Foreign Net Buying of Local Stocks Nearly Doubles in 2014

SEOUL, Dec. 28 (Korea Bizwire) — Foreign investors’ net purchases of South Korean stocks nearly doubled in 2014 from the previous year thanks to ample liquidity in the United States and other major economies, data showed Sunday. Offshore investors bought a net 8.21 trillion won (US$7.47 billion) worth of local stocks in the first 11 [...]