KoreaTimes - Markets

The Korea Times

The Korea Times

The Korea Times

Finance

Markets

Fri, September 22, 2023 | 04:25

Samsung, SK hynix expect early rebound due to Nvidia earnings surprise

Samsung, SK hynix expect early rebound due to Nvidia earnings surprise

Shares of Samsung Electronics and SK hynix are forecast to achieve an earlier-than-expected recovery as a consequence of Nvidia's robust earnings growth, as demand for memory chips will rise in line with the U.S. firm's surging sales of its artificial intelligence (AI) computing solutions, market analysts said.

Lee Min-hyung | 2023-08-25 15:42

Money flows into safer ETFs amid China risk, interest burden

Money flows into safer ETFs amid China risk, interest burden

Money is flowing into safer exchange-traded funds (ETF), as investors move to reduce risks given global financial uncertainties sparked by China's real estate crash and persistently rising market interest rates.

Lee Min-hyung | 2023-08-25 08:31

Korea to sell $8.32 bil. worth of Treasurys in September

Korea to sell $8.32 bil. worth of Treasurys in September

Korea plans to sell 11 trillion won ($8.32 billion) in state bonds next month, the finance ministry said Thursday.

2023-08-24 17:51

Korean investors unfazed by rollercoaster ride of tech stocks

Korean investors unfazed by rollercoaster ride of tech stocks

More retail investors appear to be blinded by the relentless ups and downs of certain tech-linked stocks here, as people look to get rich quick after a recent bullish cycle powered by secondary battery shares.

Lee Min-hyung | 2023-08-24 16:44

Woori Financial feared to lose more ground to IBK in market cap

Woori Financial feared to lose more ground to IBK in market cap

The Industrial Bank of Korea (IBK) is on course to overtake Woori Financial Group in market capitalization, as the latter's weak earnings outlook continues to weaken investor sentiment.

Lee Min-hyung | 2023-08-24 16:02

[INTERVIEW] Korea Finance Society showcases power of community building via mentorship

INTERVIEWKorea Finance Society showcases power of community building via mentorship

Headquartered in New York, the Korea Finance Society (KFS) is a renowned organization for Korean and Korean American finance professionals with over 3,000 members, ranging from some of the most high-profile financial leaders like Joseph Bae, co-chief executive officer at KKR & Co., to young college mentees aiming to work in Wall Street after graduation.

Anna J. Park | 2023-08-24 08:31

FSS retirees opt to work at big law firms

FSS retirees opt to work at big law firms

Many recent retirees of the Financial Supervisory Service (FSS), the country's financial watchdog agency, have found their next position at big law firms, data showed.

Anna J. Park | 2023-08-23 16:47

Seoul shares end tad higher, erasing earlier tech gains

Seoul shares end tad higher, erasing earlier tech gains

Korean stocks closed slightly higher Tuesday but spent most of the session giving back their early tech gains. The Korean won went up against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) added 6.94 points, or 0.28 percent, to close at 2,515.74.Trading volume was slim at 462.1 million shares worth 9.05 trillion won ($6.77 billion), with losers outnum...

2023-08-22 21:31

Securities firms gear up for CFD trade resumption

Securities firms gear up for CFD trade resumption

Brokerage houses are moving to resume the trading of contracts for difference (CFD) after they suspended the practice in April due to scandalous stock manipulation activities.

Lee Min-hyung | 2023-08-21 16:47

Leveraged investments regain vigor in Korean asset market

Leveraged investments regain vigor in Korean asset market

Leveraged investments are regaining vigor in the capital market amid lingering fears that asset price bubbles may end up bursting due to macroeconomic uncertainties. According to data from the Korea Financial Investment Association, the credit transaction balance on the Korean stock market reached this year's new high of 20.55 trillion won ($15.3 billion) on Aug. 17. The figu...

Lee Min-hyung | 2023-08-20 16:55

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	30 people purchased 8,000 homes: data

2	National Assembly passes motion to arrest DPK chief

3	Gender equality minister nominee in hot seat over remarks on abortion

4	Seoul invites ambassadors to introduce new halal foods in Korea

5	KG Mobility seeks breakthrough in Europe

6	Civil servant mentor reappointed as labor ministry spokesman

7	S. Korea condemns Russia, seeks to mend ties with China

8	Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany

9	COVID-19 deaths hit record high in Korea for 2022

10	Shilla hotel in Da Nang recognized at World Travel Awards

DARKROOM