Gate Cryptocurrency News and Market Analysis

Foreign investors face significant challenges with South Korea's proposed T+1 settlement system transition, according to data submitted to National Assembly member Seo Il-jun's office by Korea Exchange on the 4th. The data reveals 47.2% of foreign investor institutional settlement approvals occur

NH Investment & Securities researcher Ha Jae-seok recommended cash flow-focused exchange-traded funds (ETFs) as an alternative to S&P500 index investing amid rising concerns over artificial intelligence investment burdens and interest rate increases in the US market. The recommendation addresses inv

Seven South Korean financial institutions including KB Kookmin Bank, Shinhan Bank, Hana Bank, and Busan Bank suffered cyberattacks that scraped customer data through web pages and servers rather than directly extracting databases, according to statements made at an emergency meeting on the 4th.

High-net-worth investors in South Korea with financial assets of 500 million KRW or more executed significant portfolio rebalancing in their overseas stock holdings during Q3, according to data compiled by Samsung Securities, Mirae Asset Securities, and Korea Investment Securities. The investors

The Group of Seven agreed on Oct. 2 to release 100 million barrels of stockpiled diesel, crude oil, and other fuels over four months through the International Energy Agency, with the first 20 days prioritizing large diesel releases. The agreement followed U.S. threats to halt diesel exports to

The Federal Reserve will release the minutes of its September Federal Open Market Committee meeting on Oct. 7 at 2 p.m. ET. The week of Oct. 5–9 also features key U.S. economic data releases including the September Services PMI, ISM Non-Manufacturing Index, ADP employment report, initial jobless

Ultra-high-net-worth investors in South Korea sold approximately 1.6 trillion won worth of Samsung Electronics and SK Hynix stocks during Q3, according to portfolio analysis from three major brokerages. The asset holders—defined as individuals with financial assets of 1 billion won or

Eurozone inflation hit 3.8% in September, marking a three-year high, while France's deepening fiscal crisis is driving euro weakness and complicating European Central Bank policy decisions for the week of October 5-9. The euro fell to 1.12545 against the dollar (week ending October 2), the lowest le

Iran reaffirmed on October 4 that the Strait of Hormuz will remain closed until the United States accepts seven conditions outlined in the Islamabad memorandum of understanding. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated the strait would not reopen until all conditions are met,

Apollo Global Management acquired a co-management stake in Atlantic Aviation from KKR on August 27 (local time), with Singapore sovereign wealth fund GIC co-investing, valuing the private jet ground services company near $10 billion. The deal reflects private equity targeting luxury services amid wi

Bitcoin traded above $85,000 as of 5:23 p.m. on October 4 in Korea, with the cryptocurrency priced at $85,132.47 according to CoinMarketCap data. The kimchi premium, measuring the price difference between Korean and global exchanges, stood at 0.70% at the same timestamp per Cryprice data. Ether

Korean stock exchanges delisted 36 companies from January to September for failing to meet listing maintenance requirements, an 89.5% increase from 19 delistings in the same prior-year period, according to Korea Exchange's disclosure system KIND. The surge occurred as financial authorities

Korean beauty and food stocks experienced sharp declines over the past month as rapid won appreciation raised concerns about weakening foreign consumer demand. Pharmaresearch, maker of Rejuran, closed at 306,000 won on October 2, down 26.09% from a month prior, while beauty device leader APR

Securities firms in South Korea saw their Integrated Management Account (IMA) products sell out rapidly, with NH Investment Securities' first short-term IMA raising 100 billion won in three days after launching sales last month 29th, while Korea Investment Securities' inaugural IMA attracted

KOSDAQ semiconductor materials, parts, and equipment stocks drove the index close to the 900 level over the past month, with the top 10 companies by market capitalization posting an average gain exceeding 30%. PSK Holdings recorded the highest increase at 55.13%, while Jusung Engineering, Eugene

KOSDAQ semiconductor materials, parts, and equipment stocks drove the index near the 900 level as top 10 stocks by market capitalization gained an average of over 30% in the past month. According to Korea Exchange data as of the 4th, some stocks exceeded or approached brokerage target prices

JKL Partners completed two major exits within six months this year, demonstrating strong capital recovery capabilities amid uncertain market conditions. In February, the firm sold laundry franchise company Cleantopia to Stick Investment for approximately 630 billion won, followed by signing a

Russia's Finance Ministry began paying government employee salaries in digital rubles this month, marking the first application of the central bank digital currency to internal payroll systems. The ministry announced on October 2 that payments went to employees who opted in, though it did not