Photo=Motionelements South Korean cryptocurrency exchange Bithumb is facing escalating regulatory pressure after receiving a record fine and partial business suspension, with additional sanctions looming over a recent bitcoin overpayment incident and past compliance issues. The country’s Financial Intelligence Unit (FIU), under the Financial Services Commission, said on March 16 local time that it imposed a fine of approximately $27.6 million

Photo=Neflix Demand for official light sticks tied to BTS is surging ahead of the group’s upcoming performance, triggering shortages and sharp price increases across resale markets. According to data from Bungaejangter, searches for BTS-related terms such as “BTS light stick,” “BTS concert,” and “BTS tickets” have ranked among the most popular this month, reflecting a simultaneous spike in interest in

Photo=Incheon international airport Escalating tensions between the United States and Iran are disrupting global travel, as airlines cancel Europe-bound routes transiting the Middle East, forcing tour operators to scrap bookings and scramble for alternatives. A mid-sized travel agency said it had canceled all 2,300 reservations for Europe-bound packages departing this month that relied on Middle Eastern stopovers. With affected flights

(Photo=MotionElements) South Korea is stepping up enforcement of a fuel price cap as global oil markets face renewed volatility following disruptions tied to tensions around the Strait of Hormuz, a critical chokepoint for the world’s energy supply. The government’s move reflects growing concern in Seoul over the country’s vulnerability to external energy shocks. Heavily reliant on crude imports, South Korea

Photo=Sinokor A South Korean shipping company is emerging as an unexpected beneficiary of the global energy turmoil sparked by the Iran conflict after making a large and timely bet on supertankers. Sinokor Merchant Marine, a mid-sized shipping group based in South Korea and widely known as Sinokor, aggressively expanded its fleet of very large crude carriers, or VLCCs, in the