeast of Seoul, under his father's supervision. In 2009, he was chosen to join a prestigious youth training academy in Germany, where he eventually made his professional debut at the age of 18. He joined Tottenham from Bayer Leverkusen in August 2015 and has since been breaking records set by his role models Park Ji-sung, the first Korean to play in the Premier League and only Asian player to win the men's Champions League, and Cha Bum-kun, who played over 300 matches in the Bundesliga for Eintracht Frankfurt and Leverkusen from 1979 to 1989. Son has broken records for the most goals scored by a Korean player in a season in a European league. He also became the first Asian footballer to win the Premier League's Golden Boot with 23 goals in the season – level with Liverpool's Mohamed Salah in 2022. On Sunday, Son returned to play against Crystal Palace after being out for a month with a foot injury. Spurs fans will hope he'll feature in the Europa League final later this month against Manchester United, with Tottenham looking to win its first trophy since 2008.
NDTV
14-05-2025
- Entertainment
- NDTV
Wondering How Cafes Would Be In Future? This Korean Eatery Has The Answer
Imagine walking into a cafe 25 years from now. What would you expect? A smoky atmosphere, walls lit with lasers and furniture that looks like it was once part of a spaceship, right? What if we told you there's a place in South Korea that looks just like something from the future? A cafe in the country's Gyeonggi-do province has created a lot of buzz for its futuristic Interstellar theme. The Section cafe is surely something a sci-fi fan dreamed up. The themed eatery offers a variety of options to people, but its dessert menu seems to be super popular. The cafe's menu includes desserts inspired by nature. A green chocolate mousse cake with white pavlova on top is called 'Forest.' The dessert is priced at 12,000 Korean Won (Rs 733). The eatery also has a delicate water jelly that feels like it could melt into your mouth. Called 'Water', the dish costs 9,000 Korean Won (Rs 550). An Instagram video of the popular cafe has caught the attention of users. The caption reads, "This is a futuristic cafe space. From the moment you step inside until the moment you leave, you'll feel as if you've entered a scene from a movie. The cafe is divided into four sections, and each area itself feels like a work of art." View this post on Instagram A post shared by 포토그래퍼의 【공간 탐닉】 (@space_tamnik) The establishment also has a delicate cheese mousse with coconut flakes called 'Snow.' Another of its signature desserts is 'Earth,' a savoury boiled mousse with crumble, giving it a crunchy texture. The place quickly became an internet sensation. A user commented, "Both the space and the dessert are unique." Another wrote, "The section just got cooler." "The space is cool here," a comment read. Someone wrote, "It's a very satisfying place." A user said, "I will come to Korea for this." "Korea is really living in 2050, indeed," read a comment. Someone called the place "like a real movie." Korean food has fans across the globe. The country's themed cafes have also been a major attraction for tourists. Case in point - this rain-themed cafe called Rain Report.
