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South Korea’s Dormant Financial Accounts Surge to 342 Million, Leaving Billions in Assets Unclaimed

South Korea’s Dormant Financial Accounts Surge to 342 Million, Leaving Billions in Assets Unclaimed

Photo=Motionelements South Korea’s growing pile of dormant financial accounts highlights a persistent challenge for banks and financial institutions: returning unclaimed money to customers while managing an expanding base of inactive accounts. For U.S. financial firms and investors watching Asian banking markets, the trend underscores the operational costs of customer disengagement and the importance of effective account-management and asset-recovery systems. The

Oct 20 2026
01:00 PM PST
South Korea’s Submarine Export Push Targets $2.3 Billion Argentina Deal as Global Naval Spending Rises

South Korea’s Submarine Export Push Targets $2.3 Billion Argentina Deal as Global Naval Spending Rises

Photo=HD Hyundai The global market for conventional submarines is creating new opportunities for defense contractors as governments seek to rebuild naval capabilities and diversify suppliers. South Korea’s push into Latin America could open a new front in competition with European shipbuilders, offering potential opportunities for U.S. defense investors and suppliers that track international naval procurement, technology partnerships and the expansion

Oct 20 2026
12:00 PM PST
South Korea’s Creator Economy Booms, but Top 10% of Firms Capture 76% of Revenue

South Korea’s Creator Economy Booms, but Top 10% of Firms Capture 76% of Revenue

Photo=Motionelements South Korea’s creator economy is maturing into a more concentrated business, with the top 10% of companies in the YouTube and digital media sector accounting for 76% of reported corporate revenue in 2025. For U.S. digital platforms, advertising buyers and investors watching the creator economy, the shift highlights both the commercial potential of professionalized content businesses and the widening

Oct 20 2026
11:00 AM PST
Tom Cruise Urges ‘Squid Game’ Star Yim Si-wan to Think Beyond Acting

Tom Cruise Urges ‘Squid Game’ Star Yim Si-wan to Think Beyond Acting

(Photo=Yim SiWang instagram) Tom Cruise offered a lesson in filmmaking to South Korean actor Yim Si-wan, encouraging the Netflix "Squid Game" star to pursue ambitions beyond acting and approach his career with the mindset of a director. The conversation brought together one of Hollywood's most established stars and an actor who gained international recognition through Netflix's global hit. Yim, who

Oct 20 2026
09:00 AM PST
Why South Korea Could Charge Millions More for Health Insurance While Refunding Others

Why South Korea Could Charge Millions More for Health Insurance While Refunding Others

(Photo=National Health Insurance Service) South Korea is preparing to collect nearly $2.4 billion in additional health insurance premiums from millions of households while returning another $1.3 billion to people who paid too much. The seemingly contradictory approach is part of an effort to make the country's universal health insurance system more closely reflect what people actually earn. Unlike the U.S.,

Oct 20 2026
08:00 AM PST