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Investors Focus on Hybrid Funds for Higher Yields amid Low Interest Rates

Investors Focus on Hybrid Funds for Higher Yields amid Low Interest Rates

SEOUL, Aug. 18 (Korea Bizwire) — Hybrid funds with a mixed portfolio of stocks and bonds have been absorbing money as investors prefer relatively safe vehicles with higher yields over fixed deposits that offer record-low interest payments, data showed Tuesday. Investors have added a net 4.23 trillion won (US$3.58 billion) into the hybrid funds as [...]

Finance Minister Urges Smooth Unwinding of QE Programs

Finance Minister Urges Smooth Unwinding of QE Programs

PARIS/SEJONG, Jun. 4 (Korea Bizwire) — South Korea’s finance minister called on major economies Wednesday to wind down their quantitative easing programs smoothly in order to ensure the stable growth of the global economy. Speaking at the economic outlook session at this year’s Organization for Economic Cooperation and Development’s (OECD) ministerial meeting in Paris, Finance Minister [...]