KoreaTimes - Markets

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Markets

Wed, March 29, 2023 | 15:55

Activist fund demands Namyang Dairy boost share price

Activist fund demands Namyang Dairy boost share price

Activist fund Tcha Partners Asset Management has launched a Namyang Dairy shareholder campaign urging the dairy company to take active measures to protect minority shareholders' rights. According to Tcha Partners' proposals sent out the company boards earlier this week, the activist fund urged the firm to buy back 50 percent stakes of both common shares as well as preferred s...

Anna J. Park | 2023-03-01 17:19

HYBE-Kakao battle intensifies for SM Entertainment management rights

HYBE-Kakao battle intensifies for SM Entertainment management rights

The battle between HYBE and Kakao over the management rights of SM Entertainment has intensified, as HYBE, currently SM Entertainment's largest shareholder, officially urged Kakao Entertainment to clarify its exact position and the nature of its partnership with SM.

Anna J. Park | 2023-02-28 16:59

Retail investors return to KOSPI

Retail investors return to KOSPI

Retail investors returned to the local stock market in February, extending a belated buying spree of blue-chip stocks, mirroring the activities of foreigners earlier this year. Data showed Monday that retail investors net purchased 1.83 trillion won ($1.38 billion) worth of Korean shares between Feb. 1 and 24, surpassing the 1.04 trillion won foreign investors net bought over...

Lee Min-hyung | 2023-02-27 16:21

'Focus on yourself for sustainable growth'

'Focus on yourself for sustainable growth'

Overcoming oneself should be a top priority for women to consistently develop their expertise in this male-centric investment banking (IB) industry, Ashley Hong, founder and CEO of APC Private Equity, said in a recent interview with The Korea Times. “Being a woman is not a handicap, nor is it a weapon,” Hong said. “I have seen so many women - including myself - struggling to ...

Lee Min-hyung | 2023-02-26 08:27

Seoul shares fall on tech losses amid rate hike uncertainty

Seoul shares fall on tech losses amid rate hike uncertainty

South Korean stocks ended lower Friday on losses in big-cap tech shares amid caution over the United States' monetary policy path amid high inflation. The local currency fell against the U.S. dollar.

2023-02-24 20:30

Seoul shares close up after BOK's rate freeze

Seoul shares close up after BOK's rate freeze

Korean stocks finished higher on Thursday as investors got a much-awaited reprieve from consecutive rate hikes by the Bank of Korea (BOK). The local currency rose against the U.S. dollar.

2023-02-23 17:21

Rate freeze does not mean end of tightening cycle: BOK governor

Frozen key rate feared to accelerate foreign capital outflow in Korea

Frozen key rate feared to accelerate foreign capital outflow in Korea

The Bank of Korea's (BOK's) decision to freeze the key rate is feared to trigger a foreign capital outflow amid a widening interest rate gap between the United States and Korea. The decision came in reflection of deepening recession woes in the economy due to falling exports and weakening GDP growth here.

Lee Min-hyung | 2023-02-23 15:51

Rate freeze does not mean end of tightening cycle: BOK governor

FSS governor vows to boost market accessibility for foreign investors

FSS governor vows to boost market accessibility for foreign investors

Financial Supervisory Service (FSS) Governor Lee Bok-hyun held a meeting with foreign investors on Wednesday, explaining the service's consistent and effective supervision directions to encourage investment in Korean financial companies.

Yoon Ja-young | 2023-02-22 16:18

Has Korea's housing market bottomed out?

Has Korea's housing market bottomed out?

Korea's housing market is showing signs of a fragile recovery fueled by increasing transactions, with more market participants purchasing apartments in the hope that the interest rate will not rise dramatically any further, data showed Tuesday.

Lee Min-hyung | 2023-02-21 15:05

Financial stocks lose luster amid watchdog's repeated warnings

Financial stocks lose luster amid watchdog's repeated warnings

Financial stocks are rapidly losing luster here, as foreign investors dump large-cap bank shares en masse amid heightened regulatory uncertainties. Major bank shares _ including KB, Shinhan, Hana and Woori _ extended gains until mid-January on their rosy earnings outlooks and the bullish KOSPI. But the momentum slowed over the past month as the government and financial author...

Lee Min-hyung | 2023-02-20 16:12

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Revised Japanese textbooks distort wartime forced labor, catching Korea off guard

2	Clock ticks for China's massive repatriation of N. Korean defectors

3	Gold price nears all-time high amid financial jitters

4	Ramsar wetland in Han River cleaned up for protected birdlife

5	BMW launches new XM

6	Civic groups in Gwangju await meeting with Chun Doo-hwan's grandson

7	CJ CheilJedang sees chicken as next big seller after frozen dumpling

8	North Korea unveils tactical nuclear warheads

9	2024 budget to focus on tackling low birthrate

10	Jeju seaways get busy with cruise ships, new trade route to Qingdao

DARKROOM