Search results for 30 million won
Finance
Mirae Asset Securities cuts short-sale collateral loan rates further
Mirae Asset Securities will further cut interest rates on short-sale collateral loans to reduce customers’ interest burdens. The brokerage said the rate cuts will take effect on Nov. 2 and will vary by daily usage amount, lowering rates by up to 2 percentage points. Rates currently applied uniformly at 7.95 percent will be reduced to 5.95 percent for amounts up to 30 million won and to 7.45 percent for amounts above that level.
Finance
Investment firms on edge ahead of parliament audit as leverage losses, finance hacking loom
South Korea\'s financial investment industry is bracing for a parliamentary audit that is expected to focus on investor protection and information security. Lawmakers are set to question regulators over the rollout and supervision of single-stock leveraged and inverse exchange-traded products after disclosures of retail losses. The expanding hacking incidents across financial institutions have also put securities firms\' security and internal control systems under scrutiny, alongside calls for tougher preventive inspections.
Industry
Tesla faces crisis and opportunity as China and Europe press electric vehicle offensive
Tesla is making new moves on shareholder decision-making and fundraising after the U.S. SEC approved an automatic voting method for retail investors and the company secured a large credit line. Attention is also on potential major strategies, including a possible SpaceX merger, and on why Tesla is seeking large borrowing despite holding substantial cash. The company is also upgrading vehicles, while Europe and China intensify competition in electric cars and charging infrastructure.
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AI & Enterprise
Hangeul and Computer Foundation holds first official event, Multicultural Harmony Camp
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AI & Enterprise
Bill proposes youth \'shutdown\' feature for generative AI, letting parents set usage time
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Finance
Second public participation National Growth Fund sales begin, raising 600 billion won
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Games & Commerce
2026 Korea Game Awards to be held on Nov. 18 with 13 categories
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AI & Enterprise
Hangeul and Computer Foundation, Our Culture Guardians to hold multicultural harmony camp
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Finance
Financial firms step up Chuseok sharing drives, expand community outreach
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Games & Commerce
Daum runs Asian Games special page featuring AI search and baseball event
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Finance
Credit margin debt investing still rises despite drop in leveraged ETF trading
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Telecommunications & Media
Broadcast Media Telecommunications Commission asks police to probe 3 illegal location-tracking service operators
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Finance
Shinhan Bank to provide 500 billion won in agreement-backed guarantees for Busan small merchants
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Games & Commerce
Woowa Brothers says it will help foster a vibrant startup environment
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Crypto
Tokenised securities to expand beyond fractional investment to stocks, bonds and funds
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Telecommunications & Media
Almost all Tving accounts compromised after poor access key management
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AI & Enterprise
Tving data breach leaks 39.54 million account records, including dormant and withdrawn users
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Finance
Banks vary in how they use SCB to assess small business loans