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Fri, September 29, 2023 | 07:03

Insurance firms' coverage for natural disasters triples in 5 years

Insurance firms' coverage for natural disasters triples in 5 years

Local insurance companies are feeling the force of the climate crisis, with the industry increasingly paying out claims for coverage due to natural disasters.

Anna J. Park | 2023-08-14 16:55

Stocks included in MSCI extend falls

Stocks included in MSCI extend falls

EcoPro, JYP, Hanwha Ocean and Hanmi Semiconductor suffered sharp declines on Monday, returning part of their recent gains driven by earlier expectations over their much-awaited inclusion in the MSCI Korea Index.

2023-08-14 16:20

50-year maturity mortgage loans gain popularity

50-year maturity mortgage loans gain popularity

Since major bankers newly launched 50-year maturity mortgage loans in July, balances for lenders' loan products have swelled quickly in just a month, raising concerns about the aggravated household debt situation in the country.

Anna J. Park | 2023-08-13 15:15

Seoul shares end lower on rate-hike woes; won at over 2-month low

Seoul shares end lower on rate-hike woes; won at over 2-month low

South Korean stocks closed lower Friday as uncertainties over further rate hikes emerged after data showing eased U.S. inflation was released. The local currency dipped to the lowest in over two months against the U.S. dollar.

2023-08-11 19:39

KFS forum introduces famed Korean American financiers to local investors in Seoul

KFS forum introduces famed Korean American financiers to local investors in Seoul

The Korea Finance Society (KFS) held its annual forum in Seoul on Thursday afternoon, providing a platform of networks between successful Korean American financial experts working in the U.S. and local institutional investors in Seoul.

Anna J. Park | 2023-08-10 16:37

[EXCLUSIVE] Why did Kyobo Book Centre invest in FIFTY FIFTY's controversial production company?

EXCLUSIVEWhy did Kyobo Book Centre invest in FIFTY FIFTY's controversial production company?

Kyobo Book Centre's 10 billion won ($7.6 million) investment into The Givers, an outsourced production company of K-pop group FIFTY FIFTY, is attracting attention as a legal battle rages on between the girl group and its management agency Attrakt.

Anna J. Park | 2023-08-10 16:23

Foreigners turn net buyers of Korean stocks in July

Foreigners turn net buyers of Korean stocks in July

Foreign investors turned net buyers of Korean stocks in July on a rosy outlook for the chipmaking and secondary battery sectors, central bank data showed Thursday.

2023-08-10 13:48

Controversy arises over location of alternative stock exchange

Controversy arises over location of alternative stock exchange

Controversy is arising over the location of an alternative stock exchange (ATS), as Nextrade, a newly established exchange operator, has submitted its plan to place its headquarters in Seoul.

2023-08-09 16:04

Korea's secondary batteries firms display more volatility than cryptocurrencies

Korea's secondary batteries firms display more volatility than cryptocurrencies

The recent “battery fever” of investors is showing signs of losing steam after some secondary battery shares displayed wilder fluctuations than cryptocurrencies in what analysts said may spark a possible credit crisis in the local stock market.

2023-08-09 09:05

Retail investors flock to chip stocks amid secondary battery fall

Retail investors flock to chip stocks amid secondary battery fall

Retail investors have returned to a buying spree of Samsung Electronics shares amid the dwindling stock performance of secondary battery firms, data showed Tuesday.

2023-08-08 16:58

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Top 10 Stories

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	Lotte focuses on health care, mobility to spur growth

9	Two Koreas trade barbs over nuclear war

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

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