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    Revenge rises as key theme in K-dramas

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    Consumers choose to travel abroad over purchasing luxury goods

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    Sexual assaults by Korean diplomats continue despite zero-tolerance policy

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    Outback Steakhouse sees sales soar as it opens stores in large shopping malls

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    INTERVIEWKorean adoptee in Germany reunites with birth family after 42 years

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    Jeon Jong-seo discusses her first Hollywood role in 'Mona Lisa and Blood Moon'

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    Apple working on expanding Apple Pay service in Korea: senior executive

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    INTERVIEWRetired FSC chief finds inspiration exploring Koreans' ancestral roots

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    World water day

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    Korean pension fund hit by overseas banking crisis

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    Childbirths sink 6% to fresh low in January

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    Hyundai Heavy achieves world's first 200 million BHP milestone

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    Opposition leader indicted over development corruption scandal

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Fri, March 24, 2023 | 06:33
Korea to lift mandatory registration policy for foreign investors in 2023
Korea to lift mandatory registration policy for foreign investors in 2023
Korea's financial regulator said Tuesday it plans to abolish the existing mandatory registration policy for foreigners investing in local stocks within this year, in line with efforts to meet global standards.
2023-01-24 15:33
Upcoming FOMC to determine movement of Korean stocks, cryptocurrencies
Upcoming FOMC to determine movement of Korean stocks, cryptocurrencies
The U.S. Federal Reserve's upcoming message on its possible policy shift will determine whether Korean stocks can extend their rare momentum for a rally even after the Lunar New Year holiday. According to data from the Korea Exchange, the benchmark KOSPI is on a path for a gradual rebound with an increase of 7.6 percent between Jan. 2 and 16.
Lee Min-hyung | 2023-01-24 08:58
Brokerage houses heat up race in securities token market
Brokerage houses heat up race in securities token market
Brokerage houses here are preparing to jump into the nascent securities token market after a financial watchdog approved Thursday the issuance of blockchain-powered digital tokens. Financial Services Commission (FSC) Chairman Kim Joo-hyun said securities token offerings (STO) will be legally available in Korea. The decision came amid growing demand for tokenized digital asset...
Lee Min-hyung | 2023-01-19 15:49
KOSPI New Year rally contrasts with bearish performance in 2022
KOSPI New Year rally contrasts with bearish performance in 2022
Korea's main benchmark, the KOSPI, is reversing last year's bearish performance, as it continues its upward trend since the start of the new year. According to the Korea Exchange (KRX), the KOSPI index rose by 6.69 percent during the first two weeks of January, putting it at eighth among the G20 countries' main benchmark bourse operators for the same period. The main benchmar...
Anna J. Park | 2023-01-16 17:00
Stock traders set to face fines in Korea for unfair practices
Stock traders set to face fines in Korea for unfair practices
People engaging in unfair trading activities in the local capital market will face fines of up to five times the profits they gained. The Financial Services Commission (FSC) said Monday that it agreed on a revision act for the capital market and financial investment business presented by Rep. Yoon Kwan-seok and Rep. Park Yong-jin of the main opposition Democratic Party of Kor...
Lee Min-hyung | 2023-01-16 16:58
Korea to extend forex trading hours: finance minister
Korea to extend forex trading hours: finance minister
Korea will extend the trading hours of its foreign exchange market to 2 a.m. from the current 3 p.m. as early as the second half of 2024, in a bid to attract more foreign capital and reduce market volatility, Finance Minister Choo Kyung-ho said during a press conference, Thursday. “We will increase publicity on the issue until then, and do our best to help overseas financial ...
Lee Min-hyung | 2023-01-12 16:22
[INTERVIEW] Samsung expected to show resilience in earnings, but SK to report loss: S&P
INTERVIEWSamsung expected to show resilience in earnings, but SK to report loss: S&P
Samsung Electronics recently reported an earnings shock for the fourth quarter of last year, while SK hynix, which saw a 60 percent drop in operating profit in the third quarter, is expected to have suffered an operating loss during the final quarter of 2022.
Kim Yoo-chul | 2023-01-12 09:21
Panic buying in Korea's housing market on sharp decline
Panic buying in Korea's housing market on sharp decline
Fewer people in their 20s and 30s purchased apartments here last year amid the steeply rising interest rates and falling housing prices, in an unexpected twist for the age groups who drove a panic buying spree between 2020 and 2021. According to data from Korea Real Estate Board, the two age groups accounted for only 28.4 percent of those who purchased apartments nationwide f...
Lee Min-hyung | 2023-01-12 08:18
Foreigners return to KOSPI on weakening dollar
Foreigners return to KOSPI on weakening dollar
Foreign investors have made a surprise return to the benchmark KOSPI in January on the weakening dollar and growing hopes for an end to the cycle of global monetary tightening, data showed Wednesday. According to the Korea Exchange, foreign investors purchased Korean shares worth 1.82 trillion won ($1.46 billion) between Jan. 2 and Jan. 10. They maintained their position of s...
Lee Min-hyung | 2023-01-11 15:18
Invest Seoul joins Hong Kong's Asian Financial Forum to promote local fintech industry
Invest Seoul joins Hong Kong's Asian Financial Forum to promote local fintech industry
Invest Seoul, the city government's investment arm, will host a series of events in Hong Kong later this week to promote the city as Asia's financial hub and to facilitate networking for local fintech firms.
Anna J. Park | 2023-01-10 16:54
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Top 10 Stories
1[INTERVIEW] Korean adoptee in Germany reunites with birth family after 42 years INTERVIEWKorean adoptee in Germany reunites with birth family after 42 years
2Will exempting foreign nannies from minimum wage boost Korea's birth rate? Will exempting foreign nannies from minimum wage boost Korea's birth rate?
3Retailers rush to adopt Apple Pay system Retailers rush to adopt Apple Pay system
4[INTERVIEW] Expert pitches Laotian rural reform to solve NK's chronic food shortages INTERVIEWExpert pitches Laotian rural reform to solve NK's chronic food shortages
5Daughter of North Korean dictator seen wearing $1,900 Dior jacket Daughter of North Korean dictator seen wearing $1,900 Dior jacket
6[INTERVIEW] Forbes-listed entrepreneur pursues partnerships with Samsung, LG, SK to help Ukraine INTERVIEWForbes-listed entrepreneur pursues partnerships with Samsung, LG, SK to help Ukraine
7Will Apple Pay launch boost local iPhone sales? Will Apple Pay launch boost local iPhone sales?
8[INTERVIEW] 'Welcome to world of art therapy' INTERVIEW'Welcome to world of art therapy'
9Indonesian students advise Korean bank on entering Indonesian market Indonesian students advise Korean bank on entering Indonesian market
10Korea to start mass production of KF-21 in 2024 Korea to start mass production of KF-21 in 2024
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