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Wed, November 13, 2019 | 10:35
Bio firm HLB leading Kosdaq's bullish run
Bio firm HLB leading Kosdaq's bullish run
The massive surge in share prices of biotech Hyundai Life Boat (HLB) is leading the secondary Kosdaq's bull market. Now, investors are focused on whether the bio firm's share prices will continue the current uptrend until the end of the year.
2019-10-24 22:00
Bolton visits Korea to attract investments in Rhone
Bolton visits Korea to attract investments in Rhone
Former U.S. National Security Adviser John Bolton came to Korea to meet institutional investors here and encourage their investments in Rhone Group, according to industry officials, Thursday. He has been serving as the U.S. private equity firm's (PEF) senior adviser, since he was fired in September after feuding with U.S. President Donald Trump over foreign policies including...
2019-10-24 16:25
Paper securities holders advised to claim e-securities
Paper securities holders advised to claim e-securities
The Korea Securities Depository (KSD) advised holders of paper securities certificates for shares and bonds to visit KSD, KEB Hana Bank or KB Kookmin Bank to retain their validity, Tuesday, after the e-securities system took effect Sept. 16.
2019-10-22 16:50
KB forges ties with Stifel to boost global IB biz
KB forges ties with Stifel to boost global IB biz
KB Financial Group has joined hands with Stifel Financial Corp., an American financial services firm, to bolster its investment banking business abroad, the group said Monday. Through the partnership, the two parties will seek close cooperation in investment banking, and wealth and asset management while working together to find new opportunities not only in the U.S. but also...
2019-10-21 17:08
Goldman Sachs faces backlash from investors over Helixmith
Goldman Sachs faces backlash from investors over Helixmith
Goldman Sachs has drawn a severe backlash from Helixmith and individual investors, after it flip-flopped on its outlook for the Korean biopharmaceutical firm, dragging down its target price sharply, according to industry officials, Monday.
2019-10-21 17:00
Are brokerage stock reports reliable?
Are brokerage stock reports reliable?
The nation's top five securities firms - Mirae Asset Daewoo, Korea, NH Investment & Securities, KB and Samsung Securities - have never released an investment report with a “sell” recommendation on a firm's stock over the past year.
2019-10-20 08:43
Hyundai Card to select lead manager for IPO in Nov.
Hyundai Card to select lead manager for IPO in Nov.
Hyundai Card will select a lead manager of for its initial public offering (IPO) in November at the earliest, the company said Thursday. The card issuer said it has submitted a request for proposal (RFP) to major brokerages, including Mirae Asset Daewoo and Citigroup Global Markets Securities Korea, to lead the card firm's IPO.
2019-10-17 21:30
Biz opportunities in Africa
Biz opportunities in Africa
Hana Financial Investment CEO Lee Jin-kook, third from left, Africa-Korea Economic Development Association (AKEDA) CEO Kwon O-Kyu, fourth from left, and Angolan Ambassador to Korea Edgar Gaspar Martins, third from right, pose with officials from Hana and AKEDA at the brokerage's headquarters on Yeouido in Seoul, Oct. 17. Hana and AKEDA signed a memorandum of understanding to ...
2019-10-17 17:21
Vietnam emerges as destination for Korean blockchain firms
Vietnam emerges as destination for Korean blockchain firms
Korean blockchain companies are rushing to Vietnam to find business opportunities and new revenue sources in the Southeast Asian market, which has emerged as a global blockchain innovation hub, according to industry officials, Thursday.
2019-10-17 17:07
Analysts remain bullish on Samsung Electronics
Analysts remain bullish on Samsung Electronics
Expectations are growing that Samsung Electronics' share price will rise further, after it exceeded 50,000 won ($42.08), Monday, for the first time in 16 months.
2019-10-16 17:46
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