Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

South Korea Extends Savings Bank Lending Ratio Relief Amid PF Cleanup

South Korean financial authorities extended regulatory relief on mandatory lending ratios for savings banks until the end of this year to support continued disposal of non-performing project financing (PF) assets. The Financial Supervisory Service (FSS) recently issued a non-action opinion letter ma
CryptoFrontier·07-05 23:52
South Korea Extends Savings Bank Lending Ratio Relief Amid PF Cleanup

Seoul Jeonse Deposit Gap Widens to 80M Won as Renewal Rates Climb

Seoul metropolitan area apartment jeonse deposit gaps between new contracts and renewals widened significantly from January to June, according to Zigbang analysis released on the 6th. The gap for 84㎡ units in Seoul expanded from 43.75 million won in January to 80 million won in June, nearly
CryptoFrontier·07-05 23:51
Seoul Jeonse Deposit Gap Widens to 80M Won as Renewal Rates Climb

Samsung Executives Sold Shares in June Amid Market Cap Battle with SK Hynix

Samsung Electronics executives sold shares worth approximately 1.94 billion won in June as the company's stock experienced volatility and briefly lost its top market capitalization position to SK Hynix. Four Samsung executives disposed of 5,600 common shares through on-market transactions during the
LucasBennett·07-05 23:46
Samsung Executives Sold Shares in June Amid Market Cap Battle with SK Hynix

South Korea Launches 24-Hour Forex Market with Deputy PM Koo's Visit

South Korea's Deputy Prime Minister and Minister of Finance and Economy Koo Yun-chul stated on the 6th that the launch of the 24-hour forex market is core infrastructure for achieving advanced-market accessibility and a starting point for the won's global leap. Koo made these remarks during a
LucasBennett·07-05 23:45
South Korea Launches 24-Hour Forex Market with Deputy PM Koo's Visit

USD-KRW Opens Higher at 1,527.60 Won on First 24-Hour Trading Day

The USD-KRW exchange rate opened slightly higher at 1,527.60 won on July 6, up 2.00 won from the previous session, during South Korea's first 24-hour foreign exchange trading session. As of 6:11 AM, the rate stood at 1,527.70 won, reflecting bargain buying sentiment after a decline of more than 25 w
LucasBennett·07-05 23:24
USD-KRW Opens Higher at 1,527.60 Won on First 24-Hour Trading Day

Homeplus Bankruptcy Termination to Benefit E-Mart and Lotte Shopping Stocks

Seoul Bankruptcy Court terminated Homeplus's corporate rehabilitation proceedings on the 6th after 1 year 4 months since March last year, significantly lowering the discount retailer's operational viability. The court cited Homeplus's failure to secure 200 billion won in operating funds, collapsed f
LucasBennett·07-05 23:24
Homeplus Bankruptcy Termination to Benefit E-Mart and Lotte Shopping Stocks