S. Korea to Extend Won Trading to 24 Hours in Globalization Push

Namibia's Finance Ministry has taken a significant step by appointing three local banks to assist in raising approximately $122 million for refinancing part of its $750 million eurobond that is due next month. This move not only strengthens the domestic banking sector but also showcases the government's proactive approach to managing its debt obligations, which is crucial for maintaining financial stability in the country.

South Korea is taking a significant step towards legalizing tattoo artists, who have long faced stigma and operated in underground settings. This change not only acknowledges the artistry and skill of tattooists but also opens the door for them to work openly and professionally. It’s a move that reflects evolving cultural attitudes and could boost the creative economy in the country.

Naver Corp., South Korea's largest internet company, is set to acquire Dunamu Inc., the operator of the prominent cryptocurrency exchange Upbit. This landmark deal, reported on September 25, 2025, is expected to significantly impact the fintech and digital asset sectors in the country, potentially leading to innovations and growth in the market. Such a move highlights Naver's commitment to expanding its influence in the rapidly evolving digital economy.

Seoul's apartment prices have seen a remarkable rise for the 34th consecutive week, indicating a robust property market despite government efforts to stabilize prices. This trend is significant as it poses challenges for the central bank, which is considering lowering borrowing costs to support the economy. The ongoing price increases suggest a strong demand for housing in the capital, reflecting broader economic dynamics.

In a recent discussion, South Korea's Lee and Bessent explored the conditions necessary for a potential tariff deal with the United States. This conversation is significant as it highlights ongoing trade negotiations that could impact economic relations between the two countries, potentially leading to changes in tariffs that affect various industries.

South Korea's Trade Minister Lee has called for 'commercially rational' trade discussions with the United States, emphasizing the need for balanced negotiations that benefit both nations. This is significant as it reflects ongoing efforts to strengthen economic ties and address trade imbalances, which could lead to more stable relations and mutual growth.

Swiss Economy Minister Guy Parmelin is leading the trade discussions with the United States, clarifying his role over President Karin Keller-Sutter. This is significant as it highlights the Swiss government's approach to international trade relations and the importance of clear leadership in negotiations that could impact economic ties.

The Russian finance ministry has proposed raising the value-added tax (VAT) as a means to fund the ongoing war in Ukraine. This move is significant as it reflects the government's prioritization of military spending over domestic economic stability, potentially leading to increased financial strain on citizens. The implications of this tax hike could further exacerbate public discontent and economic challenges in Russia.

The International Monetary Fund (IMF) has indicated that easing monetary policy in South Korea is expected to bolster the country's economic growth. This is significant as it suggests that the government's approach to managing interest rates and liquidity could stimulate investment and consumer spending, ultimately leading to a more robust economy. As South Korea navigates global economic challenges, this policy shift could provide much-needed support for businesses and households alike.

The South Korean president has expressed concerns over ongoing discussions regarding US tariffs, which are causing anxiety in the foreign exchange market. This situation is significant as it highlights the potential economic impact of trade policies on currency stability, affecting both local and global markets.

Jacq Tatelman, the CEO of State Bags, reflects on the company's origins and its mission to support children in need during the back-to-school season. Inspired by her experiences running a nonprofit camp in Brooklyn, Tatelman emphasizes the importance of providing quality backpacks to kids who often arrive at school with inadequate supplies. For every bag sold, State Bags donates one to an American child in need, making a significant impact in communities. This initiative not only helps students but also raises awareness about the challenges faced by many families, highlighting the importance of social responsibility in business.

A US judge has preliminarily approved a significant $1.5 billion settlement regarding copyright issues involving Anthropic, a leading AI company. This decision is crucial as it not only resolves ongoing legal disputes but also sets a precedent for how copyright laws may adapt to the rapidly evolving tech landscape. The settlement reflects a growing recognition of the importance of intellectual property rights in the AI sector, which could encourage innovation while ensuring creators are protected.

In a recent statement, Trump has urged Turkey to reconsider its dealings with Russian oil, suggesting that he might lift sanctions if Turkey complies. This development is significant as it could reshape U.S.-Turkey relations and impact global oil markets, especially given the ongoing tensions surrounding Russia's actions. The potential easing of sanctions could also influence Turkey's economic landscape and its strategic partnerships.

The top Wall Street regulator has announced plans to review the White House's request for companies to submit layoff plans. This move is significant as it reflects the administration's concern over potential job losses and aims to ensure that companies are prepared for any necessary workforce adjustments. By examining these plans, the regulator hopes to maintain stability in the job market and provide guidance to businesses during uncertain economic times.

Ross, the CEO of American Rebel Holdings, has sold $182,000 worth of stock, which raises questions about the company's future direction. While stock sales by executives can sometimes indicate a lack of confidence in the company's prospects, they can also be part of personal financial planning. This sale is noteworthy as it reflects the ongoing dynamics within the company and the market.

Anne Walsh, the chief investment officer at Guggenheim Partners, discusses the potential for rate cuts in the current economic climate during an interview on 'The Close.' She emphasizes that while there is room for cuts, they may not be the most effective tool at this stage. This conversation is significant as it highlights the ongoing debate about monetary policy and its impact on inflation, especially in light of recent economic trends.