Homeplus accused of selling bonds despite knowing about credit downgrade, says regulator
Homeplus sold bonds worth tens of billions of won despite knowing its credit rating was about to be downgraded, the Financial Supervisory Service (FSS) said on April 1, raising suspicions of fraud and...
Kwak Chang-ryeol, Lee Jae-eun
Homeplus accused of selling bonds despite knowing about credit downgrade, says regulator
Kolmar Korea braces for activist push as Dalton joins board
South Korean cosmetics manufacturer Kolmar Korea is facing activist pressure as U.S.-based Dalton Investments secured a board seat at the company’s ho...
2025.04.01(Tue)
|Seok Nam-jun, Park Su-hyeon
South Korea's crypto investor base exceeds 16 million amid market optimism
The number of cryptocurrency investors in South Korea has surpassed 16 million, driven by renewed market enthusiasm following Donald Trump’s victory i...
2025.03.31(Mon)
|Ahn Joong-hyun, Park Su-hyeon
MBK execs sued over 'fraudulent' Homeplus bond sales
A listed South Korean company has filed a criminal complaint against MBK Partners Chairman Kim Byung-ju and Homeplus executives. The complaint alleges...
2025.03.31(Mon)
|Lee Ga-young, Lee Jae-eun
Exclusive: S. Korea's top 3 local whiskey brands up for sale
South Korea’s three biggest local whiskey brands, which import raw whiskey from abroad but distribute it domestically, are all up for sale. According ...
2025.03.31(Mon)
|Noh Ja-woon, Kim Seo-young
KOSPI falls below 2,600 as tariff, short selling fears rattle markets
South Korean stocks tumbled Thursday as heightened market uncertainty weighed on investor sentiment ahead of the reinstatement of short selling and th...
2025.03.28(Fri)
|Lee Hai-woon, Kim Mi-geon
S. Korean retail investors fuel global volatility with risky herd trading
The CEO of Kiwoom Securities likened Toss Securities’ investor forum to a stock-pumping chatroom, spotlighting growing concerns over risky herd behavi...
2025.03.28(Fri)
|Kim Eun-jung, Lee Jung-soo
Financial chiefs at odds over South Korea's Commercial Act amendment
A rift has emerged among South Korea’s top financial regulators over the amendment to the Commercial Act that recently passed the National Assembly. F...
2025.03.27(Thu)
|Kim Jung-hoon, Lee Jae-eun
Foreign investors return to South Korea's market after months of selling
​Foreign investors are returning to South Korea’s stock market, marking a significant shift after months of net selling. From March 17 to 21, they rec...
2025.03.26(Wed)
|Kim Eun-jung, Lee Jung-soo
Korean won drops to all-time low against yuan since launch of direct trading
The won-yuan exchange rate surged past 202 for the first time since the launch of the direct trading market between the South Korean won and Chinese y...
2025.03.25(Tue)
|Choi On-jung, Kim Mi-geon
South Korean banks compete for crypto exchange partnerships
Bithumb, South Korea’s second-largest cryptocurrency exchange, switched its banking partner from NH Bank to KB Kookmin Bank. Since the decision was ma...
2025.03.25(Tue)
|Kwak Chang-ryeol, Lee Jae-eun
Nextrade boosts stock offerings to include Samsung, SK Hynix
Retail investors will be able to trade blue-chip stocks like Samsung Electronics and SK Hynix on Nextrade starting on March 24. Nextrade, South Korea...
2025.03.23(Sun)
|Lee Hai-woon, Lee Jae-eun
Hanwha Aerospace stock tumbles 13% after capital increase plan
South Korea’s defense giant Hanwha Aerospace and other Hanwha Group stocks dropped sharply on March 21 after the company announced a major stock sale ...
2025.03.21(Fri)
|Mun Su-bin, Kim Seo-young
Meritz CEO cashes un $610M stock options, tops S. Korea's pay list
Kim Yong-beom, vice chairman and CEO of Meritz Financial Group, exercised 990,000 stock options at the end of 2024, earning 81.4 billion won ($610 mil...
2025.03.21(Fri)
|Han Yena, Park Su-hyeon
Exclusive: NPS pulls 500 billion won from Mirae Asset mandate after manager shakeup
South Korea’s National Pension Service (NPS) has withdrawn 500 billion won ($341 million) from a domestic equity mandate managed by Mirae Asset Global...
2025.03.21(Fri)
|Jun Joon-beom, Yeon Sunok, Lee Jae-eun
S. Korea to impose fines on "hidden chairmen" behind accounting fraud
South Korea’s financial regulators are moving to change the rules so they can fine the real owners of companies involved in accounting fraud. Until no...
2025.03.20(Thu)
|Jun Joon-beom, Lee Jung-soo