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ECONOMY

Tax cuts lure overseas investors back home

The government plans to introduce tax incentives as early as February to encourage retail investors who have poured money into overseas stocks to return to the domestic market, offering capital gains tax relief if funds are reinvested at home for at least a year.According to the Ministry of Economy and Finance on Jan. 20, the policy centers on a new “Return..

Korean retail investors flock to U.S. stocks
Korean retail investors’ holdings of U.S. equities have hit an all-time high, underscoring strong confidence in the American market and the appeal of growt..

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