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South Korea Moves to Repatriate Overseas Stock Funds to Stabilize Domestic Market

South Korea Moves to Repatriate Overseas Stock Funds to Stabilize Domestic Market

Korean paper money, won, and cash banknotes for financial and business transactions. Korean money as a background for your design South Korea is stepping up efforts to draw retail investment back from overseas markets, as authorities seek to stabilize the domestic stock market and strengthen capital flows at home. The initiative centers on a newly introduced investment framework that offers

Apr 1 2026
12:00 PM PST
South Korean Banks Cut Jobs as Online Shift Empties Branches

South Korean Banks Cut Jobs as Online Shift Empties Branches

(사진=MotionElements) South Korea’s rapid shift to online banking is accelerating a structural downsizing across the country’s financial sector, as lenders move to cut jobs and shrink their physical footprint in response to declining branch usage. Mobile and digital platforms have become the dominant channel for everyday banking in one of the world’s most connected consumer markets. As customers increasingly bypass

Apr 1 2026
09:00 AM PST
South Korea Tightens Penalties on Stock Manipulation in Push to Lift Market Valuations

South Korea Tightens Penalties on Stock Manipulation in Push to Lift Market Valuations

(Photo=MotionElements) South Korea is moving to raise the cost of stock manipulation, part of a broader effort to bolster confidence in its equity market and address persistent concerns that domestic stocks trade at a discount to global peers. Judicial authorities have introduced tougher sentencing guidelines that allow for significantly harsher penalties, including life imprisonment in the most serious cases. The

Apr 1 2026
08:00 AM PST
Burger King Korea Rolls Out $2.90 Whopper Deal With April Fools’ Marketing Twist

Burger King Korea Rolls Out $2.90 Whopper Deal With April Fools’ Marketing Twist

Photo=BURGERKING Burger King’s South Korean unit is launching a limited-time promotion offering its signature Whopper at a deep discount, using an April Fools’ Day-themed campaign to draw in customers. The promotion is built around a fictional “ordering mistake” by a store manager who allegedly ordered too many burger buns. The campaign features playful messaging in stores and online, including mock

Mar 31 2026
01:00 PM PST
Hyundai to Rebuild Key Ulsan Plants in First Major Overhaul in Decades

Hyundai to Rebuild Key Ulsan Plants in First Major Overhaul in Decades

Photo=Hyundai Motor Hyundai Motor said March 31 it will rebuild major portions of its Ulsan manufacturing complex, marking the first large-scale overhaul of the facility in more than six decades as it modernizes production and advances its electric-vehicle strategy. The company recently informed its labor union of plans to fully reconstruct Ulsan Plant 1 and Line 2 of Plant 4.

Mar 31 2026
01:00 PM PST