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Finance

KOSPI nears 8,000 as AI moves into financial front lines

South Korea\'s KOSPI keeps setting record highs, rising well above 7,000 and nearing the 8,000 mark as foreign buying focuses on large-cap semiconductor and AI shares. The rally is also linked to expectations for government policy and global liquidity, although several factors are seen as potential volatility risks. Investor money is shifting into policy funds, ETFs and tax-saving accounts, while banks expand corporate finance and strategic tie-ups. AI adoption is spreading across financial services.

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

Brokerage MTS race heats up as firms push AI and content to overhaul platforms

Competition among securities firms over mobile trading systems is intensifying again, with artificial intelligence, content, community features and ease of use emerging as key differentiators. Hana Securities is preparing a new MTS for May, while Meritz Securities, Next Securities and NH Investment & Securities are developing next-generation platforms. Other firms are upgrading existing apps. The Financial Supervisory Service is also checking IT stability as trading volumes rise.