Search results for stock brokerage
Finance
Shinhan Investment Corp first-half net profit up 123 percent to 577.7 billion won
Shinhan Investment Corp said on Wednesday its net profit for the first half of 2026 rose 123.1 percent from a year earlier to 577.7 billion won, helped by higher income from stock brokerage and financial product fees. Operating profit climbed 135.0 percent to 748.4 billion won. Fee income increased 138.6 percent to 935.4 billion won. Second-quarter net profit rose 0.3 percent from the previous quarter to 289.3 billion won.
Finance
Brokerages cut domestic branches and step up global push
South Korean brokerages are accelerating overseas expansion as mobile trading prompts further streamlining of domestic branches. As of end-2025, 16 firms operated 93 overseas outlets, up by 13 from a year earlier, while overseas subsidiaries’ net profit rose 67.8 percent. Domestic branches at the top 10 brokerages slipped to 438 as of March 31. Firms are widening foreign omnibus account services and building networks across the United States, Hong Kong, Southeast Asia and India.
Crypto
Has bitcoin hit a bottom? Clarity Act stalls again
The cryptocurrency market is focused on Ripple’s shift toward payments and software revenue beyond XRP, highlighted by its participation in Mastercard’s AI payments network featuring the RLUSD stablecoin. XRP sentiment swings between bullish forecasts and signs of weakness, though ETF inflows and institutional adoption continue. In the United States, the Clarity Act stalls over an ethics provision linked to Trump family crypto businesses. Bitcoin rebounds above $60,000, while attention grows on altcoins and new ETF products.
