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Finance
Youth Future Savings applications begin, focus on young adults\' fund flows
Applications for the Youth Future Savings policy savings product began on Sunday, drawing attention to whether young adults\' money will extend beyond deposits and instalment savings into individual savings accounts (ISA) and domestic investment products. The product offers a 3-year fixed rate with maximum rates of 7 to 8 percent. Interest in ISA accounts is also rising, while overlap limits among youth-targeted products could affect demand.
Industry
SK hynix, Samsung Electronics battle for top market cap spot in South Korea
Samsung Electronics and SK hynix are locked in a dispute over which is the top stock on South Korea\'s KOSPI by market capitalisation. SK hynix briefly moved ahead of Samsung in common-share market value on June 22, seen as a first change in 25 years and 7 months. Samsung countered that it remains No. 1 when preferred shares are included, warning that excluding them could confuse investors.
Finance
Lee Chan-jin says single-stock leveraged ETFs only fatten brokerages
Lee Chan-jin (이찬진), head of South Korea\'s Financial Supervisory Service, voiced strong concern over overheating in single-stock leveraged exchange-traded funds tied to Samsung Electronics and SK Hynix. He said extreme turnover concentrates gains on brokerages and other intermediaries rather than individual investors, and said the watchdog is considering additional investor safety measures. Lee also criticised a failed SpaceX IPO allocation at Mirae Asset Securities and said inspections of related asset managers will be expanded.
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Crypto
Bitget launches feature to buy U.S. stocks with cryptocurrency after converting to USDC
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Finance
KOSPI hits record high again as SK Hynix tops market cap
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Finance
SK Hynix overtakes Samsung Elec to become KOSPI top by market cap for first time in 26 years
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AI & Enterprise
U.S. government weighs stakes in AI companies as \'AI sovereign wealth fund\' plan emerges
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Crypto
Strategy\'s ability to buy more bitcoin in doubt as STRC weakens
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Crypto
STRC slump raises funding structure debate, putting Strategy\'s bitcoin buying plan to the test
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Crypto
Bitcoin could drop below $24,000 in 2026; a sharp U.S. stock selloff is the variable
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Finance
KOSPI above 9,000 faces test from PCE, Micron earnings
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Crypto
Solana tops wallet holders for tokenised real-world assets, shakes up tokenisation race
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Crypto
Ripple CEO says crypto industry at turning point ahead of 10th anniversary Swell
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Finance
KRX delays pre-market launch to end-2027
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Industry
SpaceX seeks $20 billion investment-grade bond issue
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AI & Enterprise
Korea broadcast media bodies, FSS sign MOU to eradicate illegal financial information
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Crypto
Andrew Tate liquidated eight times in 24 hours after 40x bitcoin bet
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Crypto
AI-driven fund shift puts bitcoin at risk of retesting $60,000