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Archive by category Personal Finance

Foreign Capital Floods Into Korea-Linked ETF, Signaling Global Confidence in New Administration and Market Rebound

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 [...]

Loan Repayment Pressure Weighs on Spending as Korea’s Household Debt Stays High

SEOUL, June 15 (Korea Bizwire) — South Korea’s household debts stood at nearly 1.7 times their disposable income, data showed Sunday, with the pressure for loan repayment driving down consumer spending, potentially triggering an economic recession. The debt-to-income ratio for South Korean households and nonprofit organizations came to 174.7 percent as of end-2024, according to [...]

Retail Bets Against Korean Market Backfire During Six-Day Rally

SEOUL, June 13 (Korea Bizwire) — South Korea’s stock market has soared for six consecutive trading days following the inauguration of President Lee Jae-myung, but retail investors who bet against the rally are now grappling with mounting losses. The benchmark KOSPI index closed above the 2,920 mark on Thursday, up 8.19% since June 4—Lee’s first [...]

President Lee Pledges Reforms to Boost Dividends and Restore Trust in Korean Stock Market

SEOUL, June 11 (Korea Bizwire) — President Lee Jae-myung on Wednesday unveiled a sweeping vision to revitalize South Korea’s capital markets by promoting dividend-friendly policies, cracking down on unfair trading practices, and positioning equities as a viable alternative to real estate for household investment. Speaking at a roundtable held at the Korea Exchange’s Market Surveillance Committee [...]

Foreign Investors Fuel Korean Stock Market Rally, Pushing Toward KOSPI 3,000

Seoul, June 10 (Korea Bizwire) — Foreign investors have poured nearly 4 trillion won into South Korea’s stock markets so far this month, igniting fresh optimism that the benchmark KOSPI index could break through the symbolic 3,000-point barrier in the coming weeks. According to financial data provider Yonhap Infomax, foreign investors have recorded net purchases of [...]

Corporate Retirement Pension Funds Top 400 tln Won in 2024

SEOUL, June 9 (Korea Bizwire) — Corporate retirement pension funds grew nearly 13 percent from a year earlier in 2024, breaching the 400 trillion-won mark for the first time since their introduction in 2005, while their return on investment declined, data showed Monday. The total amount of corporate retirement pension funds under management came to [...]

NextTrade’s Off-Hours Trading Surges, But Platform Prioritizes Stability Over Rapid Expansion

SEOUL, June 9 (Korea Bizwire) — South Korea’s alternative trading system (ATS), NextTrade (NXT), is rapidly gaining traction as a go-to platform for off-hours stock trading, with pre-market and after-hours volumes soaring fivefold over the past two months. Despite the momentum, the company says it will prioritize stability over aggressive expansion. According to figures released by [...]

Retail Investors Rush Into Brokerage Stocks Amid Policy Hopes, but Analysts Urge Caution

SEOUL, June 6 (Korea Bizwire) — South Korean brokerage stocks are soaring on renewed optimism over the new administration’s stock market revitalization agenda, fueling a dramatic uptick in leveraged retail investing. But analysts warn that selective, fundamentals-based investment is now essential as market differentiation is expected to intensify. According to data compiled by Yonhap Infomax, credit-based [...]

Koreans Are Spending Less Across All Age Groups, New Report Finds

SEOUL, June 2 (Korea Bizwire) — South Koreans are spending a smaller share of their income than they did a decade ago, signaling deeper shifts in household behavior amid demographic and economic changes, according to a new report released by the Korea Chamber of Commerce and Industry (KCCI). The report, titled “Changes in Consumption Propensity by [...]

Q1 Overseas Card Spending by Koreans Falls 5.2% on Seasonal Dip in Direct Purchases

SEOUL, May 23 (Korea Bizwire) — South Koreans’ overseas card spending fell by the largest margin in three years in the first quarter from three months earlier due mainly to a decline in overseas direct purchases, data showed Friday. The amount of money spent overseas by South Koreans with credit and debit cards came to [...]