Korea rolls out reshoring accounts to pull US stock funds home

Amid the South Korean won hitting a 17-year low, the country has introduced tax-incentivized reshoring accounts to lure offshore stock investments back into domestic equities, aiming to curb demand for overseas buying and reshape currency flows. Major securities firms rolled out Reshoring Investment Accounts on Monday, as part of the government’s initiative to encourage retail investors to scale back overseas investments, particularly in US equities, which have been identified as a key source of