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Finance

KOSPI rises for third session on hopes of U.S.-Iran end-of-war talks

South Korean stocks were extending gains for a third straight session on Wednesday, supported by expectations for U.S.-Iran end-of-war negotiations. The KOSPI was up 1.06 percent at 6,156.01 by 9:10 a.m., after opening higher and widening its advance. Retail investors and institutions were net buyers, while foreigners were net sellers. Most heavyweight shares were higher. The won edged up against the dollar in onshore trade.

Finance

Hana Bank partners with Next Securities to strengthen foreign investment infrastructure

Hana Bank said it signed an agreement with Next Securities at its headquarters in Seoul to improve the domestic stock investment environment for overseas investors. The agreement covers FX transactions and custody services for foreign securities investment. The two firms will cooperate on real-time exchange-rate information sharing and trading via an FX API, custody for settlement at domestic exchanges, and applying real-time rates to overseas investors around the clock.

People & Appointments

IMI sponsors cultural arts programme at Jeonbuk Maeum Sarang Hospital

IMI said on Wednesday it delivered funding to Jeonbuk Special Self-Governing Province Maeum Sarang Hospital to support cultural and arts programmes aimed at helping psychiatric patients recover. The sponsorship is part of IMI's social contribution initiative, the "Possibility On" project, which runs from April 15 to November. IMI will cover materials and prizes for exhibitions. The programme targets children, teenagers and adults in their 60s suffering severe mental illnesses such as addiction and depression.