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South Korea bans viral North Korea propaganda video praising Kim
7 contemporary Korean dance groups to tour Hungary, US
Taiwan's new President Lai in his inauguration speech urges China to stop its military intimidation
Bucheon Fantastic Film Fest to revisit Son Ye-jin’s career
Foreign holdings of Korean finance giants hit record high
S. Korea expresses condolences over death of Iranian president
AI Seoul Summit to discuss ways to make AI equitable in Global South
[Today’s K-pop] Seventeen to launch new subunit duo
Korea's increasing US investment mutually beneficial: report
'NewJeans is the biggest victim in Hybe-Ador feud,' music critic
'K-Respect Day' to promote cultural understanding, combat hate speech
Seoul bans bee-toxic pesticides in parks, roadside trees
XR partnership between LG, Meta falls through
Seoul shares close higher on tech, auto gains
Sejong Center's Sync Next aims to attract new audiences
Iranian President Raisi: Hard-liner on morality, protests, nuclear talks
Hermes celebrates craftsmanship
Chinese e-commerce sales slow in April amid safety concerns
Minister urges med schools to get on schedule with expansion plans
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Market drops over US Fed’s rate hike plan, but officials say Seoul safe from volatility
Economy
Jun 17, 2021
Kospi, crypto trade bearish on Fed’s hawkish stance, curbing confidence over economic recovery
Financial firms scurry to forge cross-industry partnerships for data-driven innovation
Money
May 11, 2021
Cross-industry partnerships in the financial sector are in full swing as banks seek to transform personal data into a new revenue source, ditching their reliance on interest rates. Commercial lenders and credit card companies have been rushing to forge alliances with mobile carriers and retailers to compile large volumes of customer data from business partners in order to provide personalized products and to fuel data-driven marketing activities. The heating competition is ignited by the gove
Korean brokerages in race to lure sleepless US stock traders
Markets
May 10, 2021
South Korea’s securities brokerage houses are in a heated race to attract retail stock investors with an interest in the US stock market, providing more cost-competitive services and enhancing those services with technology. Their services sweeten the deal for day traders here, who are increasingly fond of US stocks such as Tesla, Apple, Amazon.com, Alphabet, Nvidia and Microsoft, as the brokerages even buy and sell stocks overnight. With the start of daylight saving time in the US, regu
War over digital financing looms as traditional banks jump into online-only services
Markets
May 4, 2021
Faster than anyone could have imagined, South Korea’s IT platforms, which have had no banking experience at all, have quickly become a dominant force in the nation’s retail banking scene. The COVID-19 pandemic has been defining moment for digital transformation, according to industry watchers, with the rising number of consumers preferring non-face-to-face banking services. According to the Bank of Korea, the volume of money transfers and loan applications carried out
Kospi’s dizzy new heights: Asset bubble or market reality?
Markets
Jan 12, 2021
Some analysts optimistic about upward direction of South Korea's main bourse, but others warn of its speed
Korean market gains momentum from individual investors
Markets
Jan 3, 2021
Increased liquidity, tightened housing regulations, and anticipation of post-pandemic recovery to attract more ‘ant warriors’ to equity investment in 2021
Housing price rally likely to continue next year over supply shortage
Markets
Dec 29, 2020
South Korea’s housing price rally, sparked by a supply shortage and tightened regulations throughout the year, is likely to continue next year, stoking concerns about housing market instability. According to KB Financial Group in a report, housing prices across the country will see an upward march overall next year while two-year rentals requiring a refundable lump-sum deposit in lieu of monthly rent, called “jeonse,” will also be more expensive. The report, based on a surve
Liquidity likely to uphold stock rally
Markets
Aug 6, 2020
Kospi surges 60% to nearly 2-year high, some forecast reaching 2,400 points in H2
Political links to South Korean hedge funds spark controversy
Money
Jul 20, 2020
Troubled hedge fund operator’s entangled ties with political circles expose misleading attempts to cover up shallow investment strategies
Snowballing fiasco shows Korea's failure to create healthy hedge fund environment
Markets
Jul 19, 2020
Series of hedge fund scandals suggest failure of policy drive to create Korean rival to Elliott Management, regulatory loopholes, and immaturity of market itself
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