Lates News

Affected by share price declines at companies such as Samsung Electronics and SK Hynix, South Korea's major pension fund, the National Pension Service (NPS), suffered losses of 182 trillion won, equivalent to about $137 billion. According to statistics from financial data provider FnGuide, as of October 15, the valuation of NPS's portfolio of holdings of 5% or more in 287 listed companies had fallen from 515.93 trillion won at the end of June to 333.53 trillion won. This is the fund's first quarterly decline since the fourth quarter of 2024; for NPS, which had recorded its highest-ever return in the first half of the year, this situation amounts to a dramatic reversal.