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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'..

  • Kospi reclaims 4,000 on AI, Fed optimism

  • The Kospi reclaimed the 4,000 mark for the first time in nine trading days, opening in the 4,010 range. Analysts say improved risk appetite for AI-related..
  • Assembly approves 2026 budget before legal deadline

  • The Lee Jae-myung administration’s first budget bill passed the National Assembly on Monday, marking the first time in five years that a budget has cleared..
  • Consumer prices rise 2.4% in November

  • South Korea’s consumer prices climbed 2.4% in November from a year earlier, marking the third straight month in the 2% range, as higher food and petroleum..
  • Koo vows tougher food-price controls for household stability

  • Deputy Prime Minister and Finance Minister Koo Yun-cheol said Tuesday that managing inflation, especially food prices, is central to stabilizing people’s l..
  • Korean government moves to extend FX swap with pension fund

  • The government has begun discussions to extend the foreign-exchange swap agreement between the foreign-exchange authorities and the National Pension Servic..
  • Korea posts record-high $61B exports in November

  • South Korea’s exports reached $61.04 billion in November, marking the highest November figure on record, the government said Monday. With six consecutive m..
  • Semiconductors lift Korea’s outlook to 1.8%

  • The Bank of Korea (BOK) on Thursday revised up next year’s real GDP growth forecast to 1.8%, citing a rebound in consumer sentiment, strengthening semicond..
  • Upbit suffers ₩44.5 billion hack, halts transactions

  • Upbit, South Korea’s leading cryptocurrency exchange, suffered a hacking incident worth 44.5 billion won ($32 million) early Thursday, prompting an immedia..
  • Business sentiment hits 13-month high in November

  • South Korean businesses reported their strongest sentiment in 13 months in November, supported by a sustained semiconductor super-cycle and recovering cons..
  • Consumer sentiment hits 8-year high in November

  • South Korea’s consumer sentiment index reached its highest level in eight years in November, boosted by the conclusion of U.S.–Korea tariff negotiations an..
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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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