Posts
- Shinhan Securities Marks 4 Trillion Won ISA Milestone With 3.65% Special RP Offer
Shinhan Securities launched a special RP paying 3.65% pre-tax for brokerage-type ISA holders after accounts topped 500,000 and balances reached 4 trillion won.
- KOSDAQ's Revolving Door: Two IPO Approvals and Two New Filings in Four Days
Korea Exchange cleared Dabeeo and Hana Aerodynamics for KOSDAQ listing and accepted new applications from Mothers Pharmaceutical and E9Pay days later.
- KOSPI Sinks 1.79% as Samsung and SK Hynix Slide Past a 10 Trillion Won Buyback Wall
Seoul's benchmark fell 1.79% on August 28 as Samsung Electronics and SK Hynix dropped 3-4%, even after the pair spent some 10 trillion won on buybacks in a week
- Hyundai Engineering Opens 2026 Graduate Recruitment Across 10 Job Fields
Hyundai Engineering is accepting applications for its 2026 new-employee open recruitment across 10 job fields until September 9, the company said August 28.
- KEPCO Jumps on Westinghouse Stake Talk as Korean Chip Giants Stumble Into Jackson Hole
KEPCO surged over 6% on reports of a possible Westinghouse stake, while Samsung Electronics and SK Hynix erased gains ahead of the Jackson Hole speech.
- Bank of Korea Chief Points to Gradual Rate Hikes Over the Next Six Months
After a 6-1 vote for a second straight rate increase, Governor Hyun Song Shin says he expects gradual hikes ahead, with board forecasts topping out at 3.50%.
- Korea's 3-Year Treasury Yield Falls to 3.816% Ahead of Bank of Korea Rate Decision
Korea's 3-year government bond yield fell for a third straight session to 3.816% on Aug. 26 as markets braced for the Bank of Korea's rate decision.
- Korea's Financial Services Commission Rotates Director-Level Officials
South Korea's FSC has carried out a round of director-level transfers, reshuffling the mid-ranking officials who run day-to-day financial policy work.
- Anthropic Eyes a $2 Trillion Valuation as Oura Chases Its Own Mega-Round
Anthropic reportedly eyes a 139 trillion won IPO at up to a $2 trillion valuation; smart-ring maker Oura seeks 4 trillion won at a 22 trillion won price.
- Hyundai Motor Securities Names Jang Moon-su Research Chief in Four-Team Overhaul
Hyundai Motor Securities will expand its research center from three teams to four in September, appointing Jang Moon-su as the division's new head.
- Korean Won Firms to 1,382.4 per Dollar, Reversing Monday's Slide
Seoul's 15:30 reference rate came in at 1,382.4 won per dollar Tuesday, down 4.1 won, unwinding Monday's climb to 1,386.1 in a narrow late-August range.
- Hanmi Licenses Muscle-Preserving Obesity Candidate to Genentech for Up to $2.3 Billion
Hanmi Pharmaceutical licensed obesity drug candidate HM17321 to Roche's Genentech for up to $2.3 billion, including a $190 million upfront payment.
- Korea's FSC Chief Anchors Redevelopment Loan Limits to Member Sale Prices
FSC Chairman Lee Eog-weon told lawmakers relocation-loan LTV will be based on cooperative member sale prices, while banks pick the benchmark for balance loans.
- Korean Won Strengthens Past 1,383 as Dollar Slips for Second Straight Session
The won-dollar rate closed at 1,382.40 on August 24, down 4.1 won, extending the prior session's 6.1-won drop to a two-day decline of 10.2 won.
- South Korea's August Economic Readout: Inside the Finance Ministry's Monthly Assessment
South Korea's finance ministry has released its August economic trends assessment, the government's monthly diagnosis of growth, prices, and markets.
- Why 2028 Is the Quiet Deadline in South Korea's New Property Tax Plan
South Korea's latest tax overhaul sequences its housing measures around 2028, effectively telling owners of multiple homes when to sell.
- Bank of Korea Raises Base Rate to 2.75%, Ending a Two-Year Easing Run
The Bank of Korea lifted its base rate 25bp to 2.75% on July 16, its first increase in the ECOS record since late 2024, with bond yields already well above it.
- Hana Bank Joins State Guarantee Funds in 200 Billion Won Push for Young Founders
Hana Bank, KIBO and KODIT launched Y-BRIDGE, a 200 billion won guarantee-backed loan program aimed at companies run by young South Korean entrepreneurs.
- Korea's Ruling Party and Government Agree to Ease Homeowner Residency Rules
Korea's ruling party and government reached consensus on recognizing unavoidable non-occupancy as residency, easing tax rules for single-home owners.
- Kospi Clears 6,900 as Samsung Buyback Filing Extends a Broad Two-Session Rally
The Kospi rose 0.88% to 6,912.95 after a 5.89% surge, with Samsung's treasury-share filing and a 6.55% insurance jump keeping the rally broad.
