SEOUL, Jan. 28 (Korea Bizwire) — South Korea’s retail investors are piling into exchange-traded funds tied to the Kosdaq market as the tech-heavy index pushes into what traders have dubbed the “1,000 era,” fueling sharp gains in leveraged products and reshaping short-term market flows. According to data released Wednesday by Koscom’s ETF Check, the top five [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea will allow middle and high school students to use credit cards issued in their own names under a family card system, part of a broader regulatory overhaul aimed at adapting the financial sector to a cashless economy. The Financial Services Commission and the Financial Supervisory Service said Thursday [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Korea’s benchmark stock index surged past the long-symbolic 5,000 mark on Thursday, propelled not by a single sector but by a widening rally that rotated from semiconductors into automobiles, defense, nuclear power and other heavyweight industries. The Korea Composite Stock Price Index, or KOSPI, climbed 1.89 percent in early [...]
SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s unexpectedly strong start to the year is beginning to reshape investor sentiment, as retail traders scale back bets on a market downturn and shift cautiously toward products that track the rise of the benchmark index. Data released Wednesday by Yonhap Infomax showed that individual investors last week reduced [...]
SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s antitrust regulator said Wednesday that it had imposed a combined 272 billion won, or about $184 million, in fines on the country’s four largest commercial banks, accusing them of coordinating restrictions on mortgage lending in a way that undermined competition. The Fair Trade Commission said Shinhan Bank, Woori [...]
SEOUL, Jan. 20 (Korea Bizwire) – The South Korean government said Tuesday that it would introduce a temporary tax incentive aimed at encouraging retail investors to bring money back home, as policymakers seek to stem persistent capital outflows that have weighed on the nation’s currency. Under the plan, individual investors who sell overseas stocks this [...]
SEOUL, Jan. 20 (Korea Bizwire) – The recent rally in the benchmark Korea Composite Stock Price Index (KOSPI) was largely uneven, with a few large-cap stocks dominating, data showed Tuesday. The KOSPI Large Cap Index jumped 18.27 percent since Dec. 30, the last trading day of 2025, as of Monday, according to the data from [...]
SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s benchmark KOSPI surged nearly 15 percent in early January, but the gains were unevenly distributed, with industrial and capital-intensive sectors leading the rally while consumer-related stocks lagged behind. According to data from the Korea Exchange, the transport equipment and auto parts sector posted the strongest performance between Jan. [...]
SEOUL, Jan. 16 (Korea Bizwire) — Many travelers returning from overseas try to spend their leftover foreign coins at airports or shops before coming home, assuming they cannot be exchanged in South Korea. Coins are heavy, inconvenient to carry, and often believed to be unusable domestically. But while less common and less lucrative than banknote exchanges, [...]
SEOUL, Jan. 14 (Korea Bizwire) — South Korea’s retail investors are increasingly positioning themselves against rising oil prices and a surging stock market, even as geopolitical tensions and earnings momentum continue to push both higher. Data from the Korea Exchange show that individual investors have poured money this month into inverse exchange-traded notes and funds tied [...]