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Finance

Korea regulators tighten monitoring on margin, leverage as KOSPI swings wildly

South Korea\'s KOSPI is extending a roller-coaster run, swinging sharply on foreign selling and moves in U.S. rates and oil prices. The index rebounded 8.42 percent on May 21 after recent steep declines, while volatility gauges climbed. Margin debt hit a record 36.6 trillion won and forced selling rose as the market slid earlier in the week. Regulators are stepping up monitoring and urging restraint ahead of new single-stock 2x leveraged ETFs.

Crypto

Bitwise\'s BSOL sees inflows, Solana\'s $95 break in focus

Spot Solana exchange-traded funds recorded their largest weekly net inflows since February, lifting expectations for further gains. Weekly net inflows totalled $39.23 million, with Bitwise\'s BSOL accounting for most of the demand. Solana futures open interest rose to $6.4 billion from $4.94 billion in less than two weeks, while Solana climbed to $97. Markets are watching whether $95 turns into support and whether $120 becomes the next target.

Industry

Korea\'s three battery makers set for first-quarter losses

South Korea\'s three battery makers are expected to post losses in the first quarter, as weak conditions in automotive batteries and a transition toward energy storage systems weigh on results. Securities industry estimates point to operating losses at LG Energy Solution, Samsung SDI and SK On. Analysts also flag a domestic production promotion tax credit, expected to take shape in a July tax revision plan, as a potential variable for profitability in the second half.