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General News

Koreans\' health focus shifts from body to mind as sleep and stress management gain importance

Kookmin Bank Financial Group said a survey showed Koreans’ health management interests are expanding from physical health to mental health and quality of life. Sleep remained the top area of interest, while stress management rose. Despite broad recognition of mental health as a key wellness area, relatively few respondents said they manage it routinely. The report also found signs of fatigue and reduced sleep time, and a gap between interest and action on well-aging.

Finance

36 trillion won wiped out in a month as domestic ETF net assets stumble

Net assets in South Korea-listed exchange-traded funds stood at 424.7 trillion won as of Oct. 21, down 36.4 trillion won from Sept. 22, data from Korea Securities Depository’s SEIBro showed. Net assets rebounded by about 5.8 trillion won in a day on Oct. 21 but remained more than 36 trillion won below a month earlier. Samsung Asset Management and Mirae Asset Management posted the largest declines, while outflows were notable from semiconductor, AI and leveraged ETFs.

Finance

Audit 2026: Financial holding companies face \'shadow executive\' row; bank rate and security weaknesses also flagged

At a comprehensive parliamentary audit of the financial sector, lawmakers raised issues spanning governance, loan rate-setting, security and consumer protection. They flagged practices in which retired executives stay on as advisers, and concerns over former Financial Supervisory Service officials taking jobs in financial holding companies. Some banks were criticised for raising add-on rates and cutting preferential rates. Low compensation under a voice phishing scheme and vulnerabilities in bank security software were also questioned, along with a lack of long-term fixed-rate mortgages.