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 [...]
SEOUL, Feb. 9 (Korea Bizwire) — Foreign investors’ net selling of South Korean securities slowed sharply in January as they increased holdings of stocks amid expectations the U.S. Federal Reserve would slow monetary tightening and China’s economy would recover, central bank data showed Thursday. The value of their combined investment in local securities — stocks [...]
SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s financial regulator said Monday it will beef up efforts to revamp the country’s capital market regulations in a way that helps them live up to “global standards” and enhances the protection of shareholders in local equity markets. The plan is aimed at attracting more foreign investment by [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s financial regulator said Tuesday it plans to abolish the existing mandatory registration policy for foreigners investing in local stocks within this year, in line with efforts to meet global standards. The move came as foreigners are currently required to file personal information with local financial authorities before [...]
SEOUL, Jan. 12 (Korea Bizwire) – Foreign investors turned net sellers of South Korean securities for the first time in three months in December amid high U.S. interest rates, central bank data showed Thursday. Their combined investment funds in local securities — stocks and bonds — came to a net outflow of US$2.42 billion last [...]
SEOUL, Oct. 13 (Korea Bizwire) — Foreign investors turned net sellers of South Korean stocks in September on concerns over aggressive monetary tightening in major economies, central bank data showed Thursday. Foreigners’ stock investment funds logged a net outflow of US$1.65 billion in September, compared with a $3.02 billion net inflow the previous month, according [...]
SEOUL, Aug. 11 (Korea Bizwire) — Foreign investors became net buyers of South Korean stocks for the first time in six months in July on expectations that the Federal Reserve may slow the pace of monetary tightening, central bank data showed Thursday. Foreigners’ stock investment funds recorded a net inflow of US$160 million in July, [...]