Korea Joongang Daily
Korea JoongAng Daily

Sales of derivative-linked securities up in Q3

Sales of derivative-linked securities in Korea increased in the third quarter from a year earlier, data showed on Wednesday.

2025-12-31

Lee criticizes financial institutions as 'bloodless and 'tearless,' calls for broader public service

President Lee Jae Myung sharply criticized Korea’s financial institutions on Friday, saying that they are focusing too heavily on household lending, such as mortgages, while neglecting their broader public role.

2025-12-19

Banks' capital adequacy ratio down in Q3 this year

Korean banks saw their capital adequacy ratio inch down in the third quarter of the year, data showed Friday. The average capital adequacy ratio of 17 commercial and state-run banks had stood at 15.87 percent as of the end of September.

2025-12-05

Gmarket suffers unauthorized payment incident affecting 60 users amid hacking woes

Financial authorities have begun an emergency on-site inspection of the major e-commerce platform Gmarket Inc. after reports of unauthorized mobile payments, representatives said Wednesday.

2025-12-03

Regulators to target companies' system security in wake of Coupang data leaks

Financial authorities are pushing legal amendments to strengthen companies' system security, calling it pivotal to their survival amid a recent hacking and security breach at Upbit and Coupang.

2025-12-01

Deputy prime minister addresses growing uncertainty over foreign exchange market

Deputy Prime Minister and Finance Minister Koo Yun-cheol on Friday expressed concern over rising uncertainty in the foreign exchange market and said the government would actively deploy all available measures if needed.

2025-11-14

After public pressure, FSS chief agrees to sell one of his Gangnam apartments

Lee Chan-jin, governor of the Financial Supervisory Service (FSS), has put one of his two apartments up for sale, following criticism over him for owning multiple homes in Seoul’s affluent Gangnam area.

2025-10-27

Crypto accounts up, trading down as price surge weakens

The number of active cryptocurrency accounts in Korea has exceeded 10 million for the first time, but both trading volume and market capitalization declined due to weakening price momentum.

2025-09-30

Korean gov't cancels plan to dismantle Financial Services Commission

The government’s plan to dismantle the Financial Services Commission (FSC) for the first time in 17 years was scrapped Thursday, a mere 18 days after it was announced.

2025-09-26

FSS employees wear black to protest gov't plan to restructure financial watchdog agencies

Hundreds of employees at the Financial Supervisory Service (FSS) wore black to work on Tuesday to protest the government’s plan to restructure financial oversight agencies.

2025-09-09