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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'..

  • Korea producer prices post sharpest rise since IMF crisis

  • South Korea’s producer prices surged in April at the fastest monthly pace since the 1998 Asian financial crisis, as soaring oil and petrochemical costs lin..
  • K-steel faces dual blow from EU’s 50% tariff and rising costs

  • Domestic steelmakers are facing mounting internal and external business pressures as global tariff barriers and production costs rise simultaneously. This..
  • KFTC penalizes flour millers over price collusion

  • The Fair Trade Commission (FTC) has issued an independent price-resetting order—the first in 20 years—and imposed a 6710 billion won fine on flour milling..
  • Middle East war hits auto industry as exports slide

  • South Korea's automobile exports fell 5.5% last month to $6.17 billion, heavily impacted by factors such as the war in the Middle East.According to the Apr..
  • Korean banks’ Q1 net profit slips on bond losses

  • The net profit of South Korea’s domestic banks declined slightly in the first quarter of 2026 despite improved interest margins, as losses from securities..
  • Korean won stays above 1,500 as US yields and oil prices rise

  • The Korean won remained above the 1,500-per-dollar level for a third consecutive trading session, heightening concerns over mounting pressure on the Korean..
  • Korea household debt nears 2 quadrillion won in Q1

  • South Korea’s household debt climbed closer to the 2 quadrillion won mark in the first quarter of 2026, driven mainly by a sharp increase in non-bank lendi..
  • SK Ecoplant sees profit surge powered by chip boom, but keeping AI and semiconductor gains remains a task

  • SK Ecoplant recorded an "earning surprise" for the first quarter of this year, significantly beating market expectations and demonstrating the impact of it..
  • Security firm liquidity regulations to undergo complete overhaul; 'Adjusted Liquidity Ratio' to apply to all fimrs

  •  Financial authorities are completely overhauling the liquidity regulatory framework for securities firms to strengthen their liquidity risk managemen..
  • SKC draws massive interest in 1 trillion won rights offering, fueling expectations for semiconductor-centered business restructuring

  •   SKC's rights offering of approximately 1.16 trillion won recorded oversubscription from both existing shareholders and its employee stock owner..
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"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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