RedotPay lands in Seoul with crypto cards
RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...
Korean entertainment stocks advance, unfazed by US tariff concerns
South Korean entertainment and gaming stocks climbed on Friday, defying a broader market drop as investors sought refuge in sectors seen as immune t...
All listed stocks to be available for shorting in South Korea
South Korea will allow short selling of all listed stocks in the country as of Monday for the first time in five years, raising expectations of more...
BlackRock sees digital assets at critical turning point
Digital assets are poised for robust structural growth – not just as investment vehicles but as strategic assets – fueled by growing ins...
Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day
South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-st...
Gaming company NXC looks to unload stroller maker Stokke
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700...
Dunamu slapped with 3-month business suspension order
Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...
S.Korea to allow listed firms to trade cryptocurrencies in second half
South Korea plans to allow companies listed on the local stock market to trade virtual assets, including cryptocurrencies, on a pilot basis in the s...
Korean investors abandon savings, stocks for cryptocurrencies
Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...
Alternative stock exchange Nextrade to launch on March 4
Nextrade, South Korea’s first alternative stock exchange, enabling trading of stocks listed on the Kospi and the Kosdaq for 12 hours a day is ...
Korea seeks tighter control over digital coins, mulls mandatory disclosures
South Korea plans to tighten its controls over cryptocurrency trade in the country by mandating information disclosures for listed virtual assets an...
Bank of Korea seen cutting interest rates by 25 bps in January
The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...
Korea seeks to ease fintech ownership, crypto regulations
South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...
South Korea’s forex reserves drop to 5-year low in 2024
South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...
NPS initiates strategic currency hedging to unleash up to $48.2 billion
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...
Koreans flock to cryptos amid Trump-fueled crypto craze
The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...
South Korea to ease foreign exchange regulations, expand FX swap line
South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...
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 expe...
Korea’s SK Networks partners with Malaysia’s Sunway on AI
South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...
KB Kookmin Bank issues €500 mn in covered bonds
South Korea's KB Kookmin Bank said on Tuesday that it issued €500 million ($545 million) in global covered bonds the previous day.Covered bonds...
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 ...
Doosan Bobcat scraps merger with Doosan Robotics
Doosan Group on Thursday scrapped a merger between heavy machinery maker Doosan Bobcat Inc. and collaborative robot manufacturer Doosan Robotics Inc...
BC Card, Uzbekistan to connect payment network
South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NI...
Korea Investment's Nasdaq 100 ETF surpasses $747 mn
Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion wo...
Qxpress investors to take over Qoo10 founder's control
Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control amid financial turm...
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
KB Star exchange-traded funds rebranded as Rise
South Korea’s KB Asset Management Co. announced on Wednesday that it will change the name of its ETF brand from "KB Star" to "Rise."The names ...
Hana Financial mulls non-banking M&As for growth: CEO
Hana Financial Group, one of South Korea's top five financial groups, is mulling mergers and acquisitions in non-banking sectors in a bid to seize n...
Hana Securities services S.Korean stock investment in Hong Kong
South Korea's Hana Securities announced on Tuesday that it launched a service allowing Hong Kong investors to open its accounts through Hong Kong's ...
Korean banks broaden horizons to Mexico, Poland, Africa
South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...
