Why Korean bank shares got bump from Trump’s 2nd term
The market believes Trump’s win could lead to looser merger policies and antitrust scrutiny, and possibly delay the full application of Basel III Endgame, a set of international…
Im Eun-byel
Bitcoin hits record in Korea, even without ‘kimchi premium’
The surge comes shortly after the crypto hit the 110 million won mark on local exchanges Sunday, Nov. 10. The local price of bitcoin has sharply jumped from around 95 million won…
South Korea finally succeeds in joining the World Government Bond Index
World Government Bond Index inclusion expected to draw in $56b in passive foreign funds.
Buddhism will ‘pave way’ for stronger Korea India ties
Buddhism can strengthen the ties between South Korea and India, according to Indian actor Gagan Malik, who is known for playing the role of Prince Siddhartha in the 2013 film…
South Korea’s hostility to short selling may scare global investors away
Following heavy market fluctuations, local regulators enforced a complete ban on short selling in November. The halt, initially set to last until June, has been prolonged to March…
South Korea’s inflation falls to 2% target
CPI inflation, which remained at 1.9 percent in March 2021, reached its peak at 6.3 percent in July 2022. It dipped to 2.4 percent in July 2023, before rebounding and again…
Institutional investors in Korea take slower approach to crypto
With the US Securities and Exchange Commission approving spot bitcoin ETFs earlier this year, more institutional investors overseas, from hedge funds to private equities, are…
More young South Koreans give up on finding a job
The number of NEET (not in education, employment or training) Koreans between the age of 15 and 29 who were not actively seeking work stood at 443,000 in July, up 42,000 on-year,…
Seoul shares remain volatile after market meltdown
It was the first time in over four years for the bourse operator to activate a sidecar on the buying side of both the Kospi and Kosdaq.
South Korea Finance Minister hints at major inheritance tax cuts in July
While the inheritance tax scheme has remained the same for more than two decades, the number of taxpayers to whom the inheritance tax applies has been increasing sharply, rising…