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Sat, January 28, 2023 | 22:50
Seoul stocks up for 5th day on tech rally
Seoul stocks up for 5th day on tech rally
Seoul stocks extended their winning streak to a fifth day Friday, as foreign and institutional investors scooped up major tech shares. The Korean won fell against the U.S. dollar.
2023-01-27 19:15
Seoul stocks up for 4th day on foreign buying
Seoul stocks up for 4th day on foreign buying
Seoul stocks surged over 1 percent Thursday, as foreign investors scooped up market heavyweights in the run-up to the corporate earnings season. The Korean won advanced against the U.S. dollar.
2023-01-26 16:49
Korean firms' weak earnings outlook to burden KOSPI
Korean firms' weak earnings outlook to burden KOSPI
The Korean stock market is feared to face an adjustment period on escalating fears of recession and conglomerates' dismal earnings outlooks. The negative outlook came amid growing skepticism over major firms' earnings growth on falling demand for Korea's major export items.
Lee Min-hyung | 2023-01-26 15:58
[Contribution]Gender diversity makes companies strong
ContributionGender diversity makes companies strong
It may be hard to believe, but banks in the 1970s had a system requiring female employees to sign a written promise stating that “only unmarried women can work here.” Back then, foreign banks allowed women to keep working after marriage, but their counterparts at domestic banks struggled with severe gender inequality. Bank employees were hired separately - men as “regular ban...
2023-01-26 08:20
Seoul shares close more than 1% higher on tech gains
Seoul shares close more than 1% higher on tech gains
Seoul stocks closed more than 1 percent higher Wednesday on tech gains, as investors were hopeful that the U.S. Federal Reserve could ease the pace of rate increases. The Korean won rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) climbed 33.31 points, or 1.39 percent, to 2.428.57.Trading volume was moderate at 539.8 million shares worth 6....
2023-01-25 21:02
Corporate direct financing down in 2022 on stock, bond market slumps
Corporate direct financing down in 2022 on stock, bond market slumps
Corporate direct financing in Korea shrank in 2022 due to slumps in stock and bond markets caused by worries over inflation and rising borrowing costs, data showed Wednesday.
2023-01-25 13:24
[ANALYSIS] China's reopening to help ease inventory woes
ANALYSISChina's reopening to help ease inventory woes
Even as the worst point of the COVID-19 disruptions has eased a bit, recently, its real impact continues to ripple throughout the world's leading economies including the United States and China.
Kim Yoo-chul | 2023-01-25 09:38
Easing of pandemic pushes up tourism, aviation stocks
Easing of pandemic pushes up tourism, aviation stocks
Tourism and aviation stocks are on track for a robust rally on growing hopes for an end to the pandemic, as authorities here and abroad display signs of easing quarantine measures. According to data from the Korea Exchange, the nation's representative tourism stocks reported double-digit growth for the first three weeks of January.
Lee Min-hyung | 2023-01-24 15:56
Korea to lift mandatory registration policy for foreign investors in 2023
Korea to lift mandatory registration policy for foreign investors in 2023
Korea's financial regulator said Tuesday it plans to abolish the existing mandatory registration policy for foreigners investing in local stocks within this year, in line with efforts to meet global standards.
2023-01-24 15:33
Upcoming FOMC to determine movement of Korean stocks, cryptocurrencies
Upcoming FOMC to determine movement of Korean stocks, cryptocurrencies
The U.S. Federal Reserve's upcoming message on its possible policy shift will determine whether Korean stocks can extend their rare momentum for a rally even after the Lunar New Year holiday. According to data from the Korea Exchange, the benchmark KOSPI is on a path for a gradual rebound with an increase of 7.6 percent between Jan. 2 and 16.
Lee Min-hyung | 2023-01-24 08:58
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Top 10 Stories
1People attempt to cut surging heating costs with creative solutions People attempt to cut surging heating costs with creative solutions
2Cabinet ministries turn deaf ear to watchdog's advice on sexual minorities Cabinet ministries turn deaf ear to watchdog's advice on sexual minorities
3Seoul to work with Hanoi to pursue peace on Korean peninsula Seoul to work with Hanoi to pursue peace on Korean peninsula
4More Korean manufacturers enjoy Georgia's hospitality More Korean manufacturers enjoy Georgia's hospitality
5Superintendent of Seoul Education Office gets suspended jail term Superintendent of Seoul Education Office gets suspended jail term
6SK E&S retains gov't support for Barossa gas project in Australia SK E&S retains gov't support for Barossa gas project in Australia
7Indonesia celebrates 50th anniversary of diplomatic ties with Korea via virtual event Indonesia celebrates 50th anniversary of diplomatic ties with Korea via virtual event
8LGES to capitalize on US IRA, Tesla partnership to continue record earnings LGES to capitalize on US IRA, Tesla partnership to continue record earnings
9KT&G aims to become global top-tier company KT&G aims to become global top-tier company
10Middle East 'sales diplomacy' picks up speed Middle East 'sales diplomacy' picks up speed
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