Skip to content
Edition of Saturday, 7 November 2026English edition
EN FR
The Geopolitician

Country risk, from the local press

South Korea · Country watch

Mirae Asset Data Breach, Persimmon Exports to China

Mirae Asset Securities faces a major data breach; South Korea resumes persimmon exports to China after 17 years.

· · 5 articles read

The picture Mixed How this is judged →

Business conditions in South Korea are mixed. The Mirae Asset data breach poses risks for financial clients, while resuming persimmon exports to China opens new trade opportunities. Stricter industrial safety measures may increase costs for manufacturers.

Flare-up watch: Calm (−0.6) · How this is judged → · All South Korea briefings →

In this briefing Kim Young-hoon · South Korea · Mirae Asset Securities · Korea Trade Insurance Corporation · Lee Jae Myung · China

Regulation

  • Manufacturing
  • Construction

Labor Minister demands stricter industrial safety measures

a city with cranes
NK Lee / Unsplash

Labor Minister Kim Young-hoon has called for stricter enforcement of safety measures in industries with recurring serious accidents. During an emergency teleconference with senior labor officials, Kim emphasized the need for companies to take greater responsibility for workplace safety. He outlined measures to enhance safety governance and enforce accident prevention protocols, as reported by The Korea Herald.

Impact Manufacturing and construction firms must comply with stricter safety regulations, potentially increasing operational costs.

Sources: The Korea Herald ↗, Korea.net ↗

Disruption

  • Finance
  • Technology

Mirae Asset Securities suffers major data breach

Mirae Asset Securities Co. announced a significant data breach affecting approximately 39,000 individuals, including customers and employees. The breach involved the unauthorized access to account numbers of 3,800 customers and personal information of over 35,000 current and former employees, as well as contractors. The breach occurred through cyberattacks targeting the company's mobile web phone authentication login service and internal systems on Wednesday and Thursday, according to Korea.net.

Impact Investors and clients of Mirae Asset Securities face potential risks from leaked personal and financial data.

Sources: Korea.net ↗, The Korea Herald ↗

Companies

  • Manufacturing
  • Technology

Korea Trade Insurance selects 21 firms for export program

Korea Trade Insurance Corporation has selected 21 small and medium-sized enterprises for its 'Export Growth Planet' program, aimed at nurturing them into global export companies. The program offers customized support to help these firms expand their international presence, Yonhap News Agency reports.

Impact Selected SMEs in manufacturing and technology sectors receive support to enhance their export capabilities.

Sources: Yonhap News Agency ↗

Trade

  • Agriculture

Korea resumes persimmon exports to China after 17 years

South Korea has resumed persimmon exports to China for the first time in 17 years, as announced by President Lee Jae Myung. The decision follows prolonged negotiations aimed at opening new export markets for South Korean agricultural products. President Lee, writing on social media platform X, emphasized the importance of expanding export markets beyond Southeast Asia to boost the agricultural industry, The Korea Herald reports.

Impact South Korean persimmon exporters gain access to the Chinese market, potentially increasing agricultural export revenues.

Sources: The Korea Herald ↗

Nothing significant reported today in Internal tension · Safety & health · Markets · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

All South Korea briefings →

The same day elsewhere