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Tue, January 21, 2020 | 02:22

'Investors should consider buying construction stocks'

'Investors should consider buying construction stocks'

Investors should pay more attention to construction stocks, as their valuations will likely head upward after they recently hit bottom in the face of “super-tight” real estate regulations, analysts said Wednesday.

Lee Min-hyung | 2019-12-29 16:54

Korea regains biggest foreign investor status in Vietnam

Korea regains biggest foreign investor status in Vietnam

Korea has regained its status as the biggest foreign investor in Vietnam in 2019, surpassing Japan which clinched the spot for the past two years, according to data. Data, released by Vietnam's Ministry of Planning and Investment (MPI), showed that Korea has invested $7.92 billion (9.2 trillion won) in the Southeast Asian country from the beginning of this year to Dec. 20.

Lee Min-hyung | 2019-12-26 17:59

Foreign brokerages paint rosy picture for Seoul stocks

Foreign brokerages have put forward an optimistic outlook for the benchmark KOSPI next year based on expectations of a global economic recovery and a boost in tech company earnings expected to drive the Seoul bourse on the back of improvements in the chip market.

Kim Bo-eun | 2019-12-26 15:01

Korean won to strengthen on easing trade tension in 2020

Korean won to strengthen on easing trade tension in 2020

The Korean won will gain ground against the U.S. dollar in 2020 amid abating signs of external trade uncertainties, analysts said Wednesday. The local currency closed at 1,163.9 won against the dollar, Tuesday, a slight drop of 0.4 won from a day ago.

Lee Min-hyung | 2019-12-25 16:34

Will coin market ride Santa rally?

Will coin market ride Santa rally?

Bitcoin is enjoying the year-end Santa Claus rally, with its price gaining an upward momentum in recent days. As of 1 a.m. on Dec. 24, the world's largest cryptocurrency in terms of market capitalization was traded at 8.49 million won ($ 7,298), up 2.85 percent from the same time on Dec. 20, according to data by Morningstar.

Lee Min-hyung | 2019-12-24 16:40

Foreigners contribute to Seoul's rising real estate prices

Foreigners contribute to Seoul's rising real estate prices

The number of homes in Seoul bought by foreigners has jumped over the past four years, contributing to a continued rise in prices of residential buildings in the capital, data showed Monday.

Lee Kyung-min | 2019-12-23 17:21

KOSPI expected to enjoy Santa rally amid foreign buying revival

KOSPI expected to enjoy Santa rally amid foreign buying revival

Hopes are growing that Korean stocks will ride on the year-end Santa Claus rally, as foreign investors return to the purchasing side of large-cap semiconductor shares, analysts said Monday. The benchmark KOSPI fluctuated throughout the year largely because of unfavorable chip market conditions. The murky outlook for the chip rebound drove down valuation of the nation's two la...

Lee Min-hyung | 2019-12-23 16:47

[INTERVIEW] Orchestra seeks to buy Japanese parts makers

[INTERVIEW] Orchestra seeks to buy Japanese parts makers

The trade dispute between Seoul and Tokyo, which was sparked after the Korean Supreme Court ordered Japanese firms to compensate surviving South Korean victims of wartime forced labor, has distressed semiconductor and display makers here throughout the second half of 2019.

Park Jae-hyuk | 2019-12-22 14:23

Shinhan, KB choose stability over change in year-end reshuffles

Shinhan, KB choose stability over change in year-end reshuffles

Shinhan Financial Group and KB Financial Group have placed stability over change in their year-end reshuffle of CEOs by making few changes to their current leadership, the nation's two largest financial holding companies said Friday. This allows all of seven CEOs of KB affiliates - such as KB Kookmin Card and KB Insurance - to extend their presidencies in 2020. In November, K...

Lee Min-hyung | 2019-12-20 17:06

Mirae Asset to enter aircraft lease biz

Mirae Asset to enter aircraft lease biz

Mirae Asset Group is seeking to enter the aircraft leasing business in a move to maximize synergy with its soon-to-be business partner Asiana Airlines, the nation's second-largest carrier, industry sources said Friday.

Lee Kyung-min | 2019-12-20 17:03

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