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The Korea Times
Trends
- 1
Discussion is resurfacing over whether Donald Trump could hold another summit with North Korean leader Kim Jong Un. The two leaders met three times during Trump's first presidency, in Singapore, Hanoi and at the Korean border, but talks over denuclearisation collapsed without agreement. With Trump back in the White House, observers are debating whether direct diplomacy between Washington and Pyongyang might resume.
- 2South Korea-Ukraine relations sour over North Korean POW transfer●South Korea, Ukraine relations sour over North Korean POW transfer
Diplomatic tensions have emerged between South Korea and Ukraine over the handling of North Korean prisoners of war captured while fighting alongside Russian forces in Ukraine. The dispute centres on the transfer of these POWs, an issue sensitive for Seoul given its interest in North Korean soldiers and potential future defections. The rift threatens cooperation between the two countries at a time when the war continues to draw in foreign forces.
- 3South Korea tax windfall could exceed 50 trillion won●South Korea tax windfall could top 50tn won: Yonhap
South Korea is projected to collect a tax revenue windfall of more than 50 trillion won, according to a Yonhap report carried by the Taipei Times. The unexpected surplus would give the government significant extra fiscal room at a time when officials are weighing spending priorities and budget plans. Discussions are focusing on how the extra revenue might be used.
- 4Scammers impersonate financial chiefs to lure retail investors▼Scammers impersonate financial chiefs to lure retail investors online
Fraudsters are posing as senior financial officials and executives to trick retail investors online, according to a report by The Korea Times. The scammers reportedly use the credibility of well-known financial figures to persuade ordinary investors into handing over money through fraudulent schemes. The report highlights growing concern over impersonation scams targeting small investors on digital platforms.
- 5South Korea tax windfall may top 50 trillion won on chip boom▼South Korea tax windfall could top 50 trillion won on chip boom - Yonhap
South Korea could collect more than 50 trillion won in extra tax revenue thanks to a surge in semiconductor exports, according to a Yonhap report carried by Yahoo Finance UK. The chip boom is lifting corporate profits and, with them, government receipts. The figure would give Seoul additional fiscal room at a time of budget pressure.
- 6South Korea's Single-Stock Leveraged ETF Trading Plunges 92%▼South Korea's Single-Stock Leveraged ETF Trading Plunges 92% as Retail Investors Get Trapped in 'Negative Compounding' Quagmire
Trading in single-stock leveraged ETFs in South Korea has collapsed by 92%, with retail investors described as being trapped in a 'negative compounding' quagmire. The leveraged products, which amplify daily moves in individual stocks, are said to erode returns over time through compounding effects, leaving small traders with heavy losses and sharply reduced market activity in these instruments.