SEOUL, Dec. 8 (Korea Bizwire) — Shares of South Korea’s two largest memory chipmakers rose sharply on Monday amid mounting expectations for robust fourth-quarter earnings, reflecting renewed investor confidence in the artificial intelligence–driven semiconductor cycle. SK hynix closed 6.07 percent higher at 577,000 won on the Korea Exchange, recovering the 570,000-won level for the first time [...]
SEOUL, Dec. 7 (Korea Bizwire) — Seoul’s apartment market has slipped into a sharp slowdown following the government’s October 15 real estate policy, with transaction volume dropping steeply and demand in key Han River districts all but evaporating, government data show. According to the Ministry of Land, Infrastructure and Transport’s real transaction system, there were 2,372 [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korea’s household wealth gap widened last year, driven largely by sharp gains in real estate values, according to a nationwide financial welfare survey released on Thursday by the Bank of Korea, the National Data Policy Office, and the Financial Supervisory Service. As of March 2025, the average household’s net [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s stock market has endured a stretch of whiplash in recent weeks, but low-volatility and high-dividend investment products have emerged as rare winners amid the turbulence. According to data released Wednesday by the Korea Exchange, the TIGER Low Volatility ETF rose 7.1 percent from Nov. 3 to Dec. [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korea’s average household income rose for the ninth consecutive quarter in the third quarter of this year, partly driven by a sharp increase in transfer income, government data showed Thursday. The average monthly income of households came to 5.44 million won (US$3,699) in the July-September period, up 3.5 [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korean companies can now trade carbon emissions permits through securities firms, in a shift designed to make the market more accessible and liquid, the Ministry of Climate, Energy and Environment said Sunday. The change, effective Monday, allows firms to open brokerage accounts and trade emissions rights using the same [...]
SEOUL, Nov. 20 (Korea Bizwire) – South Korean retail investors have been scooping up gold exchange-traded funds (ETFs) this month, data showed Thursday, as they searched for safer assets amid a volatile stock market. Individual investors purchased a net 5.4 trillion won (US$3.7 billion) of ACE KRX Gold Spot ETFs from Nov. 3 until Wednesday, [...]
SEOUL, Nov. 17 (Korea Bizwire) — Natural gas prices have surged to their highest level in nearly three years, lifting related exchange-traded notes (ETNs) while exposing South Korean retail investors to mounting losses after many bet on the market moving in the opposite direction. Between Nov. 1 and 14, nine of the ten best-performing ETNs in [...]
SEOUL, Nov. 16 (Korea Bizwire) – South Korean individual investors’ net purchases of overseas stocks reached a new high for a half-month period in November, driven by their aggressive investment patterns, officials said Sunday. Local investors bought a net US$3.63 billion worth of foreign stocks in the first 14 days of this month, more than [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s National Pension Service (NPS) plans a sweeping overhaul of its emergency loan program for seniors, known as the Silver Loan, aiming to improve convenience and ensure that aid reaches those most in need. According to a briefing the NPS submitted to the National Assembly’s audit at the [...]