Surge in Nominal Growth Rate Boosts South Korean Economy Amid Inflation Concerns Driven by a semiconductor boom, South Korea's nominal growth rate has surged unusually high, with positive effects expected to spread across the economy, including improved corporate performance, increased investment, higher tax revenue, and enhanced household income. However, there are concerns that rising incomes may lead to increased consumer spending, heightening demand-side inflation pressures and stimulating housing demand and household debt, which could exacerbate financial imbalances.The September 10, 2026

Financial Services Commission Chair Lee Eok-won Inspects PF Funding in Gyeonggi Province The financial authorities are enhancing funding for normal real estate project financing (PF) sites to expand housing supply. The Korea Housing Finance Corporation is increasing its public guarantees for PF, while closely managing financial challenges at 325 PF sites in the metropolitan area expected to start construction or be completed next year.On September 10, Financial Services Commission Chair Lee Eok-won visited the Pungmu District urban development project site in Gimpo, Gyeonggi Provinc September 10, 2026

Korean Financial Supervisory Service Chief Promotes K-Finance in London 이찬진 금융감독원장이 영국 런던에서 글로벌 금융회사들을 만나 K금융의 가치를 알렸다. 금융감독원 금융중심지지원센터는 서울시와 금융권 4개사와 함께 런던 소재 글로벌 금융회사를 대상으로 투자설명회(IR)를 개최했다고 10일 밝혔다. 이번 행사에는 7개 글로벌 대형 투자은행(IB)과 15개 자산운용사 등 총 22개사가 참석했다. 금감원은 기존 대규모 초청 방식 대신 글로벌 금융회사를 중심으로 소규모 라운드테이블 형태로 행사를 진행해 참석자 간 심도 있는 의견 교환에 초점을 맞췄다. 신한금융지주·우리금융지주&mid September 10, 2026

Korea's Financial Regulator Addresses Market Volatility in London 이찬진 금융감독원장이 영국 런던에서 글로벌 투자자들을 만나 한국 증시의 변동성과 이른바 ‘빚투’ 문제를 직접 설명했다. 외국인 투자자들의 한국 증시에 대한 관심이 이어지는 가운데 금융당국이 레버리지 투자 확대에 따른 시장 변동성을 관리하고 장기투자 기반을 마련하겠다는 입장을 밝혔다. 10일 금융감독원에 따르면 이 원장은 지난 8일 런던에서 열린 ‘INVEST K-FINANCE: LONDON IR 2026’에 참석해 골드만삭스와 모건스탠리 등 글로벌 투자은행(IB) 및 자산운용사 22곳의 고위급 관계자들과 한국 자본 September 10, 2026

Government to Monitor Prices of Key Holiday Items Ahead of Chuseok The National Data Agency is conducting daily surveys of prices for 36 essential items, including holiday foods and dining options, to support the government's measures for stabilizing living costs ahead of Chuseok. This initiative aims to monitor real-time price fluctuations and implement timely supply stabilization measures.On September 10, the agency announced that the daily price survey will take place from today until September 23.The survey will cover a total of 36 items, including key holi September 10, 2026

Supreme Court Confirms Suspended Sentence for Former Samyang Foods Chairman Jeon In-jang The Supreme Court has confirmed a suspended prison sentence for Jeon In-jang, the former chairman of Samyang Foods, who was accused of embezzling company funds through the issuance of false tax invoices via paper companies. This decision comes seven years after he was indicted.On September 10, the Supreme Court's second division, led by Justice Oh Kyung-mi, dismissed Jeon's appeal regarding charges of violating the Act on the Aggravated Punishment of Specific Crimes (issuing false tax invoices) September 10, 2026

Supreme Court Confirms Life Sentence for Kim Nok-wan, Leader of Vigilante Group Kim Nok-wan, the leader of the sexual violence group known as the 'vigilante group,' has had his life sentence confirmed by the Supreme Court.On September 10, the Supreme Court's second division, led by Justice Kwon Young-jun, upheld the life sentence originally imposed on Kim for violations of the Youth Protection Act, the Sexual Violence Punishment Act, the Child Welfare Act, forced molestation, and rape.The court also maintained the original ruling that includes a 30-year electronic monitorin September 10, 2026

Jang Dong-hyuk: Lee's Claim of Not Seeking Reelection Lacks Credibility Jang Dong-hyuk, the leader of the People Power Party, criticized President Lee Jae-myung on September 10, stating, "He has not actually said he will not seek reelection."During a Supreme Council meeting held at the National Assembly, Jang remarked, "(President Lee) only mentioned the part about his term being clearly limited by the constitution, omitting the latter part that would require a crafty constitutional amendment to run again."He added, "In the end, he is not saying, 'There will be no c September 10, 2026

SK Square Emerges as an 'AI Native' Investment Company SK Square is accelerating its transformation into an 'AI Native' investment company by applying artificial intelligence (AI) to its investment operations and portfolio business models. On September 10, SK Square announced that it is focusing all its efforts on innovating investment operations and portfolio business models through its newly established 'AI Innovation' organization. The company has introduced a 'sandbox strategy' that allows for the development and experimentation of AI in a free September 10, 2026

Local Councils Join Call for Transparency in National Medical School Selection Opposition to the selection of a candidate for a national medical school in the southwestern region of Jeonnam is spreading from local government leaders to city councils. On September 10, the nine city and county councils in the southwestern region issued a joint statement calling for the immediate withdrawal of the candidate recommendations for the establishment of a national medical school in the integrated city of Gwangju, urging the Ministry of Education to directly select the candidates. T September 10, 2026