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Sat, September 23, 2023 | 19:57
EcoPro share price surpasses 1 million won during Monday's intraday trading
EcoPro share price surpasses 1 million won during Monday's intraday trading
The stock price of EcoPro exceeded the 1 million won ($765) mark during Monday's trading session, becoming a so-called “emperor's stock,” a Korean term that refers to stocks reaching that milestone.
Anna J. Park | 2023-07-10 16:27
Brokerage houses struggling to manage bad debt amid growing financial unrest
Brokerage houses struggling to manage bad debt amid growing financial unrest
Securities firms are struggling to control rising bad debts amid growing financial unrest prompted largely by the real estate downturn.
Lee Min-hyung | 2023-07-10 15:59
Concerns rise over project financing risks
Concerns rise over project financing risks
Concerns over real estate project financing are resurfacing in the capital market after GS Engineering & Construction (GS E&C) decided to bear losses of 550 billion won ($422 million) due to its decision to completely reconstruct an apartment complex in Incheon, west of Seoul.
Lee Min-hyung | 2023-07-10 08:53
Foreigners return to selling spree in Korean stock market
Foreigners return to selling spree in Korean stock market
Foreign investors returned to a selling spree of Korean stocks in June, for the first time in three months, on rekindled fears of the U.S. Federal Reserve's anticipated next rate hike. According to data from the Financial Supervisory Service, foreigners sold local shares worth 322 billion won ($247 million) last month.
Lee Min-hyung | 2023-07-09 15:50
'Far too early' to discuss Korea's capital market rebound: experts
'Far too early' to discuss Korea's capital market rebound: experts
Korea's capital market has yet to find a track to solid recovery and is forecast to extend lackluster performance until global monetary uncertainties come to a complete end, market experts said.
Lee Min-hyung | 2023-07-09 15:12
Wall Street falls after hot jobs data raises threat of high rates
Wall Street falls after hot jobs data raises threat of high rates
Stocks fell Thursday after reports suggested the U.S. job market remains much more resilient than expected.
2023-07-07 09:40
Gov't to provide liquidity to MG Community Credit if necessary
Gov't to provide liquidity to MG Community Credit if necessary
The government will inject liquidity into MG Community Credit Cooperative and ensure the protection of all customers' deposits, even if the financial institution suffers a bank run, relevant authorities said in a joint briefing, Thursday. “We wanted to reassure the public and the cooperative's customers, as a pan-governmental team is stepping up monitoring of the institution'...
Lee Min-hyung | 2023-07-06 16:29
Wall Street drifts lower as markets worldwide pull back
Wall Street drifts lower as markets worldwide pull back
Wall Street edged lower Wednesday following a rally that had sent it roaring 16 percent higher for the year so far.
2023-07-06 08:20
Executive's involvement in stock manipulation sends shockwaves through securities firms
Executive's involvement in stock manipulation sends shockwaves through securities firms
Tension is rising in the financial industry as prosecutors seek to arrest an incumbent executive of a securities firm suspected of involvement in a recent stock manipulation scam.
Lee Yeon-woo | 2023-07-05 16:38
Financial firms to tighten monitoring on rising delinquency rate
Financial firms to tighten monitoring on rising delinquency rate
The top five financial holding firms here will focus on monitoring potential business risks in the second half, as part of a preemptive move to deal with rising delinquency rates.
Lee Min-hyung | 2023-07-05 16:25
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Top 10 Stories
1Scientists find green way to turn CO2 into fuel with sunlight Scientists find green way to turn CO2 into fuel with sunlight
2Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors
3Opposition party in turmoil as leader could be arrested on Tuesday Opposition party in turmoil as leader could be arrested on Tuesday
4Korea boosts subsidies to rev up falling EV sales Korea boosts subsidies to rev up falling EV sales
5Russia lodges protest to S.Korean envoy over Yoon's UN speech Russia lodges protest to S.Korean envoy over Yoon's UN speech
6Foreign employees rewarded for contribution to Korea's shipbuilding industry Foreign employees rewarded for contribution to Korea's shipbuilding industry
7Lawmakers want to grill business tycoons over decision to rejoin FKI Lawmakers want to grill business tycoons over decision to rejoin FKI
8Gov't reviews changing description of Fukushima wastewater Gov't reviews changing description of Fukushima wastewater
9'Songpyeon' for low-income families 'Songpyeon' for low-income families
10Saudi Arabia celebrates 93rd National DaySaudi Arabia celebrates 93rd National Day
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