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Market Value of Cryptocurrencies in S. Korea Spikes Tenfold over 3 Years

Market Value of Cryptocurrencies in S. Korea Spikes Tenfold over 3 Years

SEOUL, March 16 (Korea Bizwire) – The market value of cryptocurrencies in South Korea has shot up nearly 10 times over the past three years amid keen investor interest, industry sources said Tuesday. According to local cryptocurrency exchange Upbit, its market index stood at 9,742.62 points as of 5:45 p.m. Monday, almost 10 times the [...]

Top 10 Conglomerates Suffer Drop in Market Caps As Stocks Tumble

Top 10 Conglomerates Suffer Drop in Market Caps As Stocks Tumble

SEOUL, Aug. 1 (Korea Bizwire) — The market value of firms affiliated with South Korea’s top 10 conglomerates has fallen off this year as their stocks were affected by bearish market conditions, data showed Wednesday. The combined market value of listed firms belonging to the 10 leading business groups came to 913.2 trillion won (US$814 [...]

Stock Value of S. Korea’s Top 10 Biz Groups Tumbles

Stock Value of S. Korea’s Top 10 Biz Groups Tumbles

SEOUL, Jan. 26 (Korea Bizwire) – South Korea’s top 10 business groups saw the market value of their listed affiliates plunge this year mainly due to increased overseas volatility, data showed Tuesday. The combined market capitalization of their listed companies came to 721.99 trillion won as of Monday, down 4.49 percent from 755.93 trillion won [...]