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Sun, June 4, 2023 | 00:10
Wall Street leaps, nearly escapes its bear market after strong jobs report
Wall Street leaps, nearly escapes its bear market after strong jobs report
Stocks soared higher Friday after a strong report on the U.S. job market suggested a recession may not be as close as Wall Street had feared.
2023-06-03 09:18
Seoul shares at 1-year high on hopes Fed pauses rate hikes
Seoul shares at 1-year high on hopes Fed pauses rate hikes
South Korean stocks closed at a one-year high Friday, led by large-cap tech gains, on hopes the Federal Reserve will pause its aggressive monetary tightening and the United States' debt ceiling deal will pass. The local currency rose against the U.S. dollar.
2023-06-02 19:44
Korean stocks feared to lose steam on prolonged trade deficit, real estate doldrums
Korean stocks feared to lose steam on prolonged trade deficit, real estate doldrums
Korean stocks are feared to lose steam and move within a tight range again amid concerns of a prolonged trade deficit, weak private consumption and slow real estate market conditions, analysts said.
Lee Min-hyung | 2023-06-02 15:54
Hamburger franchises having trouble in M&A market
Hamburger franchises having trouble in M&A market
It has been a while since a major burger franchise business in Korea was listed in the M&A market. Generally, their corporate value is not well received by the market, sometimes failing to find a new owner, despite best attempts to do so.
Anna J. Park | 2023-06-01 16:48
Wall Street slips as stocks slump worldwide
Wall Street slips as stocks slump worldwide
Wall Street slipped as stocks slumped worldwide Wednesday on worries about the strength of the global economy and inflation.
2023-06-01 08:49
NPS' total assets exceed W953 tril. as of Q1
NPS' total assets exceed W953 tril. as of Q1
The National Pension Service (NPS), Korea's largest institutional investor, has recovered much of its investment losses incurred during the past year, as it posted a rate of return of 6.53 percent during the first quarter.
Anna J. Park | 2023-05-31 15:34
Securities firms reduce staff amid financial scandals
Securities firms reduce staff amid financial scandals
Securities firms are reducing their workforces amid their continuous involvement in a series of scandalous financial fiascos.
Lee Min-hyung | 2023-05-31 14:41
Trade terms continue to fall in April on faster export price fall
Trade terms continue to fall in April on faster export price fall
Korea's terms of trade worsened for the 25th straight month in April as export prices fell faster than import prices, central bank data showed Wednesday.
2023-05-31 13:43
Korean firms urged to enhance shareholder value
Korean firms urged to enhance shareholder value
Despite increasing efforts by Korean companies to improve shareholder returns, any resulting outcomes have yet to reach the stock market. This stands in contrast to the Japanese bourse, where corporate initiatives to boost shareholder value have significantly contributed to its recent outstanding rally.
Lee Yeon-woo | 2023-05-30 15:51
Korea to lower tariffs on major agricultural imports amid inflation
Korea to lower tariffs on major agricultural imports amid inflation
Korea's finance ministry said Tuesday it has decided to apply tariff-rate quotas on eight major foodstuff imports to ease households' burden amid rising consumer prices.
2023-05-30 12:01
 1 2345678910
Top 10 Stories
1Roland Garros 2023 Roland Garros 2023
2Airlines fiercely compete to acquire additional aircraft Airlines fiercely compete to acquire additional aircraft
3Seoul imposes sanctions on North Korean hacking group for role in space launch Seoul imposes sanctions on North Korean hacking group for role in space launch
4KAERI distances itself from Oxford professor's claim on Fukushima water KAERI distances itself from Oxford professor's claim on Fukushima water
5LG Chem joins Korean firms strengthening ties with Japan LG Chem joins Korean firms strengthening ties with Japan
6More banks offer daily interest payments on deposits More banks offer daily interest payments on deposits
7POSCO, GM expand joint EV battery materials investment in North America POSCO, GM expand joint EV battery materials investment in North America
8HMM tasked with preventing sale of Hyundai LNG to foreign firm HMM tasked with preventing sale of Hyundai LNG to foreign firm
9Luxury brands continue hiking prices in Korea Luxury brands continue hiking prices in Korea
10Indo-Pacific region highlighted as important for Korean economy's future Indo-Pacific region highlighted as important for Korean economy's future
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