KB News DeskLeveraged chip ETFs face fivefold deposit hike
South Korea’s brokerage industry has agreed to tighten investor protection rules for single-stock leveraged exchange-traded funds after the products came under criticism for amplifying market volatility. The Korea Financial Investment…
Hong Kong offers free child airfare to draw Korean families this summer
Families flying to Hong Kong this summer can bring one child along for free under a promotion from the Hong Kong Tourism Board and Cathay Pacific aimed at Korean travelers.…
Korean Air may keep dual mileage programs after merger
Separate mileage programs could bring daily fines, duplicate operating costs, accounting risks Korean Air may have to run two separate mileage programs even after its merger with Asiana Airlines takes…
Samsung unveils titanium display for next Galaxy foldables
Samsung Electronics on Wednesday unveiled a titanium-based display technology for its next Galaxy foldables that it says will reduce crease visibility, improve durability and help make the devices slimmer and…
PM reaffirms South Korea's push to join top 5 global exporters
Prime Minister Han Seong-sook vowed Tuesday to focus the government’s policy efforts to advance South Korea into the ranks of the world’s top five exporters. Han made the pledge during…
Labor, management narrow gap in minimum wage proposals to 200 won
Labor and management representatives negotiating next year’s legal hourly minimum wage narrowed the gap in their wage proposals to 200 won ($0.13) on Tuesday in a last-minute effort to reach…
Young heritage professionals gather in Seoul ahead of UNESCO World Heritage Committee
The 2026 World Heritage Young Professionals Forum, an official preliminary event of the 48th session of the UNESCO World Heritage Committee, kicked off in Seoul on Monday, bringing together experts…
‘Singles parties’ with drinks may cross legal line
Pay-to-play social gatherings offering food and alcohol through online community platforms may cross the line into unregistered business activity when they are held repeatedly for profit, local media reported Tuesday.…
Police under fire for seeking aggravated theft charges against disabled pair over $1 ice cream
Busan police are facing accusations of excessive law enforcement after referring two people with developmental disabilities to prosecutors on suspicion of special larceny for taking a 1,500 won ($1) ice…
Seoul shares end higher on tech rebound despite Middle East tensions
Seoul shares ended higher Tuesday on a rebound in technology heavyweights, although investors remained concerned about renewed tensions in the Middle East and uncertainty surrounding the artificial intelligence sector. The…
