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) — South Korea moved to curb speculative demand from overseas buyers on Thursday, designating nearly all of the greater Seoul area as a restricted zone for foreign land transactions. The Ministry of Land, Infrastructure and Transport announced that Seoul, 23 municipalities in Gyeonggi Province, and seven districts in Incheon will [...]
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) — The South Korean government is considering a major overhaul of how it grants pension credits for childbirth and military service, moving from a system of post-retirement adjustments to upfront support — a change that could save nearly 88 trillion won ($65 billion) in state finances over the long term, [...]
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 biggest conglomerates could see their founding families lose significant sway over board oversight if a second round of corporate law revisions clears the National Assembly, according to a new analysis. Leaders Index, a corporate research firm, said Tuesday that under the proposed reforms, roughly 38 percent of [...]
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 [...]