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Sun, October 1, 2023 | 11:17

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

Presence of global investment banks diminish in local IPO market

Presence of global investment banks diminish in local IPO market

Local branches of global investment banks (IB) operating in Korea have barely been seen in domestic initial public offering (IPO) undertakings during the first half of this year, owing to the lack of trillion-won-sized major public offering deals in the country.

Anna J. Park | 2023-08-07 16:38

Ex-Deutsche Bank president takes office as new leader of IMM Asset Management

Ex-Deutsche Bank president takes office as new leader of IMM Asset Management

Kim Hyun-jung, former chief of Deutsche Bank's institutional sales division, has pledged to provide diversified investment solutions to investors that encompass both traditional and alternative assets, after taking office as the first leader of IMM Asset Management.

2023-08-07 08:34

Securities firms face heightened rivalry for new customers amid battery investment hype

Securities firms face heightened rivalry for new customers amid battery investment hype

Brokerage houses are intensifying competition to attract new retail investors amid reviving stock sentiment driven by unprecedented hype over secondary battery shares.

2023-08-06 15:55

FSS chief to join overseas investor relations event in London to promote 'K-Finance'

FSS chief to join overseas investor relations event in London to promote 'K-Finance'

Financial Supervisory Service (FSS) Governor Lee Bok-hyun is scheduled to join a financial firms' investor relations event in London in September, aiming to facilitate the promotion of the local financial industry.

Anna J. Park | 2023-08-04 15:25

Retail investors flock to superconductor stocks

Retail investors flock to superconductor stocks

Retail investors' enthusiasm is moving towards superconductors, resulting in stock price rallies in companies perceived as related to the technology. The trend follows the local stock markets' recent feverish advance toward secondary battery-themed stocks.

Anna J. Park | 2023-08-04 08:21

Why is embezzlement continuing at banks?

Why is embezzlement continuing at banks?

Questions have arisen over the high number of embezzlement cases involving bank employees in the country. Market watchers point out that binding rules and responsibilities on banks' internal control initiatives need to be strengthened, as the financial authorities' current non-binding guidelines fall short of changing banks' practices.

Anna J. Park | 2023-08-03 16:49

[CONTRIBUTION]Battery stocks and animal spirits

CONTRIBUTIONBattery stocks and animal spirits

These days, the stock market seems to fluctuate due to animal spirits, characterized by impulsive behavior. In particular, stocks related to secondary batteries are experiencing significant fluctuations of 10-20 percent per day. With record high levels of short selling and credit loan balances for these stocks, the volatility is becoming worrisome.

2023-08-03 14:14

[INTERVIEW] Gov't move to break banking oligopoly not expected to cause major shifts

INTERVIEWGov't move to break banking oligopoly not expected to cause major shifts

Despite financial authorities' recent decision to break the banking industry's de facto oligopoly and spur competition, the banking sector is not likely to see a major shift in its competitive landscape, S&P Global Ratings' senior credit analyst estimates.

Anna J. Park | 2023-08-03 09:24

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