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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Markets

Thu, February 2, 2023 | 06:45

Private equity firms expect high returns from low-cost airlines

Private equity firms expect high returns from low-cost airlines

Private equity firms (PEFs) opted to invest huge sums of money into low-cost carrier (LCC) businesses amid the worst hardships stemming from the pandemic. Now that international travel numbers are again soaring, the PEFs are eyeing a successful exit from their LCC stakes in the coming years.

Anna J. Park | 2023-02-01 17:12

Chip, robot ETFs most profitable in January

Chip, robot ETFs most profitable in January

Exchange-traded funds (ETFs) on chips and robots turned out to have generated the largest returns in January in hopes of a gradual recovery in the global semiconductor market. According to data from the Korea Exchange, TIGER U.S. Philadelphia Semiconductor Leverage ETF topped the list of most profitable ETFs listed here. The ETF generated returns of 30.03 percent between Jan....

Lee Min-hyung | 2023-02-01 08:43

Korea Exchange to toughen rules against unfair traders

Korea Exchange to toughen rules against unfair traders

The Korea Exchange has pledged to root out any illegal and unfair trading practices by blocking violators' access to the local financial investment market for up to a decade, Sohn Byung-doo, head of the exchange, said Tuesday. “We will thoroughly eradicate unfair trading practices by toughening rules against those caught for doing such acts,” Sohn told reporters during a pres...

Lee Min-hyung | 2023-01-31 14:20

Financial regulator vows to make local markets friendlier to foreign investors

Financial regulator vows to make local markets friendlier to foreign investors

South Korea's financial regulator said Monday it will beef up efforts to revamp the country's capital market regulations in a way that helps them live up to "global standards" and enhances the protection of shareholders in local equity markets.

2023-01-30 20:02

BOK to sell $8.96 bil. worth of monetary stabilization bonds in Feb.

BOK to sell $8.96 bil. worth of monetary stabilization bonds in Feb.

Korea's central bank said Monday it will sell 11 trillion won ($8.96 billion) worth of monetary stabilization bonds (MSBs) in February.

2023-01-30 17:51

Stock-leveraged investments rise again amid bullish KOSPI

Stock-leveraged investments rise again amid bullish KOSPI

Leveraged investments in the local stock market are on the rise again in tandem with the recent bullish market sentiment here, data showed Monday. According to data from the Korea Financial Investment Association, the outstanding credit transaction loan amount in the benchmark KOSPI and secondary Kosdaq reached 16.11 trillion won ($13 billion) as of Jan. 26. This is a slight ...

Lee Min-hyung | 2023-01-30 16:44

Bank labor union to sue management over normalized operating hours

Bank labor union to sue management over normalized operating hours

A financial union has warned it will take legal action against banks' decision to normalize their operating hours on Monday, the first day of the lifting of most indoor mask rules here. According to the Korea Financial Industry Union (KFIU), the banks' decision goes against an agreement between labor and management. The union said it will file a lawsuit against the banks soon.

Lee Min-hyung | 2023-01-30 16:43

Slowed Fed rate hike, China's reopening to boost KOSPI

Slowed Fed rate hike, China's reopening to boost KOSPI

The benchmark KOSPI will continue its momentum for a rally and attain the 2,500-point mark this week on additional foreign capital inflow, which is being driven by hopes of the U.S. Fed slowing down its rate hike pace during its upcoming rate-setting meeting, analysts said.

Lee Min-hyung | 2023-01-29 17:00

Seoul stocks up for 5th day on tech rally

Seoul stocks up for 5th day on tech rally

Seoul stocks extended their winning streak to a fifth day Friday, as foreign and institutional investors scooped up major tech shares. The Korean won fell against the U.S. dollar.

2023-01-27 19:15

Seoul stocks up for 4th day on foreign buying

Seoul stocks up for 4th day on foreign buying

Seoul stocks surged over 1 percent Thursday, as foreign investors scooped up market heavyweights in the run-up to the corporate earnings season. The Korean won advanced against the U.S. dollar.

2023-01-26 16:49

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