Hanwha Solutions Apologizes for FSS Consultation Claim
Hanwha Solutions apologized for falsely claiming prior consultation with Financial Supervisory Service regarding 2.4 trillion won capital increase. FSS immediately denied any prior coordination and demanded explanation.
Korean insurers' capital-raising fell 88.5% in Q1 2026 to 542 billion won due to new K-ICS basic capital regulations and rising interest rates, prompting shift to coinsurance alternatives.
South Korean economic ministries announce daily schedules including emergency economic meetings, foreign exchange reserves announcement, and various ministerial activities for April 3, 2026.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.