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[Financial District Tidbits]Dealing Rooms Not Immune—Surge in Stablecoin Study Sweeps Trading Floors
Hwang Soo-wook, analyst at Meritz Securities, cited Bank for International Settlements (BIS) data showing that stablecoins ...
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KOSPI Opens Firm, Approaching 3,000 Mark Amid US Market Holiday—Doosan Fuel Cell Surges 21%
As of 09:15 KST on June 20, the KOSPI was up 9.23 points, or 0.31%, at 2,986.97, according to Yonhap Infomax’s New Stock ...
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'5,000-Point Reform'—FSC Mulls Mandatory Cancellation of Treasury Shares as EB Issuance Surges Ahead of New Rules
(Seoul=Yonhap Infomax) Gyeong Eun Park – The Financial Services Commission (FSC) has begun discussions on a policy that would ...
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Mercedes-Benz Accelerates Investment in South Korea's EV Charging Infrastructure—Establishes HPC Korea
(Seoul=Yonhap Infomax) Yong Bi Yang = Mercedes-Benz is ramping up its investment in South Korea's electric vehicle (EV) ...
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Lotte Chemical to Divest Water Treatment Business—Accelerates Asset Optimization (Comprehensive)
(Seoul=Yonhap Infomax) Yong Gab Kim, Pil Joong Jeong—Lotte Chemical Corp., a major South Korean petrochemical company, ...
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'Cost-Cutting Takes Priority'—Mid- and Small-Sized Card Firms Put Apple Pay Adoption on Hold
A researcher at a credit rating agency explained, “Large card issuers may have the capacity to attract customers through ...
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Banks Scramble to Defend NIM Decline—Shareholder Returns May Slow
According to the Korea Financial Investment Association, investor deposits in the domestic stock market, excluding ...
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President Lee Blocks Easing of Rental Car Age Limit—Policy Direction Under Scrutiny
According to government ministries on the 20th, the Ministry of Land, Infrastructure and Transport’s proposed revision to the ...
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Why the 'Sensitive' Move to Extend Stock Trading Hours Emerged—Surging ATS Market Share Spurs Regulatory Response
(Seoul=Yonhap Infomax) Sun Hwan Jang, Kyu Sun Lee – The market share of NextTrade, South Korea’s alternative trading system ...
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STO Seen as Key to Capital Market Reform—Could It Become a Funding Channel for Startups and SMEs
According to industry sources on the 20th, the Financial Services Commission (FSC) is reviewing measures to fundamentally ...
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Hyundai Bets on the Future With All-New Nexo—A Closer Look at the Upgraded Hydrogen SUV
Amid sluggish demand for hydrogen vehicles, Hyundai’s ambitions for the new Nexo are evident in both its design and ...
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Bitcoin ETF Launch in South Korea Nears—Who Will Safeguard Trillion-Won Assets?
(Seoul=Yonhap Infomax) Kyu Sun Lee – The launch of spot Bitcoin exchange-traded funds (ETFs) in South Korea is becoming ...