SEOUL, Aug. 4 (Korea Bizwire) — South Korea’s real estate investors may move their money to the stock market following tough government measures to cool the overheating housing market, analysts said Friday. In a desperate bid to rein in soaring apartment prices, the government unveiled a package of measures Wednesday, including the designation of areas [...]
LONDON, Mar. 6 (Korea Bizwire) — XM Group (Trading Point Group), a leading FX and CFD Broker, today has officially announced the launch of the MT5 platform with offerings of over 300 CFDs on Single Stocks. Today, 6th of March, XM Group (Trading Point Group) has officially announced that it has successfully launched the MT5 [...]
SEOUL, Jan. 29 (Korea Bizwire) – A corporate tracker said Friday that the number of people aged under 30 whose shareholding value surpassed 10 billion won (US$8.5 million) came to 52. Chaebul.com said the combined shareholding value of the 52 people stood at more than 1.7 trillion won. On average, the individual shareholding value [...]
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, July 28 (Korea Bizwire) - It has been reported that Elliott Management, an American hedge fund that filed lawsuits opposing the merger of Samsung C&T Corporation and Cheil Industries Inc., has returned its stockholder certificates for Samsung C&T Corporation, Samsung SDI and Samsung Fire Insurance to the Korea Securities Depository (KSD). Since the proposal to merge Samsung C&T [...]
BEDFORD, Mass., Jun. 30 (Korea Bizwire) — ConforMIS, Inc. announced today the pricing of its initial public offering of 9,000,000 shares of common stock at a public offering price of $15.00 per share, before underwriting discounts. All of the shares in the offering are being sold by ConforMIS. In addition, ConforMIS has granted the underwriters [...]
SEOUL, Mar. 6 (Korea Bizwire) — South Korean institutions’ investments in foreign securities grew at the fastest pace since 2007 last year on a rise in massive buying of foreign bonds and so-called Korean paper, central bank data showed Friday. The outstanding value of foreign securities held by institutional investors jumped by US$20.9 billion in [...]
SEOUL, Nov. 12 (Korea Bizwire) — Hyundai Motor officially announced that it is going to purchase 2,202,764 (1% in total) shares of common stocks and 652,019 (1%) shares of preferred stocks on November 11. It was nine years ago when Hyundai Motor purchased its own shares to support its stock price. In 2005 Hyundai had [...]