SEOUL, Dec 14 (Korea Bizwire) – The National Pension Service will bring up the share of overseas investment in total to 25 percent from the current level of 20 percent within five years from now. It will also come up with a more structured foreign currency risk management scheme including setting of appropriate forex hedge ratios in [...]
SEOUL, Oct. 7 (Korea Bizwire) – Korea’s 16 major corporations, including Samsung Electronics and Hyundai Motor, plan to carry out investment projects worth 28.4 trillion won (US$26.6 billion) from the second half of this year to next year. The Ministry of Trade, Industry and Energy held a meeting with CEOs of the nation’s 16 major companies [...]
SEOUL, South Korea, April 23, 2014 (Korea Bizwire) – The number of private investors who have bought Korea’s listed stocks and bonds has exceeded 10,000. Previously, all foreign investments have been made under institutional names from tax havens such as the Cayman Islands, Virgin Islands and Bermuda. On April 22, the Financial Supervisory Service (FSS) reported that [...]
WASHINGTON, April 19, 2014 (Korea Bizwire) – Venture capitalists invested $9.5 billion in 951 deals in the first quarter of 2014, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. Quarterly venture capital (VC) investment activity rose 12 percent in terms of [...]
Hong Kong, Mar 31, 2014 (Korea Bizwire) - Steve Entwistle, CEO of T3, today announced the launch of T3 Online to the offshore investment market. T3 Online provides a sophisticated investment management platform from which client portfolios can be managed quickly and efficiently with complete transparency of accurate, unbiased information delivered in a timely manner. [...]
SEOUL, Korea, Feb 21 (Korea Bizwire) – As the KOSPI is exhibiting high volatility this year to date, individual investors are leaving the market in droves. The deposit balance with securities firms by investors has fallen to the level of 13 trillion won, a three-year low, and is showing little signs of regaining. Investors [...]