KoreaTimes(175) - Markets, Finance, page 1

The Korea Times

Site Map E-paper Subscribe Register LogIn
Site Map E-paper Subscribe Register LogIn

Finance

Markets

Mon, December 9, 2019 | 05:51

Fears renewed on foreign capital exodus

Fears renewed on foreign capital exodus

Concerns have resurfaced recently over a massive foreign capital outflow after overseas investors went on a selling spree for 21 consecutive trading days ending Thursday. They returned to the buying side with a net purchase of 42.7 billion won ($35.9 million) in the benchmark KOSPI on Friday, ending the concern over their potential longer-term exodus from the local stock mark...

2019-12-08 05:10

KB, Indonesian VC to establish $30 mil. fund for startups

KB, Indonesian VC to establish $30 mil. fund for startups

KB Investment and MDI Ventures, an Indonesian venture capital investor, plan to establish a joint fund worth $30 million (35.6 billion won) for startups in Southeast Asia. The joint investment is part of KB's efforts to diversify its revenue streams into emerging markets with huge growth potential. KB Investment is the venture investment arm of KB Financial Group.

2019-12-06 17:13

NH Prime REIT price soars after going public

NH Prime REIT price soars after going public

The stock price of NH Prime REIT soared after the company went public on Thursday. The initial public offering (IPO) price of the NH affiliate was 5,000 won ($4.20) a share, but it closed at 6,500 won, up 30 percent, after listing on the benchmark KOSPI, according to the Korea Exchange.

2019-12-05 16:56

Korea-Kuwait Investment Forum

Korea-Kuwait Investment Forum

Kuwaiti Ambassador to Korea Bader Mohammad AI-Awadi speaks during the Korea-Kuwait Investment Forum at the headquarters of Citibank Korea in Seoul, Wednesday. The forum was designed to enhance economic partnerships between the two countries and celebrate the 40th anniversary of diplomatic ties. Citibank Korea CEO Park Jin-hei said it hosted the event to share success stories ...

2019-12-05 16:42

For innovative financial platforms

For innovative financial platforms

KB Securities CEO Park Jeong-rim, right, poses with ESTsoft CEO Chung Sang-won, after signing a partnership on financial technology, at the former's headquarters on Yeouido in Seoul, Monday. Under the partnership, the software company will use its expertise in artificial intelligence to help the KB affiliate establish new financial platforms. Courtesy of KB Securities

2019-12-03 16:54

Citi refutes Goldman, Morgan's optimism about Korea

Citi refutes Goldman, Morgan's optimism about Korea

Citigroup has issued a skeptical outlook for the Seoul bourse, taking the opposite stance to Goldman Sachs, Morgan Stanley and JPMorgan Chase, which recommended global investors to bet on Korea in the forthcoming year.

2019-12-03 16:05

Kakao becomes darling of foreign investors

Kakao becomes darling of foreign investors

Kakao, the operator of the nation's most popular messenger app KakaoTalk, topped the list of the most sought-after Korean stocks among foreign investors in November, data showed Monday. According to the Korea Exchange, foreigners' net purchase of Kakao shares reached 213.1 billion won ($180 million) last month.

2019-12-02 16:31

Life insurers suffer sharp profit decline

Life insurers suffer sharp profit decline

Life insurers here have suffered a sharp decline in net profits in the first three quarters of the year amid widening operating losses in their insurance businesses, data showed Sunday. According to data released by the Financial Supervisory Service, the combined net profit of 24 life insurers here reported 3.06 trillion won ($2.59 billion) during the period, down 24.3 percen...

2019-12-01 17:10

Foreigners on selling spree of Korean stocks

Foreigners on selling spree of Korean stocks

Foreign investors went on a selling spree over the past four consecutive months amid prolonged U.S.-China trade tension, falling memory chip prices and other unfavorable business conditions, according to the Korea Exchange, Sunday.

2019-12-01 17:02

Macquarie about to buy Daesung Gases from MBK

Macquarie about to buy Daesung Gases from MBK

Macquarie is expected to buy Daesung Industrial Gases from MBK Partners in the near future, according to industry sources, Friday.

2019-11-29 14:43

1 2 3 4 5 6 7 8 9 10

WooriBank

Top 10 Stories

DARKROOM

Code of Ethics

Copyright