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Over One-third of S. Koreans Paid Subscribers to OTT Platforms Last Year

Over One-third of S. Koreans Paid Subscribers to OTT Platforms Last Year

SEOUL, Jan. 20 (Korea Bizwire) — Over 34 percent of South Koreans were paid subscribers to over-the-top (OTT) media, or video streaming services, a survey showed Thursday. Paid subscribers to OTTs stood at 34.8 percent last year, up 20.4 percentage points from the previous year, according to a survey of 6,834 people over the age [...]

S. Korean Investors’ Holdings of Foreign Securities Hit New High in 2021

S. Korean Investors’ Holdings of Foreign Securities Hit New High in 2021

SEOUL, Jan. 20 (Korea Bizwire) — South Korean investors’ holdings of foreign securities touched a new all-time high in 2021 on an overseas investment boom, data showed Thursday. Local investors had held overseas stocks and bonds worth US$100.59 billion as of end-2021, up 39.3 percent from a year earlier, according to the data from the [...]

Foreign Purchases of Korean Securities at 12-yr High in 2021

Foreign Purchases of Korean Securities at 12-yr High in 2021

SEOUL, Jan. 13 (Korea Bizwire) — Foreign investors’ net purchase of South Korean securities was the biggest in 12 years last year due largely to their buying spree of local bonds, central bank data showed Thursday. Foreigners bought a net US$38.71 billion worth of Korean securities last year, sharply up from $3.47 billion the previous [...]