SEOUL, July 16 (Korea Bizwire) — A new study has revealed that the trading strategies of South Korea’s National Pension Service (NPS), which oversees more than 1,000 trillion won ($730 billion) in assets, can significantly affect market volatility and transaction costs—particularly when investments are outsourced to external managers. According to a report released Tuesday by [...]
SEJONG, July 7 (Korea Bizwire) — South Korea’s latest euro-denominated foreign exchange stabilization bond (FESB) offering in London has garnered record-breaking demand, signaling strong global investor confidence in the country’s fiscal and economic outlook under its newly inaugurated administration. According to the Ministry of Economy and Finance, the €1.4 billion issuance on June 26 attracted [...]
SEOUL, July 2 (Korea Bizwire) — Grabbing lunch in Seoul’s central business districts has become a significantly pricier affair, with Samseong-dong topping the list at ₩15,000 (approx. $11) per meal — the highest average in the greater Seoul area, according to new data released by NHN Payco. The company analyzed 9 million transactions made through [...]
SEOUL, June 27 (Korea Bizwire) — The financial authorities’ latest measures to restrict ballooning household debt are expected to help cool down the overheated housing market in Seoul’s sought-out areas, experts said Friday. The Financial Services Commission (FSC) announced earlier in the day that all local lenders will be forced to sharply lower their household [...]
SEOUL, June 27 (Korea Bizwire) — South Korean venture companies are showing signs of renewed optimism, with overall business sentiment rebounding for the first time in a year, according to data released Thursday by the Korea Venture Business Association. The Venture Business Survey Index (BSI) for the second quarter rose to 89.8, marking an 11.2-point [...]
SEOUL, June 24 (Korea Bizwire) – As inflation continues to weigh heavily on South Korean households, major retailers are adopting a “reverse pricing” strategy—setting a target sale price first and working backward to meet it—reshaping how goods are planned, priced, and sold. Rather than determining prices based on production costs and margins, companies like E-Mart, [...]
SEOUL, June 18 (Korea Bizwire) — The Bank of Korea has raised alarm over South Korea’s persistently high cost of essential goods, warning that it is outpacing both inflation and global averages, and is stifling consumer spending—particularly among low-income households. In a report released Wednesday, the central bank found that from the onset of the [...]
SEOUL, June 18 (Korea Bizwire) – Essential living costs in South Korea are significantly higher than those in other major nations, hindering the recovery of consumer spending, the central bank said Wednesday. South Korea’s price indices for food, clothing and housing stood at 151, 161 and 123, respectively, based on the average price level of [...]
SEOUL, June 16 (Korea Bizwire) — Global investors are showing renewed confidence in South Korea’s stock market, with over ₩1 trillion (US$770 million) pouring into the iShares MSCI Korea ETF (ticker: EWY) this month alone—the highest monthly inflow in 18 months. The U.S.-listed exchange-traded fund, which offers global investors passive exposure to Korea’s leading equities, has [...]
SEOUL, June 15 (Korea Bizwire) — For many South Korean households, the rising cost of everyday groceries is no longer just an inconvenience—it’s a growing burden. From fresh eggs to packaged snacks, the price tags lining supermarket shelves are fueling consumer frustration and prompting government action. According to data released Sunday, South Korea ranked as [...]