SEOUL, Jan. 5 (Korea Bizwire) — A substantial number of South Korean business executives intend to increase their stock investment amid expectations that inflation will continue to remain high, a survey showed Tuesday. According to a survey conducted by Samsung Securities Co. of executives from 924 local businesses, 21.3 percent of the respondents picked inflation [...]
SEOUL, June 11 (Korea Bizwire) — South Korea retail investors have traded more than US$1.7 billion worth of shares in AMC Entertainment Holdings Inc., one of the social media-driven meme stocks, this month, data showed Friday. Local individual investors’ transactions of shares in the top U.S. movie theater chain came to $1.76 billion in the [...]
SEOUL, Jan. 12 (Korea Bizwire) — With stock prices continue to break record highs in the New Year, many salary workers, homemakers and students who have shunned investments in stocks are experiencing a great sense of alienation. “These days, the main topic of conversation among my friends is how much they have made investing in [...]
MONTREAL, Oct. 6 (Korea Bizwire) – Brunswick Exploration Inc. formerly Komet Resources Inc. (“Brunswick” or the “Company”) is pleased to announce that the TSX Venture Exchange (“TSXV”) has approved a change in the Company’s stock symbol trading on the TSXV. Effective as of this morning, Tuesday, October 6, 2020, the Company’s common shares trade on the TSXV [...]
SEOUL, April 20 (Korea Bizwire) — Money floating around the South Korean stock market has reached a new record high amid a recent market recovery following a coronavirus-caused rout, data showed Monday. The amount of stock-related funds hit 141.79 trillion won (US$116.5 billion) as of Tuesday, up nearly 24 percent from Jan. 20 when South [...]
HONG KONG, CHINA, Jan. 2 (Korea Bizwire) – A leading and fast growing integrated marketing solutions provider, Activation Group Holdings Limited (“Activation Group” or the “Company”, which together with its subsidiaries, is referred to as the “Group”, stock code: 09919) announced on 30 December 2019 the details of the global offering (the “Global Offering”) and [...]
SEOUL, Aug. 9 (Korea Bizwire) — Despite this year’s bear market, robo-advisors (RA) have achieved a return rate that surpassed benchmarks in comparison. Robo-advisors, a combination of the words ‘robot’ and ‘advisor,’ automate the distribution of investment assets through computer algorithms. According to Koscom Corp., South Korea’s technology developer for brokerage houses, the rate of [...]
SEOUL, Jun. 10 (Korea Bizwire) — Short-selling of stocks on the South Korean bourses jumped to a seven-month high in May as local shares remained bearish amid escalating trade tension between the U.S. and China, data showed Monday. Daily stock short-selling averaged 537.5 billion won (US$454.8 million) in the main KOSPI and secondary KOSDAQ markets [...]
SEOUL, Feb. 24 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean conglomerate SK Group, ranked No. 1 among all stocks listed on the main bourse in terms of conversion prices, the Korea Exchange (KRX) said Sunday. The conversion price of SK Holdings was 6,775,000 won (US$6,022) based on Friday’s closing price [...]
BALTIMORE, Aug. 10 (Korea Bizwire) — WillScot Corporation (Nasdaq: WSC) (“WillScot”), a specialty rental services market leader providing innovative modular space and portable storage solutions across North America, today announced that the underwriters of its recent offering of 8,000,000 shares of its Class A common stock, par value $0.0001 per share (“Common Stock”), have exercised their option [...]