Short-selling transactions rose to the highest in over two years when the Korean stock market crashed earlier this week on AI valuation concerns, industry data showed Thursday.
Household loans extended by Korean banks rose by the largest margin in 10 months in June, driven by an increase in housing transactions and surging home prices, central bank data showed Wednesday.
Korea's financial regulator will allow corporate cryptocurrency accounts and broaden law enforcement agencies' access to crypto transactions.
Secondhand marketplace Bunjang revealed Thursday its 2024 trend report on K-pop merchandise for its global platform.
The Korean government detected over 400 suspicious land transactions made by foreigners between 2017 and 2022, with more than half of the cases linked with Chinese nationals.
The actual transaction prices of apartment units in Seoul logged a record fall of 22.09 percent in 2022, the biggest margin since the agency began compiling related data in 2006, largely due to rising interest rates.
Troubles in the real estate market are spilling over into other parts of the economy, with property agents, interior design businesses and movers feeling the effects of the downturn.
Virtual assets may in some cases be securities, the governor of the Financial Supervisory Service (FSS) suggested on Thursday.
An additional $1 billion-plus of suspicious transactions have been identified at Korean banks by the Financial Supervisory Service (FSS).
The prosecution launched an investigation into suspicious foreign exchange transactions reported by Shinhan and Woori Bank last month, local media reported Monday.
Korea JoongAng Daily Sitemap
