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Tue, May 30, 2023 | 19:26
Korean firms urged to enhance shareholder value
Korean firms urged to enhance shareholder value
Despite increasing efforts by Korean companies to improve shareholder returns, any resulting outcomes have yet to reach the stock market. This stands in contrast to the Japanese bourse, where corporate initiatives to boost shareholder value have significantly contributed to its recent outstanding rally.
Lee Yeon-woo | 2023-05-30 15:51
Korea to lower tariffs on major agricultural imports amid inflation
Korea to lower tariffs on major agricultural imports amid inflation
Korea's finance ministry said Tuesday it has decided to apply tariff-rate quotas on eight major foodstuff imports to ease households' burden amid rising consumer prices.
2023-05-30 12:01
CFD rules tightened to boost trading transparency
CFD rules tightened to boost trading transparency
The government has overhauled regulations on trading of contracts of differences (CFDs), a highly leveraged derivative product tied to the purchase and sale price differences of equities. The move is aimed at strengthening requirements for trading to increase transparency and protect investors in order to prevent major stock price manipulation scams based on derivative tradin...
Anna J. Park | 2023-05-29 16:39
Foreign purchases of tech, auto stocks amount to over 16 trillion won this year
Foreign purchases of tech, auto stocks amount to over 16 trillion won this year
Foreign purchases of Korean tech and auto stocks have reached over 16 trillion won (US$12 billion) so far this year, according to the Korea Exchange on Monday.
2023-05-29 12:25
CEOs of securities companies visit UK, Republic of Ireland
CEOs of securities companies visit UK, Republic of Ireland
More than a dozen leaders of local securities firms embarked for the United Kingdom and the Republic of Ireland, Sunday, to inspect potential business opportunities and risk factors in real estate markets in the region.
Lee Min-hyung | 2023-05-28 15:39
Three indicted in massive stock manipulation case
Three indicted in massive stock manipulation case
Prosecutors on Friday indicted the head of an investment consulting firm and his two aides in a large-scale stock manipulation case that has rocked the local financial markets.
2023-05-26 19:49
Rise and fall of 'Battery Ajeossi,' hero of individual investors
Rise and fall of 'Battery Ajeossi,' hero of individual investors
Park Soon-hyeok, the former public relations director of Kumyang, who is better known as “Battery Ajeossi (uncle)” to the public, has suddenly announced the cessation of his public activities and disappeared from the media.
Lee Yeon-woo | 2023-05-25 17:09
Financial association to host ICSA annual conference in Seoul
Financial association to host ICSA annual conference in Seoul
The Korea Financial Investment Association (KOFIA) will host the annual conference of the International Council of Securities Associations (ICSA) in Seoul next month to discuss the latest issues in the global capital market.
Lee Min-hyung | 2023-05-25 14:45
Seoul shares close flat amid U.S. debt ceiling uncertainties
Seoul shares close flat amid U.S. debt ceiling uncertainties
The benchmark Korea Composite Stock Price Index (KOSPI) shed 0.10 points, or 0.0 percent, to close at 2,567.45. Trading volume was moderate at 1.06 billion shares worth 7.79 trillion won ($5.91 billion), with losers outpacing gainers 460 to 397.Institutions sold a net 185.5 billion won worth of shares, while retail and foreign investors bought a net 132.165 billion won and 94...
2023-05-24 21:23
Biz outlook edges up for June on hope for corporate earnings, domestic recovery
Biz outlook edges up for June on hope for corporate earnings, domestic recovery
Korea's business sentiment slightly improved for June amid expectations that earnings in key sectors and domestic demand may improve, a central bank poll showed Wednesday.
2023-05-24 10:03
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Top 10 Stories
1Korea eyes launch of 4th Nuri space rocket in 2025 Korea eyes launch of 4th Nuri space rocket in 2025
2Memorial Day 2023 Memorial Day 2023
3Korea's household debt-to-GDP ratio highest among 34 major economies Korea's household debt-to-GDP ratio highest among 34 major economies
4Japanese destroyer flies controversial flag as it arrives in Korea for joint drill Japanese destroyer flies controversial flag as it arrives in Korea for joint drill
5Seoul on alert over Pyongyang's imminent spy satellite launch Seoul on alert over Pyongyang's imminent spy satellite launch
6Vietnam emerges as major market for Korean chipmakers Vietnam emerges as major market for Korean chipmakers
7[ANALYSIS] China's ban on Micron tests Washington-Seoul alliance ANALYSISChina's ban on Micron tests Washington-Seoul alliance
8Korea's diplomacy put to test amid signs of thaw in US-China relations Korea's diplomacy put to test amid signs of thaw in US-China relations
9Top 20% of income earners fuel increase in Q1 consumption as pandemic ends Top 20% of income earners fuel increase in Q1 consumption as pandemic ends
10Local governments appeal to young generations through YouTube Local governments appeal to young generations through YouTube
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