SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s venture investment market showed clear signs of recovery this year, with both venture investments and fund formation rising by double digits through the third quarter, government data showed Thursday. According to the Ministry of SMEs and Startups, total venture investment reached 9.8 trillion won (US$7.1 billion) between January [...]
SEOUL, Nov. 11 (Korea Bizwire) — More than one in four South Korean households expect their financial situation to improve next year, even as a growing share of the population reports feeling lonely, according to a government survey released Tuesday. The biennial survey, conducted by the Ministry of Data and Statistics, found that 27 percent of [...]
SEOUL, Nov. 5 (Korea Bizwire) – The number of South Koreans that remain economically inactive rose from a year earlier in 2025, amid a steady increase in the number of people who say they have no particular reason for not working, government data showed Wednesday. A total of 16.22 million individuals had remained economically inactive [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s benchmark KOSPI index, which recently broke the 4,000-point mark for the first time in history, has ignited a wave of participation from wealthy individual investors making large-scale trades. According to the Korea Exchange, individual investors placed an average of 28,729 orders worth at least 100 million won ($73,000) [...]
SEOUL, Oct. 31 (Korea Bizwire) – Global investment banks assessed Friday that the trade deal reached between Seoul and Washington this week has eased uncertainties and is expected to provide an upward momentum to the South Korean stock market. On Wednesday, U.S. President Donald Trump agreed to reduce “reciprocal” tariffs on South Korea to 15 [...]
SEOUL, Oct. 28 (Korea Bizwire) – South Korea’s issuance of equity-linked securities (ELS) in the third quarter rose sharply on-year amid the local stock market’s bullish run, industry data showed Tuesday. The total value of ELS products issued in the July-September period stood at 12.8 trillion won (US$8.9 billion), 35.9 percent higher compared with the [...]
SEOUL, Oct. 27 (Korea Bizwire) — South Korea’s benchmark stock index surged past the 4,000 mark for the first time on Monday, a milestone that has energized investors and set off new warnings that the market may be overheating. The Kospi has soared nearly 18 percent in October alone, repeatedly setting record highs in recent weeks. [...]
SEOUL, Oct. 27 (Korea Bizwire) — South Korea’s main stock index has surged faster than any other in the Group of 20 nations this year, propelled by foreign investors betting heavily on the country’s dominant semiconductor industry and other major blue-chip companies. The benchmark Kospi index has climbed 68.5 percent since Jan. 2, adding 1,643 [...]
SEOUL, Oct. 27 (Korea Bizwire) – South Korea’s central bank is signaling that any won-pegged stablecoins introduced into the domestic market should be issued through regulated banks, warning that private issuers could threaten financial stability and weaken monetary control. Stablecoins could “unlock new possibilities” for the economy, the Bank of Korea said in a report [...]
SEOUL, Oct. 27 (Korea Bizwire) — Relying too heavily on construction investment to stimulate South Korea’s economy could backfire, the Bank of Korea cautioned in a new report, citing Japan’s decades-long struggle with sluggish growth after its asset bubble burst. In a study released Sunday titled “Lessons from Japan and China’s Prolonged Weakness in Construction Investment,” [...]