SEOUL, Sept. 11 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in August as they locked in profits following a bull run in the local stock market amid economic recovery hopes, the central bank said Friday. Foreigners sold a net US$890 million worth of local stocks last month, a turnaround from [...]
SEOUL, March 24 (Korea Bizwire) — South Korea on Tuesday unveiled an emergency aid package worth 42 trillion won (US$34 billion) to help ease the credit crunch and stabilize financial markets hit hard by the spread of the new coronavirus. The aid package came as the COVID-19 pandemic dealt a harsh blow to South Korean [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s financial markets will start trading an hour later than usual on Thursday due to the nationwide college entrance exam, the bourse operator has said. Trading on the main KOSPI and secondary KOSDAQ stock markets, as well as the bond market and the over-the-counter (OTC) stock market, will [...]
LONDON, Jan. 5 (Korea Bizwire) — 2017 certainly provided plenty of challenges for corporations and business leaders, but their ability to withstand them and move forward was the year’s defining feature. And displays of resilience in the face of industry or global pressures are littered throughout the latest issue of World Finance. Elizabeth Matsangou explores [...]