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Pension fundsKorean pension funds on over 1-month Kospi selling streak
The National Pension Service and other South Korean pension funds have offloaded a net 9.9 trillion won ($8.9 billion) worth of ...
Feb 04, 2021 (Gmt+09:00)
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GM Korea to cut production; carmakers call for govt action
The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the gl...
Feb 04, 2021 (Gmt+09:00)
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Korean stock marketHyundai Heavy announces 5-for-1 share split, 2020 operating loss
Hyundai Heavy Industries Holdings Co. on Thursday announced a five-for-one share split after reporting an operating loss in 2020...
Feb 04, 2021 (Gmt+09:00)
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Alternative investmentsHana Alternative acquires US office building for $201 mn
South Korea’s Hana Alternative Assets Management Co. has acquired an office building in Charlotte, North Carolina, for $20...
Feb 04, 2021 (Gmt+09:00)
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K-popBig Hit, Naver to join with Universal Music to take K-pop platform global
Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal ...
Feb 04, 2021 (Gmt+09:00)
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Short sellingKorea to lift short-selling ban on large stocks; retail investors resist
South Korea’s financial regulator has decided to allow the short selling of large-cap stocks from May 3 despite opposition...
Feb 04, 2021 (Gmt+09:00)