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Fri, September 29, 2023 | 04:57

Korea issues FX stabilization bonds worth $473.5 mil.

Korea issues FX stabilization bonds worth $473.5 mil.

Korea's finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 billion yen ($473.5 million).

2023-09-07 11:05

YouTuber appointed as FSS financial education ambassador

YouTuber appointed as FSS financial education ambassador

YouTuber Syuka, who has 2.78 million followers on his economy-focused YouTube channel, “syukaworld,” stands next to Financial Supervisory Service (FSS) Governor Lee Bok-hyun at the headquarters of FSS in Seoul, Wednesday. Syuka, whose real name is Jeon Seok-jae, used be a proprietary trader at eBest Investment and a fund manager at Samsung Asset Management, before becoming a ...

Anna J. Park | 2023-09-06 16:41

Seoul shares up for 2nd day amid growing Fed rate pause outlook

Seoul shares up for 2nd day amid growing Fed rate pause outlook

Korean stocks closed higher for the second consecutive session Monday on growing optimism the U.S. Federal Reserve will pause the interest rate hike in the next month's policy meeting after key unemployment data showed a cooling economy. The local currency fell against the U.S. dollar.

2023-09-04 21:33

Public subscription of shares regains vigor

Public subscription of shares regains vigor

More companies are opening public subscription of shares ahead of their planned initial public offerings (IPOs), as corporate demand for fundraising grows faster amid long-lasting macroeconomic uncertainties here and abroad. According to the Korea Exchange, a group of around 10 companies are scheduled to jump into pre-IPO procedures in September. The number exceeds the averag...

Lee Min-hyung | 2023-09-04 16:50

Korea's cybersecurity market increases nearly 17% in 2022

Korea's cybersecurity market increases nearly 17% in 2022

Korea's information security market expanded nearly 17 percent last year from a year earlier thanks to sharp growth in cloud and network security services, government data showed Monday.

2023-09-04 15:49

Korea's exports of lipsticks set to hit new record in 2023

Korea's exports of lipsticks set to hit new record in 2023

Korea's exports of lipsticks are anticipated to hit a new record in 2023, the customs agency said Monday, on the back of increasing demand as people have taken off masks around the globe.

2023-09-04 10:54

Will KB regain former glory as strong IPO player?

Will KB regain former glory as strong IPO player?

KB Securities is seeking to regain its former glory in the local initial public offering (IPO) market after being named as a lead manager for HD Hyundai Global Service whose value is forecast to reach as high as 4 trillion won ($3.02 billion).

Lee Min-hyung | 2023-09-03 16:48

CFD trading to partially resume with tighter regulations from September

CFD trading to partially resume with tighter regulations from September

Local securities firms will partially resume contract for difference (CFD) trading from September, while financial regulations will be strengthened to prevent stock manipulation schemes utilizing the derivative products. A CFD is a high-risk leveraged derivative contract that allows speculation on short-term market movements, without having to own real assets.

Anna J. Park | 2023-08-31 16:56

Hanwha Asset Management launches ETF tracking Japanese tech firms

Hanwha Asset Management launches ETF tracking Japanese tech firms

Hanwha Asset Management launched an exchange-traded fund (ETF) investing in Japanese materials, components and equipment industries amid growing investor interest in the Japan's high-tech semiconductor-related companies.

Lee Min-hyung | 2023-08-31 16:24

[Contribution] Understanding the impact of typhoons in Korea

ContributionUnderstanding the impact of typhoons in Korea

The western Pacific - to the north of the equator, is a breeding ground for the largest concentration of tropical cyclones on the planet. The Philippines is the country that is most exposed to these devastating storms and is hit by twenty cyclones on average each year.

2023-08-30 15:16

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1	Guide to Chuseok celebrations across Korea

2	Chuseok exodus begins ahead of extended 6-day holiday

3	Korea sees record-low births in July

4	Political battle intensifies after court rejects Lee's arrest warrant

5	Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District

6	DMZ Open Int'l Music Festival to be held in Goyang in November

7	Korea on track to prove esports prowess at Asian Games

8	Two Koreas trade barbs over nuclear war

9	Lotte focuses on health care, mobility to spur growth

10	Defense ministry launches project to find families of unidentified fallen Korean War soldiers

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