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Mon, September 25, 2023 | 02:39
Can Korean economy withstand impact of China's economic risks?
Can Korean economy withstand impact of China's economic risks?
China's deepening property crisis, coupled with growing fears of its economy heading toward deflation, is triggering concerns over spillover effects that could rattle the global economy and eventually affect the Korean economy.
Anna J. Park | 2023-08-19 11:26
  • CONTRIBUTIONChina risk and Korea's de-risking
Has Seoul's housing market bottomed out?
Has Seoul's housing market bottomed out?
Seoul's apartment prices are showing gradual signs of a rebound on reviving demand driven by an end to the Bank of Korea's (BOK's) rate hike cycle, data showed Thursday.
Lee Min-hyung | 2023-08-17 16:28
Insurers report surprising earnings on IFRS 17 adoption
Insurers report surprising earnings on IFRS 17 adoption
Insurers have chalked up surprisingly robust earnings in the first half of 2023 on their first introduction of the latest global insurance contract reporting standards.
Lee Min-hyung | 2023-08-16 16:45
[INTERVIEW] Can Seoul stamp out real estate speculation?
INTERVIEWCan Seoul stamp out real estate speculation?
For many Koreans, real estate represents more than a place to live. For decades, it has yielded remarkable returns for investors, fostering the belief that prices will continue to climb as long as others keep investing in property. By the end of 2021, real estate accounted for 64.4 percent of assets owned by Korean households.
Lee Yeon-woo | 2023-08-16 15:14
Oil refiners, shipbuilders, machinery draw investor attention amid rising oil prices
Oil refiners, shipbuilders, machinery draw investor attention amid rising oil prices
With global oil prices heading towards the $90 per barrel range, a nine-month high, local oil shares are showing bullish moves as well. According to the Korea Exchange (KRX) on Sunday, the price of S-Oil, one of Korea's top oil refinery businesses, has been on a continual rise since early July.
Anna J. Park | 2023-08-15 16:26
Insurance firms' coverage for natural disasters triples in 5 years
Insurance firms' coverage for natural disasters triples in 5 years
Local insurance companies are feeling the force of the climate crisis, with the industry increasingly paying out claims for coverage due to natural disasters.
Anna J. Park | 2023-08-14 16:55
Stocks included in MSCI extend falls
Stocks included in MSCI extend falls
EcoPro, JYP, Hanwha Ocean and Hanmi Semiconductor suffered sharp declines on Monday, returning part of their recent gains driven by earlier expectations over their much-awaited inclusion in the MSCI Korea Index.
Lee Min-hyung | 2023-08-14 16:20
50-year maturity mortgage loans gain popularity
50-year maturity mortgage loans gain popularity
Since major bankers newly launched 50-year maturity mortgage loans in July, balances for lenders' loan products have swelled quickly in just a month, raising concerns about the aggravated household debt situation in the country.
Anna J. Park | 2023-08-13 15:15
Seoul shares end lower on rate-hike woes; won at over 2-month low
Seoul shares end lower on rate-hike woes; won at over 2-month low
South Korean stocks closed lower Friday as uncertainties over further rate hikes emerged after data showing eased U.S. inflation was released. The local currency dipped to the lowest in over two months against the U.S. dollar.
2023-08-11 19:39
KFS forum introduces famed Korean American financiers to local investors in Seoul
KFS forum introduces famed Korean American financiers to local investors in Seoul
The Korea Finance Society (KFS) held its annual forum in Seoul on Thursday afternoon, providing a platform of networks between successful Korean American financial experts working in the U.S. and local institutional investors in Seoul.
Anna J. Park | 2023-08-10 16:37
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1Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation
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4Mirae Asset Global Investments' AUM reaches $219 bil. Mirae Asset Global Investments' AUM reaches $219 bil.
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7S. Korea to stage massive military parade as tensions with North remain highS. Korea to stage massive military parade as tensions with North remain high
8Patients, doctors at loggerheads as operating room CCTV footage made mandatoryPatients, doctors at loggerheads as operating room CCTV footage made mandatory
9CKD Kochon Foundation awards Ukraine health authorities for treating tuberculosis patients amid raging war CKD Kochon Foundation awards Ukraine health authorities for treating tuberculosis patients amid raging war
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