Posts
- Lotte Card Faces 1.5-Month Business Suspension and 5 Billion Won Penalty Over Data Leak
Korea's Financial Services Commission ordered a 1.5-month partial business suspension and a 5 billion won penalty against Lotte Card over a customer data leak.
- Samsung and SK Hynix Whipsaw Through Wildest Stretch of Trading in Years
After a record 20% surge on July 31, Samsung Electronics and SK Hynix plunged 8%, then swung violently before closing barely higher. What's driving it?
- South Korea Unveils 2026 Tax Reform Plan Ahead of Autumn Assembly Session
Korea's finance ministry has unveiled the 2026 tax reform plan, opening the annual revision cycle that now heads to the National Assembly this fall.
- Korea's Property Tax Overhaul Spares Owner-Occupiers, Squeezes the Top of the Market
Seoul's new real estate tax plan protects owner-occupied single homes while sharply raising levies on non-resident and ultra-high-value housing through 2029.
- Korean Won Weakens 5.8 to 1,429.8 per Dollar, Pressing the 1,430 Line
The won-dollar rate closed at 1,429.8 on August 3, up 5.8 won at the 15:30 base rate, leaving the currency within touching distance of the 1,430 mark.
- Seoul Eyes Greenbelt Release and Military Sites in Coming Housing Supply Package
Deputy Prime Minister Koo Yun-cheol says a housing supply plan easing greenbelt limits and tapping military sites is imminent, defending new high-end home taxes
- Dongwon Systems, Hyundai E&C Post Double-Digit Operating Profit Gains in Q2
Dongwon Systems lifted Q2 operating profit 21.1% on green packaging exports, while Hyundai E&C's profit rose 20.7% to 261.8 billion won.
- Korea Clears KTX-SRT Merger, With 10% Fare Cut Coming in September
Korea's antitrust regulator has approved the Korail-SR merger, uniting KTX and SRT from September with fares cut 10% and about 15,000 extra weekday seats.
- Old Bundang Apartments Out-Price Newer Wirye Stock in Seongnam's July Trades
MOLIT transaction records for July 2026 show 1990s Bundang complexes in Seongnam trading at higher per-square-meter prices than newer Wirye apartments.
- Samsung-LG Appliance Profit Gap Holds Near 1 Trillion Won for a Second Quarter
LG's home-appliance and HVAC operations out-earned Samsung's finished-goods business by about 1 trillion won again, extending a stark profit divergence.
- Bundang's 30-Year-Old Flats Outprice New Seoul Apartments in July Trades
July 2026 MOLIT filings show aging Bundang small units trading above new Seoul stock per square meter, while Ilsan, Incheon and Busan lag far behind.
- Chips Carry Korea: July Semiconductor Exports Hold Above $41 Billion
South Korea's semiconductor exports hit $41.0 billion in July, a second straight month above $40 billion, driving over 40% of the country's $98.8 billion total.
- Chungnam Pledges to Halve Permit Times for Samsung-Led 202 Trillion Won Investment
South Chungcheong will halve permitting periods and secure power and water to fast-track a 202 trillion won advanced-industry drive led by Samsung Electronics.
- SK Hynix Touches Korea's Daily Limit at 1,718,000 Won — and Analysts Still See Room
SK Hynix jumped 29.95% to 1,718,000 won on July 31, hitting the daily ceiling, while Samsung Electronics rose over 20% — yet both trade far below targets.
- South Korea's July Exports Reach $98.9 Billion, the Second-Highest Month on Record
South Korea shipped $98.9 billion in exports in July, up 62.8% from a year earlier and second only to June's record $102.25 billion.
- Two KOSDAQ Playbooks: L&C Bio's 140 Billion Won Rights Offer, Bonne's Private Placement
L&C Bio seeks about 140 billion won in a shareholder rights offering while Bonne raises 2.2 billion won from one investor — two KOSDAQ paths to new equity.
- July Filings Show an Eightfold Price Gap Across Korea's Capital-Region Apartments
MOLIT transaction records for July 2026 show capital-region apartment prices ranging from 186 million won in Incheon to 1.475 billion won in Bundang.
- Korea's FSC Cuts Lotte Card Suspension to 1.5 Months Over Massive Data Breach
Korea's FSC gave Lotte Card a 1.5-month business suspension and a 5 billion won fine over a breach of 2.97 million customers' data, easing a proposed 4.5 months
- Korea's Half-Year Tax Haul Swells 33 Trillion Won on a Stock-Trading Boom
South Korea collected 223 trillion won in taxes through June, up 33 trillion won, as securities transaction tax jumped 482% and bonuses lifted income tax.
- L&C Bio's 140 Billion Won Rights Offering Leads a KOSDAQ Capital-Raising Rush
Three KOSDAQ companies unveiled share sales totaling over 144 billion won, led by L&C Bio's 140 billion won rights offering for facility investment.
