SEOUL, Sept. 10 (Korea Bizwire) — South Korea will remove cryptocurrency trading and brokerage from its list of industries barred from receiving venture business status, signaling a shift in how the government views the digital asset sector. The Ministry of SMEs and Startups said Tuesday that the Cabinet approved revisions to the Enforcement Decree of the [...]
SEOUL, Sept. 6 (Korea Bizwire) — The Korea Exchange said Friday it will introduce three new stock indexes tied to artificial intelligence on Sept. 8, underscoring how rapidly the technology is reshaping investment strategies across industries. The indexes — the KRX Sovereign AI Index, the KRX-Akros AI Power Infrastructure Index, and the KRX AI Semiconductor Index [...]
SEOUL, Sept. 5 (Korea Bizwire) — Illegal private lending and debt collection crimes in South Korea have more than doubled in the past three years, with authorities warning that exploitative lenders are increasingly preying on financially vulnerable groups such as young job seekers. According to data released Thursday by Rep. Han Byung-do, violations of lending [...]
BUSAN, Sept. 2 (Korea Bizwire) — South Korea’s state-run Korea Ocean Business Corporation (KOBC) said Monday it will roll out a pilot program this year that allows ordinary citizens to become shipowners through fractional investment. The initiative, to be conducted under existing securities and asset securitization laws, will issue profit-linked securities backed by vessels already [...]
SEOUL, Aug. 26 (Korea Bizwire) — A new breed of company, built on hoarding cryptocurrencies as core assets, is reshaping stock markets from the United States to Japan — and now South Korea. But the meteoric rise of these so-called Crypto Treasury Companies (CTCs) has triggered debate over whether they represent innovative investment vehicles or dangerous [...]
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. 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. 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. 10 (Korea Bizwire) — Following the recent U.S.-South Korea trade agreement, South Korea’s shipbuilding stocks have seen a significant rise, propelling related exchange-traded funds (ETFs) to top performance rankings. The surge in stock prices has drawn substantial interest from individual investors, sparking speculation on whether the upward trend will continue. As of August 8, [...]