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ECONOMY

  • Toss Securities accelerates expansion of its wealth management spectrum

    Toss Securities is eyeing an expansion into wealth management (WM), a segment traditionally accessible only to a small number of high-net-worth clients. Having taken its first step into the WM business with a tax-advantaged pension savings account, the company is now pursuing a wrap account business as well. Since Toss Securities has no in-person staff, it'..

  • [2026 Environment Forum] Climate Policy Bureau Chief: "AI era competitiveness hinges on electricity, must end fossil fuel reliance"

  • South Korea must break away from its heavy reliance on fossil fuel imports and transition into a self-reliant "Electro-State," powering its industry, trans..
  • Bank NPL ratio hits 5-year high in March amid SME, SOHO distress

  • The non-performing loan (NPL) ratio at South Korean commercial banks hit a five-year quarterly high at the end of the first quarter of this year. While the..
  • Kakao urges balanced pay deal amid heavy union demands

  • Kakao issued an official apology after the breakdown of its wage negotiation mediation, while simultaneously underscoring that the performance-based compen..
  • Household income rises for 11th quarter but gap widens

  • The nation’s household income extended its upward trajectory for the 11th consecutive quarter in the first quarter of this year. Powered by this income gro..
  • Business owners undergo investigation from NTS for tax evasion

  • The National Tax Service (NTS) announced on May 28 that it has launched an intensive tax audit targeting 19 corporations heavily suspected of misappropriat..
  • Korea speeds up 'Blue Carbon' expansion utilizing tidal flats and seaweed

  • The center of gravity for carbon neutrality is shifting from land to sea. Moving beyond "green carbon," which centers primarily on forests and trees, "blue..
  • Samsung affiliates invest in Dunamu to expand digital assets

  • Samsung Securities, Samsung SDS and Samsung Card have decided to acquire a combined 4 percent stake in Dunamu, operator of the country’s largest cryptocurr..
  • Korea business sentiment hits highest level in nearly four years

  • South Korea’s business sentiment improved sharply in May despite the prolonged conflict in the Middle East, reaching its highest level in nearly three year..
  • Samsung and Mirae launch high-stakes battle over leveraged chip ETFs

  • Samsung Asset Management and Mirae Asset Global Investments are set to compete head-to-head in South Korea’s newly launched single-stock leveraged exchange..
  • Insurers’ loan balances decline in Q1 as regulators tighten risk oversight

  • South Korean insurance companies saw their outstanding loan balances decline slightly in the first quarter of 2026, while delinquency rates also edged down..
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people

"Hallyu ban to be removed quickly": Hopes of thaw in Seoul-Beijing ties

· "Efforts will be made to remove Hallyu ban quickly"
· SK Group Chairman heads to Japan to soften "WD risk"

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Jang Won-young shines as BVLGARI’s holiday muse

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