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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Markets

Wed, June 7, 2023 | 09:03

Wall Street slips after tepid report on economy

Wall Street slips after tepid report on economy

U.S. stocks drifted lower Monday to start what could be a quiet stretch following their best week since March.

2023-06-06 08:22

Foreigners to be allowed to invest in Korean stock market without prior registration starting December

Foreigners to be allowed to invest in Korean stock market without prior registration starting December

Foreign investors will be allowed to buy Korean stocks and bonds without prior registration starting December, the state financial regulator said Monday.

2023-06-05 17:07

Retail investors bet on wrong horse despite KOSPI rally

Retail investors bet on wrong horse despite KOSPI rally

Retail investors have failed to enjoy the boon of recent stock market rallies, as they turned out to have purchased trending stocks related to post-pandemic reopening and secondary batteries at their peak prices. According to bourse operator Korea Exchange (KRX) on Monday, the monthly average rate of return for the 10 most-purchased stocks by retail investors stood at minus 2...

Anna J. Park | 2023-06-05 16:49

Ex-BOK economist to head KCCI's think tank

Ex-BOK economist to head KCCI's think tank

Park Yang-su, former director general of the Bank of Korea (BOK)'s research institute, will lead a think tank of the nation's business lobby group, the Korea Chamber of Commerce and Industry (KCCI) said Thursday.

Lee Min-hyung | 2023-06-05 09:00

Shipbuilding stocks rally over hope for 'super cycle'

Shipbuilding stocks rally over hope for 'super cycle'

Shipbuilding stocks are rallying on the back of anticipation for a “super cycle” - a period of demand-driven expansion that many market observers say takes place every 30 years in the industry.

Yi Whan-woo | 2023-06-04 16:41

Wall Street leaps, nearly escapes its bear market after strong jobs report

Wall Street leaps, nearly escapes its bear market after strong jobs report

Stocks soared higher Friday after a strong report on the U.S. job market suggested a recession may not be as close as Wall Street had feared.

2023-06-03 09:18

Seoul shares at 1-year high on hopes Fed pauses rate hikes

Seoul shares at 1-year high on hopes Fed pauses rate hikes

South Korean stocks closed at a one-year high Friday, led by large-cap tech gains, on hopes the Federal Reserve will pause its aggressive monetary tightening and the United States' debt ceiling deal will pass. The local currency rose against the U.S. dollar.

2023-06-02 19:44

Korean stocks feared to lose steam on prolonged trade deficit, real estate doldrums

Korean stocks feared to lose steam on prolonged trade deficit, real estate doldrums

Korean stocks are feared to lose steam and move within a tight range again amid concerns of a prolonged trade deficit, weak private consumption and slow real estate market conditions, analysts said.

Lee Min-hyung | 2023-06-02 15:54

Hamburger franchises having trouble in M&A market

Hamburger franchises having trouble in M&A market

It has been a while since a major burger franchise business in Korea was listed in the M&A market. Generally, their corporate value is not well received by the market, sometimes failing to find a new owner, despite best attempts to do so.

Anna J. Park | 2023-06-01 16:48

Wall Street slips as stocks slump worldwide

Wall Street slips as stocks slump worldwide

Wall Street slipped as stocks slumped worldwide Wednesday on worries about the strength of the global economy and inflation.

2023-06-01 08:49

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2	Korean food's global popularity leads to copycat products in China, Japan

3	Presidential office's plan to revamp TV viewing fees causes stir

4	International Yoga Day to celebrate well-being of body, mind

5	ROK-US alliance is now nuclear-based: President Yoon

6	Incheon announces plans to become hub for overseas Koreans

7	Egyptian national arrested for possession of cannabis cookie

8	Hyundai Motor, IKEA join hands to promote sustainable outdoor activities

9	Samsung family takes out stock loans to pay inheritance tax

10	Ex-top trade negotiator to serve as US think tank standing senior fellow

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