Tag: nps

nps

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Jeong Eun-kyeong, Minister of Health and Welfare, speaks at fifth meeting of the year for the National Pension Service's National Pension Fund Management Committee at the Seoul Government Complex on May 28. [MINISTRY OF HEALTH AND WELFARE]

NPS raises its allocation of domestic equities by 5.9 percent

The National Pension Service (NPS), a major player in the domestic stock market, decided to raise its allocation in domestic equities by 5.9 percentage points this year.

2026.5.28

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 7822.24 points on May 11, up 324.24 points, or 4.32 percent, from the previous day's trading session. [NEWS1]

Stock market mustn't be reduced to casino for speculators (KOR)

Rather than cheering ever-higher stock prices, policy makers should place far greater emphasis on managing risk.

2026.5.12

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Korea Zinc Chairman Choi Yun-birm speaks during a session at the 2026 IEA Ministerial Meeting in France on Feb. 18. [YONHAP]

Korea Zinc labor union blasts NPS for withholding vote to reappoint corporate chair to board

Korea Zinc’s labor union criticized the state-run pension fund’s decision to withhold its vote on the corporate chairman’s reappointment as an internal board member, calling it a failure to safeguard a national strategic industry.

2026.3.22

The National Pension Service in Seodaemun District in western Seoul [NEWS1]

DP lawmakers aim at MBK in urge for NPS to 'sever ties with speculative investors'

With the National Pension Service poised to play a de facto casting vote at the upcoming annual shareholder meeting of Korea Zinc, Korean politicians are urging it to uphold its duty as a public fiduciary and safeguard corporate and labor interests.

2026.3.17

A visitor consults with an employee at the general consultation office at the National Pension Service’s Northern Seoul Regional Headquarters in Seoul on Jan. 9. [YONHAP]

National pension recipients likely to top 8 million this year

The number of recipients of the national pension program is likely to surpass 8 million this year, the National Pension Service said Monday, amid the country's rapidly aging population.

2026.3.2

The Seoul Metropolitan Police Agency in central Seoul [NEWS1]

Police investigate alleged theft of $4.8 million in cryptocurrency seized by National Tax Service

Police have launched an investigation into the alleged theft of cryptocurrency seized by the National Tax Service.

2026.2.28

Pension service posts record investment gains of $161B on local bourse rally

The National Pension Service (NPS) posted record investment gains of 231.6 trillion won ($161 billion) in 2025, boosted by a sharp rally in Korean stocks that sent the local market soaring.

2026.2.27

Electronic display boards at a foreign exchange booth shows the rate in Seoul on Dec. 18. [NEWS1]

Pension fund's currency interventions could heighten U.S. scrutiny on Korea, says former NPS chief

The NPS's efforts to stabilize the won might provoke U.S. scrutiny over currency manipulation, as it increases its role in forex markets, potentially straining Korea-U. S. financial relations.

2025.12.18

Minister of Health and Welfare Jeong Eun-kyeong speaks at the National Pension Fund Management Committee's seventh meeting of the year, held at 4 p.m. at the Seoul Government Complex, central Seoul, on Dec. 15. [MINISTRY OF HEALTH AND WELFARE]

Pension service extends temporary adjustment period for currency hedging strategy until next year

The National Pension Service (NPS) will extend its temporary adjustment period for the strategic currency hedging ratio of its fund until next year to continue mitigating risks from exchange rate fluctuations.

2025.12.15

An employee sorts dollar bills at Hana Bank’s counterfeit response center in central Seoul on Nov. 26. [NEWS1]

Korea's forex crackdown on exporters raises concerns of gov't overreach

Experts warn that the government's move to “closely monitor” major exporters in case they hoard dollars may not only fail to achieve its goal but could also risk intervening in management decisions.

2025.12.12