SEOUL, March 23 (Korea Bizwire) — South Korean investors in derivatives-tied securities could suffer big losses due to a global stock rout and plunging oil prices, industry sources said Monday. Sixteen major securities firms have posted online notices that they have sold a combined 1,077 equity-linked securities (ELS) and derivatives-linked securities (DLS) products that may [...]
Princeton, NJ, Mar. 6 (Korea Bizwire) – ELS Educational Services, Inc. – one of the leading language services providers in the world – has added two new locations to its ELS Language Experience+ Vacation English program: San Diego, California and Boston, Massachusetts. Both locations will be offering the new Language Experience+ program starting in June 2018. [...]
SEOUL, Jan. 5 (Korea Bizwire) — Sales of equity-linked securities (ELS), including equity-linked bonds (ELB), jumped last year, thanks to a bull run in stock markets, industry data showed Friday. The issuance of ELS and ELB products stood at a record 81.1 trillion won (US$76.4 billion) last year, up 64.2 percent from the previous year, [...]
SEOUL, Jan. 20 (Korea Bizwire) – A lower court ordered Deutsche Bank on Friday to compensate investors for damage it caused by manipulating stock prices, in the nation’s first-ever ruling on a class action suit. The Seoul Central District Court ordered the Germany-based financial services company to pay a total of 8.55 billion won (US$7.28 [...]