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Samsung Electronics Tops List of Shares Sold by Foreigners, Institutions

Samsung Electronics Tops List of Shares Sold by Foreigners, Institutions

SEOUL, Oct. 8 (Korea Bizwire) — Shares of South Korean tech giant Samsung Electronics Co. topped the list of holdings sold off by foreign and institutional investors in 2018, market data showed Monday. During the first nine months of this year, offshore investors sold shares of Samsung Electronics worth 3.56 trillion won (US$3.15 billion), according [...]

AI and Robots Dominate Stock Market, Thanks to AlphaGo

AI and Robots Dominate Stock Market, Thanks to AlphaGo

SEOUL, March 10 (Korea Bizwire) – After witnessing the future of robots and artificial intelligence (AI) when pro Go player Lee Se-dol lost the first Go match to AlphaGo, robot-related stock prices are showing signs of ascent. DST Robot, a manufacturer listed on KOSDAQ, saw its share price rise to the limit of 6,520 won during [...]

Seoul Shares Down 0.2 pct Ahead of Fed Conference

Seoul Shares Down 0.2 pct Ahead of Fed Conference

SEOUL, Nov. 12 (Korea Bizwire) – South Korean stocks closed slightly lower Thursday as investors took to the sidelines ahead of top Fed officials’ remarks that could provide a glimpse of the U.S. central bank’s monetary policy direction, analysts said. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price [...]