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Finance

Competition heats up in foreign integrated accounts as market eyes overseas retail inflows to Korean stocks

Foreign integrated account services that allow overseas retail investors to trade Korean stocks through local brokerage apps are expanding. Samsung Securities has launched a service with Interactive Brokers, while Hana Securities and Meritz Securities are widening partnerships in Asia and preparing a launch with Webull. Authorities have eased related rules, including scrapping the foreign investor registration system. Markets expect the change to raise accessibility over time rather than immediately shift flows.

Finance

Toss Securities disclosure verification under scrutiny after Kolmar Korea results error causes investor confusion

Toss Securities caused confusion among some investors after incorrectly displaying Kolmar Korea’s first-quarter results on its mobile trading system, showing separate results instead of consolidated figures. The app indicated sales of 343 billion won and a 47.5 percent drop from a year earlier, while consolidated results were sales of 728 billion won and operating profit of 78.9 billion won, both up from a year earlier. Toss later corrected the data and apologized.

Finance

Stablecoin race for control spreads, KOSPI nears 7,000

Competition over global payment infrastructure centered on stablecoins is spreading across the financial industry. Hana Financial Group is moving to cooperate on blockchain-based remittances with Dunamu and POSCO International, while Visa is expanding its stablecoin pilot and adding five more blockchains. U.S. banks are calling for stronger in-house blockchain strategies, and Shinhan Card is expanding a Solana-linked proof-of-concept. Markets also remain strong, with the KOSPI holding above 6,600 and repeatedly hitting record highs.