JIN MINJI - koreajoongangdaily

Bain Capital to acquire Gong cha for $635 million

The investment firm will acquire the bubble tea chain in a deal valued at more than $635 million, with plans to expand its footprint in Korea, Japan and the United States.

How Korea’s pension giant became a bystander as Kospi volatility exposed the risks of its home-market bet

After sharply increasing domestic stock holdings during the rally, the National Pension Service had limited capacity to steady the Kospi when foreign selling triggered a steep July reversal.

Hana expands inclusive finance support for youth and small businesses

Hana Financial Group will broaden support for young people and small businesses, strengthen debtor protection and name a vice chairman to lead the effort.

Woori launches Liberation Day savings products offering up to 8.29%

Woori Bank launched limited-time deposit and savings products tied to Liberation Day and Kim Koo’s 150th birth anniversary, offering up to 8.29 percent annual interest with preferential rates.

Korea to cap proportion of single-stock leveraged ETFs in retail portfolios

Financial authorities are weighing limits on the leveraged financial products as well as higher trading costs after a sharp Kospi sell-off intensified concerns over market volatility.

반도체 훈풍에 원화 약세 제동…구조적 저평가는 여전

Kospi sinks over 10 percent as China chip fears hit

Heavy foreign selling drove Korea’s benchmark index to a three-month low as China’s chip advances rattled semiconductor shares and broader market sentiment.

Strong chip demand, weak won lift Korea Inc.'s Q2 profits

Hanwha Ocean, LG Innotek and other major companies reported sharp earnings gains as chip demand stayed strong and the weak won boosted exporters.

U.S. keeps Korea on currency manipulation monitoring list

The U.S. Treasury cited the won’s sharp depreciation and Korea’s large external surplus in keeping Seoul on its currency monitoring list.