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Hana Financial Group and the Small Enterprise and Market Service have launched a nationwide program to help young merchants attract customers and revive neighborhood shopping districts. The Hana On, Youth On project will support 15 teams comprising about 100 young business owners, selected through an open recruitment process over the past three months. Each team will develop projects suited to its district, ranging from community events and joint marketing campaigns to improvements to the local
Hyundai Engineering & Construction has launched Hillstate Godeok Ellist, a 1,779-home apartment development near Samsung Electronics’ Pyeongtaek Campus in Gyeonggi Province. Located in Godeok International New Town, the development occupies two blocks in the Godeok Internationalization District. Block A12 will have 942 homes in buildings up to 23 stories, while A65 will contain 837 homes in buildings up to 27 stories. All units have 84 square meters of floor space. Most homes feature four-bay la
Shinhan Financial Group explored closer Korea-Japan cooperation in transition finance, carbon markets and digital assets at a Seoul conference, the group said Tuesday. Held Monday at the Korea Financial Investment Association in Yeouido, the conference brought together representatives from academia, financial authorities and the Asian Development Bank to discuss building trusted climate finance infrastructure in Asia. Yonsei University’s Graduate School of Environmental Finance and the Korea Gre
A network of Seoul National University alumni working in finance allegedly used confidential deal information to make more than 20 billion won ($14.7 million) in illicit trading profits, financial authorities said Tuesday. The suspects, graduates of South Korea’s most prestigious university, allegedly shared information through connections formed at an SNU investment club and a global consulting firm. Investigators say the network extended to relatives and friends, with around 10 people trading
Kakao Pay Securities is teaming up with US-based Dinari and Ondo Finance to explore offering tokenized Korean stocks to overseas investors, potentially opening a new channel into the country’s equity market. The brokerage signed memorandums of understanding with Dinari on Tuesday and Ondo Finance on Monday. The agreements cover sourcing Korean-listed shares, distributing them overseas and developing systems to issue and manage blockchain-based tokens linked to the stocks. Commercial launches rem
South Korea launched a three-week campaign to attract global investors Monday, pledging further capital market reforms as international investment firms stressed that lasting confidence would depend on consistent implementation. Jointly hosted by the Financial Services Commission and the Korea Exchange, “Korea Premium Weeks 2026” runs through Oct. 16 in Seoul and Busan, bringing together 42 organizations and 55 listed companies. Authorities plan to make the inaugural event an annual showcase for
With South Korea's stock market having been the world’s most volatile earlier this year, questions are growing over whether the country's sidecar, a five-minute halt on program trading, remains effective. Sidecars, a key market safeguard, have been triggered far more frequently this year than ever before. The benchmark Kospi has seen 49 sidecar activations, nearly double the 26 recorded in 2008 at the height of the global financial crisis. The secondary Kosdaq has also seen 32 sidecar interrupti
Kakao Group is expanding partnerships with companies including Southeast Asian superapp Grab, leading Thai financial technology group SCBX and South Korea’s Kyobo Life Insurance as it prepares to build a won-based stablecoin ecosystem. The South Korean technology group, which includes Kakao, KakaoBank and Kakao Pay, said on Wednesday it aimed to establish a value chain covering the issuance, distribution, payment and transfer of won-denominated stablecoins once the country introduces a regulator
The Korea Exchange's newly launched after-hours market has seen high levels of volatility in its first week, amid relatively thin liquidity and a high concentration of retail investors. According to the KRX, an average of 54.85 million shares, worth 1.1 trillion won ($811 million), changed hands each day in during the 4-8 p.m. after-hours market from Sept. 14 to Friday, accounting for 4.6 percent of total market trading value. During the period, a total of 5,354 volatility interruptions — measur
NC is stepping up its global expansion with a two-track strategy tailored to regional markets, introducing Astrae Oratio in Japan while preparing Aion 2 for a broader international release. The South Korean game publisher showcased Astrae Oratio at the Tokyo Game Show, held Thursday to Monday at Makuhari Messe in Chiba, Japan. NC operated a dedicated booth and unveiled the title’s first playable demo to local gamers. Developed by Japanese studio Dynamis One and published globally by NC, Astrae O
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