KoreaTimes - Markets

The Korea Times

The Korea Times

The Korea Times

Finance

Markets

Mon, September 25, 2023 | 22:28

What's behind sluggish banking shares?

What's behind sluggish banking shares?

While U.S. financial stocks are soaring in the first half of the earnings season, domestic Korean bank stocks are struggling to keep pace.

2023-07-21 08:28

New bourse operator to change landscape of stock market

New bourse operator to change landscape of stock market

The launch of a new bourse operator in Korea is in sight, fueling optimism that it can become a game changer in stock trading that has been dominated by the Korea Exchange (KRX) for nearly seven decades. On Wednesday, the Financial Services Commission (FSC) gave preliminary approval for the alternative trading system (ATS) being planned by a coalition of major brokerage house...

2023-07-20 15:41

Elliott expresses disappointment over Korean gov't decision to appeal

Elliott expresses disappointment over Korean gov't decision to appeal

Elliott Investment Management expressed regret over the Korean government's decision to appeal a ruling by the Permanent Court of Arbitration (PCA). The U.S.-based hedge fund company argued in an official statement that the Korean government's decision to seek an appeal sends the wrong message to foreign investors.

Anna J. Park | 2023-07-19 16:50

Korea's household debt burden rises at 2nd fastest rate in world

Korea's household debt burden rises at 2nd fastest rate in world

The household debt burden in Korea is aggravating, with repayment based on one's annual income increasing at the second fastest pace in the world.

2023-07-17 16:17

FSS launches online portal to speed up licensing processes

FSS launches online portal to speed up licensing processes

The Financial Supervisory Service (FSS) launched an online portal Monday that streamlines and guides the financial authorities' licensing and accreditation processes.

Anna J. Park | 2023-07-17 15:33

Heavy rain-linked stocks display increased volatility

Heavy rain-linked stocks display increased volatility

Stocks linked with torrential rain are displaying increased volatility, as the onset of the summer monsoon season began to cause damage across the nation. Shares of Coway are on a path for solid recovery on growing demand for dehumidifiers and air conditioners. The company's stock price fell to 42,550 won at the end of June, the lowest level so far this year, but is showing s...

2023-07-14 16:32

Korean stocks regain vigor on rate freeze, US inflation slowdown

Korean stocks regain vigor on rate freeze, US inflation slowdown

Korean stocks extended a rally, Thursday, following overnight gains on Wall Street lifted by data showing a slowdown in U.S. inflation. The benchmark KOSPI was also buoyed by the Bank of Korea's (BOK) widely-expected decision of a rate freeze.The macroeconomic data helped the main bourse return to the 2,600-point mark during morning trade. The KOSPI closed up 0.64 percent at ...

2023-07-13 15:50

[Contribution] The race for greener economic prosperity

ContributionThe race for greener economic prosperity

More than 70 countries, including South Korea, have come together to make a pledge for carbon neutrality. Carbon neutrality refers to achieving net zero carbon emissions, by offsetting more carbon emissions compared to the amount produced by each economy.

2023-07-13 14:35

Wall Street ticks higher ahead of this week's inflation report

Wall Street ticks higher ahead of this week's inflation report

Stocks are ticking higher Tuesday as Wall Street waits for updates later in the week on inflation and corporate profits.

2023-07-12 09:46

Wall Street ticks higher ahead of updates on inflation, profits

Wall Street ticks higher ahead of updates on inflation, profits

Stocks ticked higher on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.

2023-07-11 09:22

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Samsung, SK relieved by revised chip restrictions on China

2	S. Korea to stage massive military parade as tensions with North remain high

3	Seoul, Beijing try to mend fences as Russia and N. Korea grow closer

4	Patients, doctors at loggerheads as operating room CCTV footage made mandatory

5	Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation

6	Mirae Asset Global Investments' AUM reaches $219 bil.

7	Lee Jae-myung's possible arrest looms over main opposition party

8	Bears of Joseon part 2: Behind bars

9	LG Chem to build LFP cathode plant with Huayou in Morocco

10	Low growth becomes new normal for Korean economy

DARKROOM