Tag: NPS

NPS

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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.

2026.8.5

A person enters a regional office of the National Pension Service in western Seoul on April 8.

NPS rebalancing likely to add fresh uncertainty to an already volatile stock market

Korea's National Pension Service will begin reducing its stake in the fast-moving Kospi, gradually selling off trillions of won in domestic shares.

2026.6.30

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Kospi closing is displayed at 8,203.84 in a Hana Bank trading room in central Seoul on June 23.

Kospi posts record plunge as AI rally cracks

Korea’s benchmark index sank nearly 10 percent as fading AI optimism, rate fears, pension fund rebalancing and tax debate rattled investors.

2026.6.23

Jeong Eun-kyeong, Minister of Health and Welfare, speaks at fifth meeting of the year for the National Pension Service's National Pension Fund Management Committee at the Seoul Government Complex on May 28. [MINISTRY OF HEALTH AND WELFARE]

NPS raises its allocation of domestic equities by 5.9 percent

The National Pension Service (NPS), a major player in the domestic stock market, decided to raise its allocation in domestic equities by 5.9 percentage points this year.

2026.5.28

A screen in Hana Bank's trading room in central Seoul shows the Kospi closing at 7822.24 points on May 11, up 324.24 points, or 4.32 percent, from the previous day's trading session. [NEWS1]

Stock market mustn't be reduced to casino for speculators (KOR)

Rather than cheering ever-higher stock prices, policy makers should place far greater emphasis on managing risk.

2026.5.12

Stock market mustn't be reduced to casino for speculators

Rather than cheering ever-higher stock prices, policy makers should place far greater emphasis on managing risk.

2026.5.11

Korea Zinc Chairman Choi Yun-birm speaks during a session at the 2026 IEA Ministerial Meeting in France on Feb. 18. [YONHAP]

Korea Zinc labor union blasts NPS for withholding vote to reappoint corporate chair to board

Korea Zinc’s labor union criticized the state-run pension fund’s decision to withhold its vote on the corporate chairman’s reappointment as an internal board member, calling it a failure to safeguard a national strategic industry.

2026.3.22

The National Pension Service in Seodaemun District in western Seoul [NEWS1]

DP lawmakers aim at MBK in urge for NPS to 'sever ties with speculative investors'

With the National Pension Service poised to play a de facto casting vote at the upcoming annual shareholder meeting of Korea Zinc, Korean politicians are urging it to uphold its duty as a public fiduciary and safeguard corporate and labor interests.

2026.3.17

A visitor consults with an employee at the general consultation office at the National Pension Service’s Northern Seoul Regional Headquarters in Seoul on Jan. 9. [YONHAP]

National pension recipients likely to top 8 million this year

The number of recipients of the national pension program is likely to surpass 8 million this year, the National Pension Service said Monday, amid the country's rapidly aging population.

2026.3.2

The Seoul Metropolitan Police Agency in central Seoul [NEWS1]

Police investigate alleged theft of $4.8 million in cryptocurrency seized by National Tax Service

Police have launched an investigation into the alleged theft of cryptocurrency seized by the National Tax Service.

2026.2.28