Lee Jae Myung Floats Possible Sugar Tax, Sparking Health vs. Inflation Debate President Lee Jae Myung on Tuesday raised the possibility of introducing a “sugar levy,” often called a sugar tax, to curb sugar consumption, prompting competing arguments over public health benefits and concerns about higher prices. Lee shared an article on X, formerly Twitter, titled “A sweet addiction stronger than drugs; 80% support introducing a sugar tax,” and asked for public input. “Like tobacco, what about curbing sugar use with a sugar levy and reinvesting the revenue to strength January 28, 2026

KOSPI's bull run pushes South Korea to world's 10th-largest stock market SEOUL, January 28 (AJP) - South Korea's benchmark KOSPI continued its bull run, closing at 5,170.81, while the junior KOSDAQ also finished above the 1,100 level at 1,133.52. The weeks-long rally that began at the start of the new year has lifted South Korea's stock market to a valuation of $3.25 trillion, surpassing Germany's $3.22 trillion and making it the world's 10th-largest stock market, just behind Taiwan, according to Bloomberg's compiled data. Wednesda January 28, 2026

KSD: 25 Listed Companies Changed Par Value Last Year, Down 12 From Prior Year The Korea Securities Depository said on Tuesday that 25 listed companies, including Young Poong Co., changed their shares’ par value last year, down 12 from the previous year. By market, five companies on the Korea Exchange’s main board and 20 on the Kosdaq carried out par value changes, down two and 10, respectively. Par value changes include stock splits and reverse stock splits. By type, 13 companies conducted stock splits, often aimed at improving trading liquidity, while 12 carried January 28, 2026

South Korea’s Kospi Closes at Record 5,170.81; Kosdaq Jumps 4.7% South Korea’s Kospi, which has held above the 5,000 mark, set another record high on Tuesday, extending gains from the previous session. The Kosdaq surged more than 4% to finish above 1,130. According to the Korea Exchange, the Kospi rose 85.96 points, or 1.69%, to close at 5,170.81. It opened up 60.54 points, or 1.19%, at 5,145.39 and climbed further on buying by foreign and institutional investors. In the main market, foreigners bought a net 574.2 billion won and institutions bought a January 28, 2026

South Korea Expands Youth Internships, but Participants Say Impact Is Limited South Korea’s “youth intern” program at public institutions, introduced to give young people work experience and serve as a bridge to full-time jobs, is drawing criticism that it is not delivering meaningful employment benefits in practice. The Ministry of Finance and Economy said Wednesday the government plans to expand youth intern hiring this year to 24,000, up 3,000 from last year. Deputy Prime Minister and Finance Minister Koo Yun-cheol said the government will “actively support” youn January 28, 2026

Hanwha Life Sells $25 Million in Performance-Based Retirement Annuities in 6 Months Hanwha Life said Tuesday that sales of three performance-based retirement pension insurance products reached about 25 billion won in the six months since their launch. As of the end of December 2025, that marks a 397% increase from the 6.3 billion won in assets under management across five existing performance-based insurance funds, the company said. Hanwha Life attributed the growth to product designs that reflect major pension funds’ asset-allocation strategies and to investor confidence January 28, 2026

South Korea to Launch Public Growth Fund in June, Begins Design Talks South Korea’s Public Participation Growth Fund is expected to be launched and sold around June. The Financial Services Commission said it held its first task force meeting on Tuesday to discuss the fund’s product structure and management plan. The policy fund is designed to let ordinary investors make long-term investments in advanced strategic industries through a publicly offered fund. The public fund will spread money across multiple sub-funds managed by private investment professiona January 28, 2026

South Korea rejects Lotte Insurance turnaround plan, moves toward stricter corrective action South Korea’s financial regulators plan to step up prompt corrective action against Lotte Insurance to a management improvement demand after rejecting the insurer’s turnaround plan. The Financial Services Commission said it disapproved Lotte Insurance’s management improvement plan, submitted on Jan. 2, at a regular meeting on Tuesday. The FSC said the plan lacked specificity, feasibility and supporting grounds. After a prior-notice process, the company’s current management improvement January 28, 2026

Korean stocks remain turbo-charged, local won returns to year-end level SEOUL, January 28 (AJP) - Korean markets are on a roll, refreshing new heights, with traction added by overnight news from Washington hinting at room for compromise before it moves to slap higher tariffs on Korean exports. As of 10:30 a.m. Seoul time, the benchmark KOSPI jumped 1.6 percent to 5,165.03, extending its advance into uncharted territory. The KOSPI 200 climbed 1.6 percent to 757.5, while the tech-heavy KOSDAQ surged 3.2 percent to 1,116.7, marking another strong push towa January 28, 2026

KOSPI, unfazed by Trump's antics, closes above 5,000 points SEOUL, January 27 (AJP) - South Korea's benchmark KOSPI closed above 5,000 points on Tuesday, despite U.S. President Donald Trump's sudden threat to raise tariffs again. The index closed at 5,084.85, up 2.73 percent from the previous session, and the junior KOSDAQ also rose 1.71 percent to 1,082.59 after reaching a milestone of 1,000 points the previous day for the first time in about four years. Shares of Samsung Electronics rose 4.87 percent to 159,500 won, while SK hyn January 27, 2026