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16:48Actors involved in past controversies return first via streaming service originals
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16:41Explore different Annlees, 'Make a Wish' at Buk-Seoul Museum of Art
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16:39Pupils to gather in Seoul, Tokyo to celebrate Janos Starker's 100th birthday in July
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16:21Korean builders nervous about possible setbacks in Middle East
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16:15‘Kim desperately wanted to denuclearize,’ Moon writes in memoirs
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16:10[KH Explains] Why Korea's so tough on short selling
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15:47Korea set to finalize action plan for medical school quota increases
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15:40HD Hyundai chair receives honorary doctorate from HUFS
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15:30SC Bank Korea offers special interest rate for new members
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15:26Hyundai-Kia marks 40 years of partnerships with over 100 suppliers: report
Economy
Why Korea's so tough on short selling
Since November, South Korea has intensified its crackdown on illegal short selling by institutional investors, uncovering widespread practices among global banks. In an interim results announcement earlier this month, the Financial Supervisory Service revealed that all nine banks investigated had engaged in illegal short selling totaling approximately 211.12 billion won ($155.8 million) in Korean stocks. With ongoing investigations into the remaining foreign five banks, this figure is expected t