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Finance

Shinhan Financial completes insurance puzzle with Lotte non-life deal but faces capital injection and profit recovery tasks

Shinhan Financial Group has completed the final piece of its insurance business by agreeing to buy Lotte Non-Life Insurance, but it now faces the task of improving profitability. Shinhan Financial signed an SPA to acquire 77.04% for 693.3 billion won, implying a company value of about 900 billion won. It plans to invest a total of 1.2 trillion won, including 300 billion won for capital strengthening, while analysts differ on the need for additional capital injections and the pace of profit recovery after integration.

Finance

Brokerage views diverge after KOSPI plunge: near bottom vs cautious on rebound

South Korean brokerages are split after the KOSPI slid below 6,000 in intraday trade, with some urging investors to consider bargain hunting while others warn a sustained rebound may take time. Analysts cited weaker sentiment toward U.S. tech shares, news of Chinese semiconductor advances and Middle East geopolitical risks, but also pointed to fragile domestic market flows. They highlighted heavy foreign selling and key upcoming events including U.S. inflation data and major chipmakers’ earnings.

Finance

Korea Premium Week opens; government steps up long-term investment push, Kosdaq overhaul

Korea Premium Week 2026 opened in Seoul on Sept. 28 as the government laid out capital market reform priorities. President Lee Jae-myung (이재명) said the government has pursued system improvements such as revising the Commercial Act and tougher crackdowns on unfair trading. Officials outlined steps to expand long-term investment, strengthen risk management and investor trust, enhance shareholder-friendly governance, and reorganise Kosdaq, including a two-tier structure and tighter delisting standards.