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Online Crowd Funding Agency and Loan Company Ad Restrictions Introduced

Online Crowd Funding Agency and Loan Company Ad Restrictions Introduced

SEOUL, May 1 (Korea Bizwire) — An online crowd funding agency targeting small investors will be established in Korea. The National Policy Committee passed nine financial laws on April 30, and one of them was the establishment of an online small investment agent which enables a company to raise a maximum of 700 million won [...]

Korean Investments in Foreign Securities Grows Most in 7 Years in 2014

Korean Investments in Foreign Securities Grows Most in 7 Years in 2014

SEOUL, Mar. 6 (Korea Bizwire) — South Korean institutions’ investments in foreign securities grew at the fastest pace since 2007 last year on a rise in massive buying of foreign bonds and so-called Korean paper, central bank data showed Friday. The outstanding value of foreign securities held by institutional investors jumped by US$20.9 billion in [...]