SEOUL, Sept. 8 (Korea Bizwire) – E-Mart Co., South Korea’s largest discount chain, on Thursday said it will sign an agreement with Ho Chi Minh City to invest US$200 million in the area that serves as the country’s commercial hub. The memorandum of understanding (MOU), to be sealed on Friday, establishes a strategic partnership between [...]
SEOUL, Aug. 25 (Korea Bizwire) – The South Korean market for so-called equity crowdfunding has been gaining momentum recently on growing investor interest amid ultra-low interest rates, industry sources said Thursday. Also referred to as crowdinvesting, equity crowdfunding is the online offer of unlisted shares and corporate bonds to a group of investors. In January, [...]
SEOUL, Aug. 22 (Korea Bizwire) – Market players in South Korea have placed mixed bets on shares of Samsung Electronics Co. this month, with foreigners remaining a net seller of the stock while local institutional investors keep buying it. Shares of Samsung hit an all-time closing high of 1,675,000 won (US$1,492) last Friday. The stock [...]
SEOUL, Aug. 9 (Korea Bizwire) – South Korean investors have been putting a large amount of money in high-return bond funds amid weak economic growth this year, with stock funds suffering a massive outflow, data showed Tuesday. According to the data by fund researcher Zeroin, local investors added a net 5.87 trillion won (US$5.3 billion) [...]
SEOUL, Aug. 8 (Korea Bizwire) – Crowdfunding is not an unknown concept in Korea, but it certainly isn’t a well-established one. However, the recent success of Operation Chromite, a Korean War blockbuster film loosely based on real-life events, has signaled a bright future for Korean crowdfunding ventures. A total of 500 million won ($448,000) was [...]
SEJONG, Aug. 8 (Korea Bizwire) – South Korea opened a business center on Monday to help local firms expand trade and investment in Iran as part of its efforts to tap deeper into the Middle East country following the lifting of international sanctions, the trade ministry here said. Located in southern Seoul, the center will [...]
SEOUL, Aug. 5 (Korea Bizwire) — Hedge funds in Korea (private equity funds usually available to those with significant financial resources) are attracting wealthy investors – leading to a surging market. A hedge fund is an investment in a variety of assets, with limited regulations, that often generate higher returns than other investment products with similar [...]
SEOUL, Aug. 4 (Korea Bizwire) – South Korea’s investment environment is mostly favorable to foreign companies with its speedy administrative process and low corporate tax rates especially appealing to investors, a report showed Thursday. However, sluggish population growth and the relatively low level of policy transparency serve as hurdles to foreign investment in Asia’s fourth-largest [...]
SEOUL, August 3 (Korea Bizwire) – With interest rates remaining at record lows for an extended period of time, the popularity of alternative investments is on the rise. These alternative investments – assets other than the typical stocks, bonds, or cash – have the potential to yield high returns, at the cost of increased risk compared [...]
SEOUL, July 29 (Korea Bizwire) – ISAs, or Individual Savings Accounts, have been among the most popular financial products in Korea since their launch in the first half of 2016. In a nutshell, an ISA is an integrated asset management account that can consist of various financial products, including savings accounts, stocks, mutual funds, and [...]