SEOUL, Oct. 5 (Korea Bizwire) — The South Korean bourse operator said Monday that it will seek to lure overseas exchange traded funds (ETFs) into the local stock market in order to meet rising demand for overseas direct investment by locals. An ETF refers to an investment fund traded on stock exchanges and represents a [...]
SEOUL, Jan. 30 (Korea Bizwire) — Six years after being designated as a public institution, Korea Exchange (KRX) was finally freed from government regulation that included budget controls and audits, effectively freeing it to move forward with expansion in overseas markets. While it was listed as a public institution, KRX’s business activities were been evaluated on an [...]
SEOUL, Jan. 20 (Korea Bizwire) — Samsung Electronics Co., South Korea’s largest firm by market value, has been considering splitting its stock to lower the high price tag of its shares but will look more into the long-term effect before making any decision, a senior executive said Tuesday. “(Samsung Electronics) has been looking into whether [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s carbon emission market was quiet on the first day of trading on Monday, with the initial price for allowances rising to a level similar to that of the European carbon exchange. The Korea Exchange (KRX) began the national cap-and-trade system to join the government’s efforts to curb [...]