Seven opposition lawmakers are taking flak for giving up their votes in the National Assembly adopting a resolution calling on China to stop forcibly repatriating North Korean defectors.
Financial Supervisory Service (FSS) Governor Lee Bok-hyun has vowed to push for heavier punishment for illegal short selling practices conducted by some global investment banks in Korea. Lee said he finds it problematic that some foreign institutional investors routinely engage in naked short selling, despite knowing such practices are illegal.
Members of the International Council of Securities Associations (ICSA) stressed the dire need to alleviate post-pandemic global financial risks posed by escalating macroeconomic uncertainties here and abroad. A group of 300 members of the ICSA and Korea Financial Investment Association (KOFIA) discussed the agenda of breaking through the ongoing financial volatility on the sidelines of the 36th annual general meeting of the ICSA in Seoul, Tuesday.
Opposition leader Lee Jae-myung on Friday ordered an ethics inspection of fellow lawmaker Kim Nam-kuk over his suspected cryptocurrency transaction during parliamentary meetings, a.