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Finance
South Korea stocks swing wildly as network separation rules ease
South Korean stocks remain highly volatile, with circuit breakers and sidecars triggered in turns as the won slides and authorities issue verbal warnings on speculative trading. Investors are watching the U.S. Federal Open Market Committee for signals on the rate path and currency moves. Interest in SpaceX’s listing is strong, though some Korean firms received no allocation. Household loans are rising again, prompting tighter controls, while AI adoption spreads across finance alongside growing security concerns.
Finance
K Bank offers 0.3 percentage point preferential rate on Plus Box
K Bank is offering interest-rate benefits to customers managing short-term funds as demand for parking accounts rises amid growing investment standby funds. The bank said on June 11 it will run an event providing an annual 0.3 percentage point preferential-rate coupon to Plus Box customers. Participants can join via the K Bank app without conditions. Preferential-rate tiers depend on each customer’s Plus Box balance as of June 10, with new account holders eligible up to 10 million won.
Finance
K Bank posts 112.6 billion won net profit in 2025, shifts to non-interest-led growth
K Bank said it posted net profit of 112.6 billion won last year. It added 2.78 million new customers, taking the total to 15.53 million, and ended the year with 28.43 trillion won in deposits. Loans rose 13 percent to 18.38 trillion won. Interest income fell 7.8 percent, while non-interest income rose about 40 percent. Asset quality indicators improved and its BIS ratio was 14.52 percent.