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Cheap trades

June 04,2019
North Korean leader Kim Jong-un, second from left, attends a performance by soldiers on Sunday, the North Korean Central News Agency reported Monday. Kim Yong-chol, a senior official of the Workers’ Party who was suspected of having been purged from the inner circle, also attended. Kim Yong-chol is marked inside the white circle. [YONHAP]
A brokerage firm smartphone app notifies users that starting Monday, lowered tax rates are applied on all stock exchanges. The transaction rate imposed on Kospi stocks has been lowered from 0.15 percent to 0.1 percent, while the rate imposed on Kosdaq stocks has dropped from 0.3 percent to 0.25 percent. The government hopes to encourage more retail investors to participate in the stock market through the lowered taxes. [YONHAP]