Crypto News and Market Analysis

Sharp, a subsidiary of Foxconn, plans to sell its Kui factory to Nitto Denko for approximately 20 billion yen, according to a report published on November 12. The factory produces color filters, a key component for LCD panels. The sale is part of Sharp's efforts to restructure its loss-making LCD pa

South Korea's Financial Services Commission announced governance reforms on the 12th targeting financial holding companies' executive compensation practices. The reforms prohibit paying hundreds of millions of KRW annually to retired chairmen serving as advisors without performance evaluations, and

South Korea's Democratic Party, the Financial Services Commission (FSC), and the Financial Supervisory Service (FSS) agreed on the 12th to reforms preventing financial holding company CEO self-reappointment by requiring CEO nomination committees be composed entirely of independent directors and stre

IBK Industrial Bank of Korea plans to sell 2.3 trillion won in non-performing loans by year-end as its delinquency rate climbed above 1% despite aggressive disposal efforts through Q3. The bank disposed of 2.4258 trillion won in NPLs through Q3 via sales and write-offs, yet its substandard loan bala

KB Securities and Kiwoom Securities corrected their Q3 earnings following the Fair Trade Commission's fines for bond auction collusion. KB Securities revised its Q3 net profit from 273 billion won to a 59.1 billion won loss after reflecting the full 332.2 billion won fine, while Kiwoom Securities re

Tokenized Money Market Funds (MMFs) use blockchain technology to issue and record MMF shares as digital tokens, with Korea's Financial Services Commission planning to tokenize institutional private MMFs by February 2027. Traditional MMFs invest in short-term instruments like government bonds, commer

Sinyi Global Assets, the commercial property arm of Sinyi (9940-TW), reported that listed company commercial real estate transactions in the first three quarters of 2026 more than doubled compared to the same period in 2025, with industrial factories and land accounting for the majority of deals. Th