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S. Korea Going All-Out to Stem Brexit Fallout

S. Korea Going All-Out to Stem Brexit Fallout

SEOUL, June 24 (Korea Bizwire) – South Korea on Friday said it will use all means to stabilize the local financial market following the unexpected result of the historic British referendum to leave the European Union.  As the world’s fifth-largest economy got ready to leave the 28-member economic bloc, South Korea’s financial market suffered a [...]

Korean Pension Funds to Get Green Light to Invest in ETFs

Korean Pension Funds to Get Green Light to Invest in ETFs

SEOUL, Oct. 4 (Korea Bizwire) – The financial regulator said Sunday that it will allow public and private pension funds to invest in exchange traded funds (ETFs) in a bid to provide a safer and decent yield-generating investment tool in the low rate environment. An ETF refers to an investment fund traded on stock exchanges [...]