Markets
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Markets
Mirae Asset launches world’s 1st passive target-date ETF
Mirae Asset Global Investments Co. is set to introduce the world’s first passive target-date exchange-traded fund (ETF) this month to attract r...
Mar 05, 2025 (Gmt+09:00)
2 Min read -
Markets
Celltrion to allot cash, stock dividend at once
South Korea’s biosimilar maker Celltrion Inc. on Friday announced a plan to allot cash and stock dividends simultaneously. The company will pay...
Dec 13, 2024 (Gmt+09:00)
1 Min read -
Markets
BOK to buy repos to counter martial law-driven market tantrum
South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or ...
Dec 04, 2024 (Gmt+09:00)
4 Min read -
Markets
Samsung Securities lowers Samsung Electro-Mechanics target price
South Korea's Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120) from 210,000 won. The securities ex...
Oct 30, 2024 (Gmt+09:00)
1 Min read -
Markets
Indian stock market gears up for leap: NSE CEO
India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small c...
Oct 29, 2024 (Gmt+09:00)
2 Min read -
Markets
Activist Palliser Pushes for Change at AI Chip Investor SK Square
Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pus...
Oct 16, 2024 (Gmt+09:00)
3 Min read -
Markets
LX Pantos founder’s son sells shares to LX International for $37 mn
The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomerat...
Sep 16, 2024 (Gmt+09:00)
2 Min read -
Markets
Korean treasury yields fall to lowest level in over 2 years
South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Apr...
Jul 30, 2024 (Gmt+09:00)
3 Min read -
Markets
Kolmar Holdings to cancel $14.4 mn worth of its shares
South Korea's Kolmar Holdings Co. , Kolmar Group's holding company, announced on Wednesday that it will implement a value-up program to enhance corpo...
Jun 26, 2024 (Gmt+09:00)
1 Min read -
Markets
Korea's bet on US assets up on bull stocks, EV incentives
South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital injec...
Jun 25, 2024 (Gmt+09:00)
2 Min read -
Markets
Korean retail investors’ US stockholdings at record high
South Korean individual investors’ US stockholdings swelled to a record $82.19 billion as of early June amid the US stock market rally, while t...
Jun 10, 2024 (Gmt+09:00)
2 Min read -
Markets
Korea to fine Credit Suisse, Nomura $40 mn on short sales
South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bill...
May 07, 2024 (Gmt+09:00)
3 Min read -
Markets
Samsung heiress sells $326 mn worth of Samsung Elec shares
Samsung Group heiress and Hotel Shilla Chief Executive Lee Boo-jin sold 441.2 billion won ($325.9 million) worth of Samsung Electronics Co. shares in...
Apr 09, 2024 (Gmt+09:00)
1 Min read -
Markets
HSBC faces criminal charges for naked shorting in Korea
South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8 ...
Mar 28, 2024 (Gmt+09:00)
2 Min read -
Markets
S.Korean securities downgrades GS E&C’s investment opinion
Hyundai Motor Securities downgraded its investment opinion on GS Engineering & Construction Corp. (GS E&C) from "Buy" to "Market Perform" on ...
Jan 19, 2024 (Gmt+09:00)
1 Min read -
Business & Politics
South Korea set to abolish financial investment gains tax: Yoon
South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual ...
Jan 02, 2024 (Gmt+09:00)
3 Min read -
Markets
Korean bond market squeezed by maturing debt, new issues
South Korea’s corporate bond market is saddled with a massive amount of debt due later this year and a surge in banks' new bond issues, amid he...
Oct 05, 2023 (Gmt+09:00)
3 Min read -
Markets
Korea markets melt as Fed officials foresee longer-than-expected high rates
South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers ...
Oct 04, 2023 (Gmt+09:00)
5 Min read -
Economy
South Korean exporters jittery as China's slowdown raises red flag
South Korea’s exporting companies are increasingly feeling the heat as its top export market China is sounding alarm bells over the world&rsquo...
Aug 30, 2023 (Gmt+09:00)
3 Min read -
Foreign exchange
Yen’s plunge spurs bargain-hunting in Korea; savings fastest in 6 years
The sliding yen is prompting South Koreans to go bargain-hunting for the Japanese currency in the wobbly financial market as yen-denominated deposits...
Jun 23, 2023 (Gmt+09:00)
2 Min read -
Markets
Japanese yen near 8-year low against S.Korean won
The Japanese yen is nearing its lowest level in eight years against the South Korean won, with their exchange rate hovering around the 9.00 level.It ...
Jun 14, 2023 (Gmt+09:00)
1 Min read -
Markets
S.Korean treasury yields top base rate on hawkish BOK
South Korea’s three-year treasury bond yield topped the base rate for the first time in two months, after the Bank of Korea (BOK) warned agains...
May 26, 2023 (Gmt+09:00)
1 Min read -
Markets
S.Korea's brokerages lower stock target prices for Shinsegae Int'l
South Korea's securities companies on Thursday lowered their target stock prices for retailer Shinsegae International given its sluggish first-quarte...
May 11, 2023 (Gmt+09:00)
2 Min read -
Markets
Korean won at 1-yr low vs yen; end of boon for exporters
The South Korean won has extended its losses against the yen, with the Japanese currency highly sought after as a safe haven asset in the wobbly fina...
Apr 07, 2023 (Gmt+09:00)
2 Min read -
Markets
Korean ETP market doubles amid increasing distrust of fund managers
South Korea’s exchange-traded product (ETP) market has doubled in four years as more investors preferred their own trades to discretionary inve...
Mar 20, 2023 (Gmt+09:00)
1 Min read -
Markets
Kim&Chang sets to enter Indonesia's legal market
Kim & Chang, South Korea's leading law firm, is poised to expand into Indonesia, joining the race among major legal firms seeking a foothold in S...
Feb 02, 2023 (Gmt+09:00)
1 Min read -
Markets
Korea Exchange, Uzbek Ministry of Finance sign agreement for cooperation
The Korea Exchange (KRX) has agreed to cooperate with the Ministry of Finance of Uzbekistan on the maintenance of the stock market IT system. The com...
Dec 13, 2022 (Gmt+09:00)
1 Min read -
Markets
Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax
South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the ...
Dec 12, 2022 (Gmt+09:00)
1 Min read -
Korean stock market
Korea to revise dividend policy to ease ‘Korea discount’ concerns
South Korea plans to revise its stock dividend policy as part of a broader financial market reform to help attract foreign investors and obtain MSCI&...
Nov 24, 2022 (Gmt+09:00)
3 Min read
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