South Korea\'s Financial Supervisory Service urged brokerages to proactively manage credit loans to limit investor losses as market volatility rises, and warned it could activate additional regulatory tools if self-management proves inadequate. The FSS said it reviewed implementation of recently announced self-management measures at a meeting with chief risk officers from 10 comprehensive financial investment firms. It called for effective enforcement of limits on total credit provision and stock-by-stock exposure and will keep monitoring compliance with the Financial Investment Association.

Naver Webtoon is shifting to a co-CEO leadership structure, appointing Kim Yong-su and Kim Gyu-nam as co-chief executives, it said on Wednesday. Junkoo Kim will step down as head of the South Korean entity and focus on global management and long-term growth strategy as Webtoon Entertainment CEO and board chair. The company said the move extends a leadership reshuffle carried out in March and aims to expand headquarters governance to the Korean unit and strengthen professional management tailored to local markets.