Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Wall Street Rebounds as Investors Eye Tariff Uncertainty, Jobs Report 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Tech Stocks Rally in Asia-Pacific as Dollar Remains Resilient 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
U.S. Condemns China's Dominance in Global Shipbuilding and Maritime Sectors 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
Insignia Financial Shares Hit 3-Year High Amid Bain and CC Capital Bidding War 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
S&P 500 Surges Ahead of Trump Inauguration as Markets Rally 
Bitcoin Hits $100K Milestone Amid Optimism Over Trump Policies 
Internet-only bank Kakao Bank Corp. capped its stock market debut at 69,800 won to emerge as South Korea's most valuable financial firm with a market capitalization of 33.2 trillion won.
After opening at 53,700 won, shares of Kakao Bank soared to a daily allowable limit of 29.98 percent.
The market capitalization of former number one KB Financial Group stood at 21.7 trillion won, trailed by Shinhan Financial Group at 20 trillion won and Hana Financial Group at 13 trillion won.
During its subscription period on July 26 to 27, deposits for Kakao Bank's stock offering were unexpectedly smaller at 58.3 trillion won, with an average subscription rate of 182.7:1.
The lower-than-estimated deposit was due to the ban on subscriptions to multiple brokerage houses.
The controversy surrounding the IPO price overvaluation also made investors hesitant on Kakao Bank's first trading day.
Last year, Kakao Bank posted an operating income of 804.2 billion won and a net profit of 113.6 billion won.
Kakao Bank is popular among mobile-savvy customers due to its around-the-clock service and convenience.
