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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'..

  • Producer prices keep rising on goods and services

  • Korea’s producer price index (PPI) extended its upward trend in October, as higher prices for manufactured goods such as computers, electronics and primary..
  • Bank deposit rates rebound to the 3 percent range

  • With major banks raising savings and deposit rates this month, the top interest rates on key time-deposit products have climbed back into the 3 percent ran..
  • Mortgage rates climb back to 6%

  • South Korea’s major banks have raised mortgage rates back into the 6% range for the first time in two years, signaling a tightening lending environment as..
  • KDI raises 2026 growth outlook to 1.8% amid easing domestic slump

  • South Korea’s economic growth outlook for 2026 is brightening, with major state and financial research institutes projecting growth close to the 2% range,..
  • Blue chips dominate as Kospi powers past 4,000

  • The Kospi’s surge past the 4,000-point mark has only deepened the market’s concentration in large-cap stocks. New data show that the five largest conglomer..
  • Global banks lift Korea growth outlook on chip exports

  • Major global investment banks (IBs) and Korean securities firms are revising their 2026 economic growth forecasts for South Korea upward, citing sustained..
  • kospi rebounds 2.2% to open at 4,092.46

  • On November 6 at 9:12 a.m., the Kospi opened at 4,092.46, up 88.04 points, or 2.20%, staging a rebound just a day after a pullback. The Kospi hovered..
  • Korea’s FX reserves rise to $428.82 billion

  • Operating gains and new foreign-currency stabilization bond issuance helped lift South Korea’s foreign-exchange reserves in October. On November 5, th..
  • October inflation hits 2.4% amid higher food, energy costs

  • South Korea’s consumer prices rose at the fastest pace in more than a year in October, driven by higher costs for farm goods, processed foods, and petroleu..
  • Semiconductor boom to drive bigger share of KOSPI profits in 2026

  • As the KOSPI index soars past the 4,100 mark to reach an all-time high, analysts forecast that the semiconductor sector will take an even larger share of t..
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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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