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News

DigitalToday
digitaltoday.co.kr > en > view > 101867 > loan-curbs-keep-volume-caps-but-widen-exemptions-for-housing-supply-funds

Loan curbs keep volume caps but widen exemptions for housing supply funds

1+ hour, 44+ min ago   (407+ words) According to financial authorities on Sept. 9, household loans across the financial sector rose 2.6 trillion won in August, less than half the 6.4 trillion won increase in July. The increase also narrowed compared with 4.8 trillion won in the same month last year....

DigitalToday
digitaltoday.co.kr > en > view > 101766 > samsung-securities-enters-commercial-paper-business-after-nine-years-gets-final-approval-from-financial-services-commission

Samsung Securities enters commercial paper business after 9 years, gets final FSC approval

17+ hour, 25+ min ago   (355+ words) Samsung Securities will enter the commercial paper business after 9 years. It first applied for approval in 2017 but repeatedly failed to clear hurdles due to issues including major shareholder eligibility and the possibility of sanctions. With a final decision by the…...

DigitalToday
digitaltoday.co.kr > en > view > 101779 > kospi-reclaims-7000-level-up-1-40-percent-on-institutional-buying

KOSPI reclaims 7,000 level, up 1.40 percent on institutional buying

17+ hour, 8+ min ago   (306+ words) KOSPI rose more than 1 percent on Tuesday to reclaim the 7,000 level. It climbed as high as the 7,100 level during the session. Institutional buying and gains in semiconductor and secondary battery stocks lifted the index. KOSPI ended up 97.12 points, or 1.40 percent,…...

DigitalToday
digitaltoday.co.kr > en > view > 101733 > kb-financial-bs-group-productive-finance-renewable-energy-ai-data-centres

KB Financial, BS Group to cooperate on productive finance for renewables, AI data centres

18+ hour, 7+ min ago   (330+ words) [DigitalToday reporter Ji-young Lee] KB Financial Group will work with BS Group to jointly identify businesses and expand financial support in future growth areas such as renewable energy, energy infrastructure and AI data centres. KB Financial said on Tuesday it…...

DigitalToday
digitaltoday.co.kr > en > view > 101556 > kakao-group-steps-up-stablecoin-wallet-infrastructure-kakaopay-completes-poc

Kakao Group steps up stablecoin wallet infrastructure as KakaoPay completes PoC

22+ hour, 53+ min ago   (246+ words) KakaoPay has completed a verification of wallet technology it plans to use for distributing digital assets such as won-denominated stablecoins. Kakao Group will use that as a basis to push to supply related solutions to external companies and financial institutions....

DigitalToday
digitaltoday.co.kr > en > view > 101418 > hecto-financial-to-provide-point-damoa-to-cafe24-allowing-payments-with-card-points

Hecto Financial to provide 'Point Damoa' to Cafe24, enabling payments with card points

1+ day, 10+ min ago   (182+ words) Hecto Financial will provide a service on Cafe24 online shopping malls that allows users to check points from multiple card companies at once and use them for payments. Hecto Financial said on Sept. 9 it will provide its new payment method, the…...

DigitalToday
digitaltoday.co.kr > en > view > 101383 > korea-budget-semiconductor-windfall-september-parliament-clash

Semiconductor export boom swells Korea budget, setting up September parliamentary clash

1+ day, 1+ hour ago   (576+ words) South Korea’s government budget for 2027 is set to rise sharply as a semiconductor export boom lifts tax revenue, raising the stakes for a September parliamentary session over how to allocate funds. The plan boosts spending to 820.9 trillion won and lifts…...

DigitalToday
digitaltoday.co.kr > en > view > 101366 > brokerage-bonds-draw-strong-demand-over-4-trillion-won-on-results-improvement-rate-appeal

Brokerage bonds draw strong demand, topping 4 trillion won on results improvement and rate appeal

1+ day, 1+ hour ago   (715+ words) [Digital Today reporter Sangyeop Oh] Institutional funds are pouring into securities firms' corporate bonds despite rising market rates. Improved earnings on the back of a strong stock market and the appeal of higher interest income appear to be supporting demand....

DigitalToday
digitaltoday.co.kr > en > view > 101211 > hancom-joins-hancom-innostream-furiosaai-to-target-npu-based-ax-market

Hancom joins Hancom Innostream, FuriosaAI to target NPU-based AX market

1+ day, 18+ hour ago   (178+ words) Hancom is working with affiliate Hancom Innostream and AI chip company FuriosaAI to target the neural processing unit (NPU)-based AX (AI Transformation) market. The three aim to combine Hancom’s agentic OS with FuriosaAI’s second-generation AI accelerator, RNGD (Renegade), to…...

DigitalToday
digitaltoday.co.kr > en > view > 101227 > kakaobank-launches-auto-finance-comparison-service-to-compare-loans-and-installment-plans-from-about-70-financial-firms

KakaoBank launches auto finance comparison service to compare loans and installment plans from about 70 financial firms

1+ day, 18+ hour ago   (161+ words) KakaoBank will introduce an auto finance service that allows users to compare everything from used-car loans to new-car cashback and long-term rentals in one place. KakaoBank said on Sept. 8 it will launch an "auto finance comparison service" that lets customers…...