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Finance

Markets

Tue, January 21, 2020 | 03:37

Investors bet big on Samsung for rising chip prices

Investors bet big on Samsung for rising chip prices

Shares of Samsung Electronics are on a steep rise amid an earlier-than-expected price rebound in DRAM memory chips, analysts said Friday. Starting earlier this month, the stock price of the world's largest memory chip vendor showed an upward spiral, as market demand for memory chips started showing signs of recovery, they said.

Lee Min-hyung | 2019-12-20 16:29

30-somethings emerging as major real estate players

30-somethings emerging as major real estate players

Those in their 30s are emerging as major real estate players, topping the list of age groups in apartment purchases in Seoul. According to data by the Korea Appraisal Board, people in their 30s signed 10,876 contracts to buy apartments in the capital city between January and September this year.

Lee Min-hyung | 2019-12-18 16:00

Seoul stocks fail to ride on bullish markets

Seoul stocks fail to ride on bullish markets

The Korean stock market has remained stagnant for the past decade, even if those from the world's most developed countries continued bullish runs during the same period. Experts said this was because the nation's economic structure relies heavily on cyclical stocks. The benchmark KOSPI stood around the 1,700-point mark by the end of 2009. But the figure only inched up to 2,16...

Lee Min-hyung | 2019-12-18 13:57

'Chip recovery to drive KOSPI up to 2,300 in 2020'

'Chip recovery to drive KOSPI up to 2,300 in 2020'

The potential rebound of the semiconductor industry will drive up the benchmark KOSPI to as high as 2,300 points in 2020, a senior securities expert said Monday. “KOSPI's expected trading band will be between 2,000 and 2,300 in 2020, as large-cap chip stocks here are on track to recover their valuation,” Park Seung-young, head of the investment strategy team at Hanwha Investm...

Lee Min-hyung | 2019-12-16 17:32

Consumers displeased with insurance premium hikes amid downturn

Consumers displeased with insurance premium hikes amid downturn

A growing number of insurance subscribers are expressing displeasure with planned premium hikes as many households struggle to cope with the ongoing economic downturn.

Lee Kyung-min | 2019-12-15 17:10

KOSPI regains vigor on US-China trade deal

KOSPI regains vigor on US-China trade deal

The South Korean stock market is expected to jump on a stable track for a rebound this week on a positive signal that the United States and China show signs of reaching an interim deal in their long-lasting trade dispute, analysts said Sunday. Starting from November, the outlook for the benchmark KOSPI remained negative, with foreign investors engaging in a selling spree of l...

Lee Min-hyung | 2019-12-15 16:04

'Self-learning bot will drive digitization of BC Card'

'Self-learning bot will drive digitization of BC Card'

In a period of low growth and weak domestic consumption, card companies are busy finding the next cash cow and realigning their business structures in the face of looming challenges amid a dismal outlook for a short-term economic rebound here. A range of statistics data has also added to concerns that the Korean economy will continue to suffer from setbacks for the near futur...

Lee Min-hyung | 2019-12-15 05:25

Seoul stocks set to extend gains next week on trade deal optimism

South Korean stocks are expected to continue to rise next week on improved investor sentiment amid a looming trade deal between the United States and China, analysts said Saturday.

2019-12-14 11:33

Kang, Seong appointed McKinsey partners

Kang, Seong appointed McKinsey partners

McKinsey & Company has appointed associate partner Kang Young-hoon and senior fellow Seong Jeong-min as its new partners, the global consulting firm's Korean office said Thursday.

Park Jae-hyuk | 2019-12-12 15:28

Foreigners' sell-offs of Korean equities continue in November

Foreigners' sell-offs of Korean equities continue in November

Foreign investors continued to net sell both South Korean stocks and bonds in November, reducing their stake here by the largest margin in over a year, central bank data showed Tuesday. Foreigners net sold a combined total of US$3.96 billion of local stocks and bonds in the month, the largest amount since October 2018, when they dumped $4.27 billion worth of local shares and ...

2019-12-10 14:00

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