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Finance

Investors eye interest-bearing products as Korean stock market languishes

South Korea\'s stock market remains sluggish while market interest rates stay high, drawing investor attention to interest-bearing products such as brokerage-issued notes, repurchase agreements, government bonds and money market funds. Experts say the environment allows investors to secure interest income, but stress that choosing products should start with when the money will be needed. Product features, early redemption terms, credit risks and tax benefits vary, requiring careful checks of conditions and liquidity.

Finance

P2P lenders gain momentum as rules ease; financial CEO appointments gather pace

Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.

Finance

Small business sales up 4.5 percent but margins fall for second straight quarter; delinquencies rise

South Korean small business sales rose 4.53 percent in the second quarter from a year earlier, but profit margins fell for a second straight quarter as expenses increased faster, a report by Korea Credit Data showed. Average revenue per business was 47.11 million won, while average spending rose 5.83 percent to 35.22 million won. Delinquent amounts on sole proprietors’ loans rose 4.3 percent from the previous quarter to 15.2 trillion won.