14+ hour, 43+ min ago   (446+ words) The National Pension Service said it appointed former Teachers’ Pension investment management chief Lee Kyu-hong as its new **CIO** to oversee $1.35 trillion in national retirement assets. The new CIO, who posted three straight years of double-digit **fund management returns** at…...

13+ hour, 3+ min ago   (145+ words) The U.K.'s Financial Conduct Authority is considering removing tokenized gold from existing fund regulations. If it is excluded, tokenized gold could instead be placed under a separate regulatory framework. The Financial Times reported on September 14 that the FCA plans to…...

17+ hour, 37+ min ago   (400+ words) Lee, the chairman nominee, said he would sustain growth without becoming complacent as the leader by **embedding artificial intelligence technology** and strengthening **competitiveness in capital markets**. He said changes in financial markets, including **AI, digitalization, money moving into stocks, and…...

18+ hour, 39+ min ago   (302+ words) Issuance of sovereign debt excluding foreign exchange stabilization bonds, including 222.8 trillion won ($161.4 billion) of Treasury bonds and 15.3 trillion won ($11.1 billion) of national housing bonds, is set at 238.1 trillion won ($172.5 billion). That is down 1.7 trillion won ($1.2 billion) from 239.8 trillion won ($173.7 billion)…...

19+ hour, 8+ min ago   (1034+ words) The US Treasury recently received offers to sell back $10.489 billion of Treasuries, but purchased only $5.187 billion. It could have bought as much as $6 billion, but did not use the full limit. The amount offered for sale was nearly double the…...

19+ hour, 3+ min ago   (360+ words) Korea Exchange has introduced an **after-market (night session)** that allows real-time trading from 4 p.m. to 8 p.m., marking a new turning point for South Korea's stock market. The longer trading session is heightening concern that **liquidity** will be spread more thinly and that…...

20+ hour, 17+ min ago   (229+ words) The odds of another Federal Reserve interest-rate increase have risen sharply, drawing criticism that any move this month would be aimed more at appeasing financial markets than responding to inflation. Goldman Sachs revised its forecast and now expects the Fed…...

1+ day, 4+ hour ago   (156+ words) Samsung Securities is expanding cooperation with U.S. financial group BNY in new business areas including digital assets and artificial intelligence. Samsung Securities signed a memorandum of understanding with BNY at the company's New York headquarters on September 10 to cooperate on global…...

1+ day, 13+ hour ago   (214+ words) Lee Hyoung-il, South Korea’s nominee for deputy prime minister and finance minister, said detailed tax guidelines for virtual assets will be announced before year-end ahead of the planned Jan. 1 implementation of crypto taxation. The Kyunghyang Shinmun reported on Sept. 13 that,…...

3+ day, 18+ hour ago   (232+ words) Geopolitical instability in the Middle East is pushing up global oil and commodity prices, bringing the possibility of another Federal Reserve rate increase back into focus, according to a report from IBK Investment & Securities. In a Sept. 11 report, IBK Investment…...