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Finance

Securities firms\' issuing-notes market grows, but Samsung and Meritz approval still unclear

South Korea\'s securities firms are stepping up rate competition as the issuing-notes market grows to 54 trillion won. Hana Securities and NH Investment & Securities raised rates after newer entrants increased returns. Sales of promotional products by Hana, Shinhan Investment Corp and Kiwoom Securities sold out quickly. Despite the market\'s rapid expansion, regulatory reviews of issuing-notes approvals for Samsung Securities and Meritz Securities have not been concluded.

Games & Commerce

Game companies move into hybrid casual segment

Hybrid casual games are emerging as a new growth engine in the mobile market as hyper casual titles face saturation and weaker profitability. The format keeps simple controls but adds collection, RPG and storyline elements, while combining in-app ads and in-app purchases. AppMagic data show in-app purchase revenue rose sharply over a year. In South Korea, Supercent posted hit titles and won an export award, while NCSoft and KRAFTON unit Neptune expand in the segment.

Telecommunications & Media

KT launches Park Yun-young leadership, pledges slimmer organization and AI B2B push

KT has named longtime insider Park Yun-young as CEO, approving his appointment at a shareholder meeting. The company is moving quickly on executive reshuffles and organisational streamlining, including a broader regional structure and simplified reporting lines. KT also plans to bolster AI-based B2B business through a new AX division and integrate its media unit into the customer division. It is also focusing on recovery from last year’s unauthorised micropayment incident.