Watchdog chief urges securities firms to shore up shareholder value

The Korea Times - Sep 29, 2026

The chief of Korea's financial watchdog on Tuesday called on securities firms to shore up shareholder value and heighten risk management for rising interest rates. In a meeting with heads of 28 securities firms, Lee Chan-jin, governor of the Financial Supervisory Service (FSS), said local brokerage firms had racked up record profits amid a stock bull run. "Securities firms that benefited the most from the growth of the capital market should play a greater role in leading market reform, and work to boost shareholder value," Lee said. The FSS chief also called for better management of loans extended to investors as part of efforts to reduce market volatility. Lee, in addition, urged securities firms to better prepare for rising interest rates.

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Red ginseng gains attention for immune health amid flu surge

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AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies

Sep 29, 2026

AMD acquires ‘godmother of AI’ Li Fei-Fei’s start-up as battle with Nvidia intensifies

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‘We are sorry’: OpenAI apologises for Medicare hack

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Samsung Group to invest $1 bil. in AI infrastructure company Helix

Sep 29, 2026

Samsung Group to invest $1 bil. in AI infrastructure company Helix

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Korean Air faces maintenance capacity crunch from Asiana acquisition

Sep 28, 2026

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Sep 28, 2026

Korea's AI adoption rate over 40%, ranks 12th place globally: report

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KAI, POSCO International team up for aerospace cooperation in Mexico

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KAI, POSCO International team up for aerospace cooperation in Mexico

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LG Chem, Volkswagen partner on next-generation automotive materials

Sep 28, 2026

LG Chem, Volkswagen partner on next-generation automotive materials

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Samsung Biologics highlights faster drug manufacturing timelines at BPI Boston

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Almonty set to export refined tungsten from Sangdong mine

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Almonty set to export refined tungsten from Sangdong mine

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Kakao names Kim Do-young as co-chair of group control tower

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Kakao names Kim Do-young as co-chair of group control tower

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