AI Pick

  • South Korea to Allow Single-Stock Leveraged ETFs, With Listings Expected in May South Korea will introduce high-risk exchange-traded funds that concentrate on a single stock, expanding investor choice by easing product-structure limits that were tighter than in overseas markets. Regulators said investor-protection measures will be strengthened at the same time. The Financial Services Commission said April 21 that the Cabinet approved an amendment to the Enforcement Decree of the Financial Investment Services and Capital Markets Act allowing single-stock leveraged April 21, 2026
  • Qoo10 Founder Gu Young-bae Denies Fraud Charges in Tmon-Wemakeprice Settlement Case Executives at Qoo10 Group, including founder Gu Young-bae, denied fraud allegations in court after prosecutors filed additional charges tied to the Tmon-Wemakeprice unpaid settlement crisis. The criminal trial over responsibility for the large-scale nonpayment is now moving into a fuller phase. The Seoul Central District Court’s Criminal Division 24, led by Judge Lee Young-seon, held a hearing on 21 for Gu and seven others, including Ryu Gwang-jin of Tmon and Ryu Hwa-hyeon of Wemakeprice April 21, 2026
  • Kolon Industries to Showcase Sustainable Engineering Plastics at Chinaplas 2026 Kolon Industries is showcasing sustainable materials solutions at Asia’s largest chemical industry exhibition. The company said April 21 it is taking part in Chinaplas 2026, being held in Shanghai through April 24. Chinaplas draws about 4,000 companies worldwide and is considered one of the three major global chemical industry exhibitions, along with the U.S. NPE and Germany’s K-SHOW. Under the theme “e-Mobility & Sustainability,” Kolon Industries is exhibiting automotive engineer April 21, 2026
  • Incheon Mayor Yoo Jung-bok Rejects Lawmaker’s Criticism Over Incheon KTX Delays Incheon Mayor Yoo Jung-bok on April 21 pushed back against criticism from Rep. Park Chan-dae over delays to the Incheon KTX project. After Park raised the delay issue in a morning post on social media, Yoo responded in his own post following an inspection at Songdo Station. The Incheon KTX project is being pursued with a target opening in December 2026, and overall progress — including expansion work at Songdo Station — stands at about 71%. Yoo wrote that he had held back from talking a April 21, 2026
  • Democratic Primary Candidate Kim Han-jeong Urges End to Negative Attacks, Seeks Meeting With Choi Hyeon-deok Kim Han-jeong, a preliminary candidate in the Democratic Party’s Namyangju mayoral primary, on April 21 proposed an urgent meeting with rival preliminary candidate Choi Hyeon-deok, calling for a “one-team” primary. Speaking at an emergency news conference at his campaign office, Kim said the primary should not be a contest over “who attacks more harshly,” but a choice of “who can change Namyangju.” He said candidates should face citizens and party members with mutual respect and a contes April 21, 2026
  • Law Firm YK Signs MOU With Korea Senior Vision Federation to Expand Legal Aid for Seniors and Youth Large law firm YK and the Korea Senior Vision Federation have signed a partnership agreement aimed at expanding structured public-interest legal support for seniors and youth, moving beyond one-off free consultations. According to the legal community on the 21st, the memorandum of understanding ceremony was held at YK’s main office in Seoul’s Gangnam district. Attending for YK were managing partner Kang Gyeong-hun, Kwon Soon-il, a former Supreme Court justice, and attorneys Kim Ji-hoon an April 21, 2026
  • Singer-Actor Nana Confronts Robbery Suspect in Court, Says She Acted in Self-Defense Singer and actor Nana confronted the defendant in a robbery-and-injury case for the first time in court and showed anger. On 21, the Namyangju branch of the Uijeongbu District Court’s 1st Criminal Division, presided over by Chief Judge Kim Guk-sik, held the third trial of a man identified as A, who has been indicted in custody on charges of robbery and injury. Nana appeared as a witness. As she entered the courtroom, she addressed A, saying, “Is this fun?” She continued, “Is it April 21, 2026
  • Credit Finance Association Starts Search for Next Chair as Candidate Field Shifts The Credit Finance Association has begun the process of selecting its next chair, seven months after the term of Chair Jeong Wan-gyu ended, prompting a reshuffling of potential candidates. With profitability squeezed by merchant fee regulations and pressure to expand new businesses, the card industry says it needs a leader who understands the sector and can communicate effectively with regulators. According to the financial sector on the 21st, the association plans to hold a meeting later April 21, 2026
  • Seoul mayoral rivals build campaign teams ahead of June 3 local elections With both major parties having chosen their final candidates for Seoul mayor ahead of the June 3 local elections, attention is turning to the campaign committees expected to drive the race. Democratic Party candidate Jung Won-oh, selected earlier as the party’s nominee, has moved quickly to assemble a large committee heavy with sitting lawmakers and has begun public campaigning. People Power Party candidate Oh Se-hoon has said he will also move fast to build his team. Jung on Monday visi April 21, 2026
  • South Korea to Start High Fuel Price Relief Payments April 27; Interior Ministry Checks Local Readiness The Ministry of the Interior and Safety said April 21 that it inspected payment preparations by cities, counties and districts nationwide ahead of the start of high fuel price relief payments on April 27 and urged smooth execution. The program will provide 100,000 to 250,000 won per person to the bottom 70% by income. Vulnerable groups can receive up to 600,000 won. The ministry held a meeting chaired by Vice Minister Kim Min-jae with deputy heads of 226 local governments to review the fu April 21, 2026