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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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Top 10 Stories
1Garbage collector mistakes sex doll for corpse Garbage collector mistakes sex doll for corpse
2Free subway rides for elderly emerge as headache for Seoul mayor Free subway rides for elderly emerge as headache for Seoul mayor
3Retailers return to Myeong-dong as more foreign tourists visit Retailers return to Myeong-dong as more foreign tourists visit
4Korea seeks measures to better protect foreign workers Korea seeks measures to better protect foreign workers
54 South Korean activists arrested for executing orders from Pyongyang4 South Korean activists arrested for executing orders from Pyongyang
6President pledges support for Korean chipmakers to overcome crisisPresident pledges support for Korean chipmakers to overcome crisis
7Korea's presidential couple celebrates recovery of Cambodian boy who received heart surgery Korea's presidential couple celebrates recovery of Cambodian boy who received heart surgery
8Income gap widening among workers Income gap widening among workers
9Space industry takes off in South Jeolla ProvinceSpace industry takes off in South Jeolla Province
10Saipanese people pin hopes on tourism boom again Saipanese people pin hopes on tourism boom again
DARKROOM
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    Happy New Year 2023

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    World Cup 2022 Final - Argentina vs France

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    World Cup 2022 France vs Morocco

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