KoreaTimes(175) - Markets, Finance, page 1

Entertainment
& Arts

Sports

World

SCMP
Asia

Video

Photos

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Finance

Markets

Sun, July 3, 2022 | 17:30

Falling copper prices increase concerns over recession

Concerns over a global recession are growing as the international copper price logged a steep fall of 12.8 percent in June. The price of copper on the London Metal Exchange (LME) ended at $8,240 per metric ton on the last day of June, down 12.8 percent from $9,450 earlier in the month. The price of the metal is at its lowest level since February 2021, renewing a 17-month low.

Anna J. Park | 2022-07-03 16:46

Financial regulator to take measures to ease volatility in stock markets

Financial authorities said Friday they will take a series of measures from next week to ease volatility in stock markets, as the nation's benchmark stock index sank to a 20-month low due to fears of an economic recession.

2022-07-01 20:03

Hole-in-one golf insurance policy exploited by fraudsters

Anna J. Park | 2022-06-30 08:36

Meeting with top financial regulator

Financial Supervisory Service (FSS) Governor Lee Bok-hyun, front row sixth from left, poses with CEOs of securities firms and asset management companies before a meeting held at Yeouido, Seoul, Tuesday. In his first meeting with the heads of the financial investment industry, Lee urged them to focus on risk management. Yonhap

Yoon Ja-young2022-06-28 16:50

Seoul stocks drop almost 3% on recession fears; Korean won at 13-year low

Korean stocks fell again, shedding almost 3 percent Wednesday as recession woes saw investors avoid risky assets amid hawkish monetary policies in major economies. The local currency also fell to its lowest point against the U.S. dollar in 13 years.

2022-06-22 16:43

Plunging stock market

An employee passes by a market index monitor in the dealing room of Hana Bank headquarters in Myeongdong, downtown Seoul, Wednesday. The main benchmark Kospi closed at 2,342.81 points, falling by 2.74 percent from the previous day, while the tech-heavy Kosdaq tumbled 4.03 percent ...

Yoon Ja-young | 2022-06-22 16:42

Outlook still mixed on Bitcoin recovery

With Bitcoin slumping to a 19-month low of $19,000 (24.5 million won) last week, the outlook for the world's most sought-after cryptocurrency is getting murkier amid escalating jitters in the global asset market. The recent crash of major cryptocurrencies - such as Bitcoin and Ethereum - made headlines here and abroad, as the scale of their downfalls was much worse than that ...

Lee Min-hyung | 2022-06-22 08:37

'Significant market rebound is likely by mid-September': analysts

Despite the KOSPI's slight recovery of a 0.75 percent increase on Tuesday, finishing at 2,408.93, the country's main benchmark index has been showing an obvious declining trend over the past year. Since the index reached its all-time high of 3,316.08 points during intraday trading in late June last year, it has dropped by nearly 30 percent in the past 12 months, hitting a 19-...

Anna J. Park | 2022-06-21 16:55

Number of bank branches in Korea lower than OECD average

The number of commercial bank branches in Korea turns out to be lower than the average in the OECD member countries. According to the Financial Services Commission (FSC) on Sunday, the number of commercial bank branches in Korea per 100,000 adults stood at 14.4 in 2020, which is lower than 18.3, the average number per 100,000 adults in the OECD member countries.

Anna J. Park | 2022-06-19 16:07

What's next for stock market after Fed's giant step?

With the U.S. Fed making a giant rate hike of 75 basis points, market analysts expect the Korean stock market to continue experiencing turbulence until signs of downward inflationary pressure are detectable. “The bottom line is that inflation needs to be tamed for the stock market to continue a relief rally,” Meritz Securities analyst Lee Seung-hoon said.

Lee Min-hyung | 2022-06-17 16:56

Survey shows most global CEOs expect recession

1 2 3 4 5 6 7 8 9 10

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.