Photo= Paris Saint-Germain French football powerhouse Paris Saint-Germain (PSG) has officially confirmed its investment in Bitcoin. According to industry sources on the 30th, PSG has decided to include Bitcoin as part of its treasury reserves. The club had already converted a portion of its fiat currency reserves into Bitcoin last year, although the exact amount of its holdings has not

(Photo=Motionelements) For the first time, foreign ownership of homes in South Korea has exceeded 100,000 units, with Chinese nationals owning 56% of them. The Ministry of Land, Infrastructure and Transport released the latest statistics on foreign-held housing and land as of the end of last year on 30th. As of December 2023, foreigners owned 102,160 homes in South Korea, an

(Photo=Bank of Korea (BOK)) The Bank of Korea (BOK) lowered its benchmark interest rate by 25 basis points to 2.5% on May 29, citing weaker-than-expected economic growth and signaling the possibility of further rate cuts in the near term. At a press briefing following the monetary policy decision, BOK Governor Rhee Chang-yong stated, “We see a possibility that the total

South Korea's number of births in March marked an increase for the first time in 10 years compared to the same month, according to data released by Statistics Korea on the 28th. However, the number of deaths continued to exceed births, maintaining the trend of natural population decline. Marriage registrations, on the other hand, showed a positive sign, reaching the

(Photo=GM Korea) Korea GM - the South Korean arm of U.S. auto giant General Motors - is selling off key assets, even as its parent company ramps up manufacturing investment in the United States. The contrasting moves are once again raising questions about GM's long-term commitment to the Korean market. According to company-wide notices sent on May 28, Korea GM