SEOUL, Feb. 13 (Korea Bizwire) – Foreign investors scooped up Korean stocks in January for the third consecutive month on the back of hopes for a recovery in the chipmaking sector, central bank data showed Tuesday. Offshore investors bought a net US$2.51 billion worth of local stocks last month, following $2.52 billion worth of purchases [...]
SEOUL, Feb. 11 (Korea Bizwire) – Foreign investors have been active in the South Korean stock market over the past two weeks, contributing to the recent rally in the main KOSPI index, data showed Sunday. Offshore investors scooped up a net total of 5 trillion won (US$3.75 billion) worth of local shares from Jan. 29-Feb. [...]
SEOUL, Jan. 12 (Yonhap) — Foreign investors remained net buyers of South Korean stocks for a second consecutive month in December, data showed Friday. Offshore investors purchased a net 3.14 trillion won (US$2.38 billion) worth of local stocks last month, following their net purchase of 3.3 trillion won in November, according to the data from [...]
SEOUL, Dec. 11 (Korea Bizwire) — South Korea’s unification minister said Monday the government will make efforts to assuage foreign investors’ concerns about heightened tensions on the Korean Peninsula, saying his country has been beefing up a readiness posture against North Korea’s potential provocations. Unification Minister Kim Yung-ho made the remark during his meeting with [...]
SEOUL, Oct. 19 (Korea Bizwire) — Foreign investors sold a net 1.71 trillion won (US$1.26 billion) worth of South Korean stocks in September, extending their selling spree for a second consecutive month, data showed Thursday. After the sell-off, foreigners owned some 663.7 trillion won worth of local stocks, or 26.7 percent of total market capitalization, [...]
SEOUL, June 5 (Korea Bizwire) — Foreign investors will be allowed to buy South Korean stocks and bonds without prior registration starting December, the state financial regulator said Monday. Earlier in the day, the Cabinet approved a revision of an enforcement decree to abolish the 30-year-old foreign investor registration system that requires foreigners to register [...]
SEOUL, May 20 (Korea Bizwire) — Foreign investors have scooped up more than 10 trillion won (US$7.52 billion) worth of Korean stocks so far this year on eased uncertainties and a rosy outlook for the chipmaking sector, data showed Saturday. According to the data compiled by the Korea Exchange, foreigners’ net buying of Korean stocks [...]
SEOUL, May 1 (Korea Bizwire) — South Korea has extended its real estate investment immigration system by three years and doubled the minimum investment required of foreign investors to 1 billion won (about US$745,700) or more, the Ministry of Justice said Monday. Under the real estate investment immigration system, foreigners who invest 500 million won [...]
SEOUL, April 27 (Korea Bizwire) — Foreign investors who make investments in South Korea’s national high-tech strategic technologies, such as semiconductors, batteries, and displays, will be eligible for subsidies. The Ministry of Trade, Industry and Energy said Wednesday it held a meeting of the foreign investment committee and deliberated and resolved the revision of operational [...]
SEOUL, April 10 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in March amid the collapses of Silicon Valley Bank in the United States and the global bank Credit Suisse, central bank data showed Monday. Offshore investors sold a net US$1.73 billion worth of local stocks last month, a turnaround from [...]