Korea’s crypto exchanges ride bitcoin rally on Trump optimism

South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expec...

NinjaTrader to revitalize Koreans’ domestic, overseas derivatives investments

NinjaTrader Group LLC., a leading US futures broker, is set to accelerate South Koreans’ investments in overseas derivatives while seeking to a...

State-run think tank KDI slashes GDP forecast, urges BOK to cut rates

The Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country’s economic growth fo...

S.Korea mulls fines on Barclays, Citi for short-sale violations

South Korea’s financial authorities are considering fining British multinational investment bank Barclays plc and US investment banking group C...

S.Korean retail investors rush to buy Indian stocks on dips

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sout...

First Korean American US Senator vows to cement Seoul-Washington ties

NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationshi...

S.Korea set to scrap financial investment income tax

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &ndas...

In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ove...

Korea’s household debt sees ‘balloon effect’ as rules tightened in Seoul

South Korea’s household lending market is witnessing a balloon effect as tighter government lending rules for Seoul and its surrounding metropo...

Korea’s export growth at 7-month low amid growing external risk

South Korea’s export growth slowed to a seven-month low in October despite strong shipments of semiconductors and automobiles, stoking concerns...

Cuckoo eyes $172 mn IPO of Malaysian unit in Kuala Lumpur: Bloomberg

South Korea’s leading rice cooker and small appliance maker Cuckoo Holdings Co. is said to be seeking to list its Malaysian unit in the Southea...

Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small c...

Korea’s economy sees slower-than-expected rebound in Q3

South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the ...

Hanwha Asset taps US for Korean defense ETF listing

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seekin...

Heavy inheritance, gift taxes spur rich Koreans to emigrate to Singapore

A South Korean co-CEO of a blockchain investment firm with hundreds of millions of dollars in assets moved to Singapore last year to avoid the Northe...

S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and p...

Korea’s financial exposure to real estate nearly doubles in 10 years

South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The t...

BOK flags more rate cuts but in gradual, small steps

South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in ...

Foreign appetite for Korean stocks wanes with $5.5 bn in September sales

Foreign investors' appetite for South Korean stocks turned sour with sales of 7.36 trillion won ($5.5 billion) worth of shares on the Korean bourse i...

Korea to join FTSE Rusell bond index to attract $66 bn inflows

South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-lar...

Growing dollar-backed stablecoin trades may destabilize Korean economy

Trading in dollar-backed stablecoins, cryptocurrencies pegged to the US currency, in South Korea hit a record high amid complex and costly currency e...

S.Korea’s inflation dips below 2% for 1st time in 42 months

South Korea’s headline inflation slowed below 2% for the first time in three and a half years in September on lower international oil prices, r...

S.Korea’s exports stand firm thanks to record chip sales

South Korea’s exports extended their growth streak for the 12th straight month in September mainly driven by record-high semiconductor shipment...

Korea’s finance min, central bank chief to take on demographic crisis

South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task f...

Wealthy Koreans look to Indian equities as 'next China' investment

First, it was the US that attracted many South Korean investors looking for higher returns.And then came China, which ensnared Korean retail investor...

Naver to retire $306 mn shares, but stock remains weak

South Korea’s leading internet portal operator Naver Corp. will buy back and retire about 400 billion won ($306 million) worth of shares by the...

S.Korea to offer incentives to attract foreign scientists

South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial intel...

KRX launches Korea Value-up Index featuring 100 best practice firms

South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government&...

South Korean investors bet big on ETFs tracking Indian equities

India has emerged as a new darling for South Korean investors actively searching for an alternative to China reeling from multiple economic setbacks....

Mobility firms, banks replace battery, K-culture stocks in KEDI 30 Index

Mobility, financial services and biotech companies have elbowed out battery and entertainment stocks in the KEDI Innovator ESG 30 Index in an annual ...