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Sunday, Aug, 9, 2026

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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'..

  • KDI raises Korea growth outlook to 1.9%

  • The Korea Development Institute (KDI) has raised its forecast for South Korea’s economic growth this year to 1.9 percent, citing robust exports driven by a..
  • Korea, Indonesia extend currency swap for five years

  • South Korea and Indonesia have agreed to extend their won–rupiah currency swap agreement for five years, strengthening bilateral financial cooperation and..
  • Property tax hike returns, even single-home owners targeted

  • As the Lee Jae-myung administration makes its intention to “normalize” the real estate market increasingly clear, the housing market in Seoul and the wider..
  • Stocks rebound sharply after one-day plunge

  • South Korea’s benchmark KOSPI surged more than 6 percent on Feb. 3, posting its highest-ever closing level as the market staged a swift rebound just one da..
  • KOSPI plunges below 5,000 on Warsh shock

  • South Korea’s benchmark KOSPI fell more than 5% on Sunday, breaking below the psychologically important 5,000 level, as investor sentiment deteriorated fol..
  • AI-driven rally lifts Korea into global top 10 markets

  • South Korea’s stock market has climbed to 10th place globally by market capitalization, overtaking Germany as an artificial intelligence–driven rally resha..
  • 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..
  • Bank funds rush to stocks amid market rally

  • Funds are rapidly flowing out of banks and into the stock market amid a blistering rally, raising concerns that the so-called “money move” could accelerate..
  • KOSPI nears 5,000 as accounts near 100 million

  • As the KOSPI edges closer to the 5,000 mark, the number of active stock trading accounts in South Korea is also approaching a historic milestone, with 100..
  • KOSPI climbs near 4,800 on strong inflows

  • South Korea’s benchmark KOSPI closed just 2.45 points short of the 4,800 level on Thursday, extending its rally to a 10th straight session as foreign and i..
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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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