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South Korea to seek extradition of crypto fugitive Do Kwon
South Korea to seek extradition of crypto fugitive Do Kwon
Business and Economy
by  AFP

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges. In South Korea, where Kwon is wanted for violations of the country's capital markets act, authorities confirmed Friday that they would seek his extradition.

Asian markets reverse after recent gains as bank fears linger
Asian markets reverse after recent gains as bank fears linger
Business and Economy
by  AFP

Asian markets dipped Friday after a broadly healthy week, as lingering concerns about the banking sector played against hopes central banks could be nearing the end of their interest rate hiking cycle. The increase came as central banks in the United Kingdom, Switzerland and Norway also raised rates, with the European Central Bank having done so last week.