SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s overseas direct investment grew at the fastest pace in nine quarters in the second quarter of this year amid the global economic recovery, data showed Friday. The value of investments made by South Korean companies reached US$16.5 billion in the April-June period, up 26.8 percent from a [...]
SEOUL, Sept. 21 (Korea Bizwire) – A new survey has revealed that most South Korean financial consumers still prefer safer choices such as installment savings plans, despite low interest rates and a booming stock market. According to the online survey conducted by pollster NICE R&C with a sample of 19,300 people aged between 20 and 64 [...]
SEOUL, May 8 (Korea Bizwire) – U.S. direct investment in South Korea fell last year for the first time since the 2008 financial crisis, central bank data showed Monday. The U.S. direct investment in South Korea totaled US$33.9 billion last year, down 1 percent from $34.2 billion a year ago, according to the data compiled [...]
SEOUL, May 7 (Korea Bizwire) — China became South Korea’s second-largest investment destination last year, relegating the European Union (EU) to the third spot, central bank data showed Thursday. South Korea’s external investment, which includes stocks and bonds, reached US$716.6 billion at the end of last year, up $95.5 billion from the previous year, according to [...]
SEOUL, April 28 (Korea Bizwire) – South Korea’s investment in overseas stocks sharply almost has tripled over the past three years as investors sought higher returns in overseas markets, data showed Tuesday. The amount of South Koreans’ direct investment in foreign stocks came to US$2.89 billion in the January-March period, soaring from $93.05 million from [...]