/biz/ - Business & Finance

>>57217130
>>57217098
Previous president is already out. It's just a free for all fight between a new nominee from the Greens vs. a coalition of pro-China parties (which failed to support a single candidate).

>>57216893
Langley boys already on top of Xi in the propaganda game.

>South Korea watchdog intensifies crackdown on China-linked notes. Probe highlights investing trends in South Korea, where an insufficient pension system and a penchant for risky trades have prompted speculative bets
>South Korea’s regulator will launch a wider probe into local banks and brokers that sold exotic notes linked to Chinese stocks amid concerns that the securities may saddle investors with heavy losses.

>Authorities will start investigating 12 institutions on Monday to determine if there was any wrongdoing over the sale of equity-linked securities that are tied to the Hang Seng China Enterprises Index, according to a statement from the Financial Supervisory Service. KB Kookmin Bank and Korea Investment & Securities are among the firms that will be probed, it added.
>About 15.4 trillion won (US$11.7 billion) worth of the equity-linked securities will mature this year as investors couldn’t meet the requirements for early redemption, the FSS said in the statement. Some of the notes were sold in 2021 when the HSCEI was above 12,000, whereas the gauge is now trading at less than half that level.