overseas stock Archives | Be Korea-savvy

South Korea Eases Rules for Employees Selling Overseas Stock Rewards

SEOUL, Feb. 28 (Korea Bizwire) – Employees of foreign companies in South Korea who receive shares from their overseas headquarters as performance rewards will now be able to sell them directly without needing to transfer them to a domestic brokerage firm first. The Financial Services Commission announced on February 27 that a revision to the “Enforcement [...]

Number of Retail Investors’ Overseas Stock Accounts Soars 74 pct in H1

SEOUL, Oct. 20 (Korea Bizwire) — The number of overseas stock accounts held by South Korean retail investors jumped 74 percent in the first half of the year from six months earlier amid their brisk investment in foreign shares, data showed Wednesday. Local individual investors held about 3.31 million overseas stock accounts as of end-June, [...]