NPS to Raise Ceiling for Portion of ‘Strategic’ Investment in Domestic Stocks

SEOUL, April 9 (Korea Bizwire) — South Korea’s top institutional investor National Pension Service (NPS) said Friday it will raise the ceiling for the portion of its “strategic” investment in local stocks, a move to help ease the fund’s selling spree to meet its stockholding target. Under the latest decision, the ceiling for the share [...]