South Korea has abandoned the capital gains tax plan, reducing it from 5 billion won to 1 billion won after facing a backlash from retail investors. Some lawmakers also warned that the plan would risk ...

Discover the kimchi premium, a price gap in Bitcoin on South Korean exchanges. Learn how capital controls impact this arbitrage opportunity for crypto investors.

The W2.55trn (US$2.15bn) IPO of Kakao Bank, South Korea’s largest digital-only lender, passed tough regulatory scrutiny and set a positive tone in a record year for the country’s IPO market. Kakao ...

The Korean IPO market had a dismal year in 2023 with a few high-profile issuers deciding early on not to take their deals forward, while many others either cut their fundraising targets or withdrew ...