SEOUL, Aug. 23 (Korea Bizwire) — Nearly a third of South Korean retail investors using mobile trading apps have experienced system failures or access disruptions, raising concerns about reliability in a market where split-second timing can determine profits and losses. According to a survey released Friday by the Korea Consumer Agency, 59 percent of respondents [...]
SEOUL, Aug. 21 (Korea Bizwire) — Shares of Doosan Enerbility, South Korea’s leading nuclear power equipment maker, tumbled amid controversy over a contract signed between Korea’s state-run utilities and U.S. nuclear giant Westinghouse Electric Co. (WEC), leaving retail investors bearing the brunt of the losses. According to the Korea Exchange on Thursday, Doosan Enerbility’s stock [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korean brokerage firms are moving to resume overnight trading of U.S. stocks as early as November, more than a year after the service was abruptly suspended in the wake of a market shock. According to industry officials on Thursday, securities firms reached a tentative agreement to restart the service [...]
SEOUL, Aug. 21 (Korea Bizwire) — The Bank of Korea (BOK) on Wednesday sounded the alarm over the rapid spread of dollar-pegged stablecoins, warning lawmakers that the trend poses risks to monetary sovereignty and financial stability. In a written response submitted to Rep. Park Sung-hoon of the People Power Party, the central bank urged swift [...]
SEOUL, Aug. 20 (Korea Bizwire) — A significant share of South Korean investors’ holdings in overseas-listed exchange-traded funds (ETFs) are concentrated in high-risk leveraged products, raising concerns about potential losses and the need for regulatory overhaul, according to a new report by the Korea Capital Market Institute. As of June 2025, South Korean investors held [...]
SEOUL, Aug. 20 (Korea Bizwire) — Major foreign institutional investors remain wary of South Korea’s recent corporate governance reforms, citing a legacy of reversals and unmet expectations, according to feedback gathered by the Korea Corporate Governance Forum during investor meetings in Hong Kong and Singapore this month. Forum Chair Lee Nam-woo, speaking at a press [...]
SEOUL, Aug. 19 (Korea Bizwire) – South Korea’s household credit hit a fresh high in the second quarter of this year, amid a rise in loans borrowed for real estate purchases, the central bank said Tuesday. The outstanding credit to households stood at 1,952.8 trillion won (US$1.4 trillion) as of end-June, up 24.6 trillion won [...]
SEOUL, Aug. 15(Korea Bizwire) — August 2025 marks the 20th anniversary of the introduction of comprehensive property trust services in South Korea, but industry experts warn the system remains largely symbolic, hindered by outdated regulations. Despite growing interest in asset management services amid rising household wealth, comprehensive property trusts—which allow financial institutions to collectively manage [...]
SEOUL, Aug. 14 (Korea Bizwire) — South Korea could see its economy expand by the equivalent of 6% of GDP if the number of foreign residents increased by one million, according to a new study by the Korea Chamber of Commerce and Industry (KCCI) and a research team led by Professor Kim Deok-pa of Korea [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korean cryptocurrency exchange operator Dunamu Inc. said Wednesday it has signed a memorandum of understanding (MOU) with a Vietnamese bank to assist the establishment of a cryptocurrency exchange in the Southeast Asian country. The deal with Military Commercial Joint Stock Bank, a financial institution under Vietnam’s defense ministry, [...]