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The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Markets

Tue, March 21, 2023 | 19:27

Seoul stocks up for 4th day on foreign buying

Seoul stocks up for 4th day on foreign buying

Seoul stocks surged over 1 percent Thursday, as foreign investors scooped up market heavyweights in the run-up to the corporate earnings season. The Korean won advanced against the U.S. dollar.

2023-01-26 16:49

Korean firms' weak earnings outlook to burden KOSPI

Korean firms' weak earnings outlook to burden KOSPI

The Korean stock market is feared to face an adjustment period on escalating fears of recession and conglomerates' dismal earnings outlooks. The negative outlook came amid growing skepticism over major firms' earnings growth on falling demand for Korea's major export items.

Lee Min-hyung | 2023-01-26 15:58

[Contribution]Gender diversity makes companies strong

ContributionGender diversity makes companies strong

It may be hard to believe, but banks in the 1970s had a system requiring female employees to sign a written promise stating that “only unmarried women can work here.” Back then, foreign banks allowed women to keep working after marriage, but their counterparts at domestic banks struggled with severe gender inequality. Bank employees were hired separately - men as “regular ban...

2023-01-26 08:20

Seoul shares close more than 1% higher on tech gains

Seoul shares close more than 1% higher on tech gains

Seoul stocks closed more than 1 percent higher Wednesday on tech gains, as investors were hopeful that the U.S. Federal Reserve could ease the pace of rate increases. The Korean won rose against the U.S. dollar.The benchmark Korea Composite Stock Price Index (KOSPI) climbed 33.31 points, or 1.39 percent, to 2.428.57.Trading volume was moderate at 539.8 million shares worth 6....

2023-01-25 21:02

Corporate direct financing down in 2022 on stock, bond market slumps

Corporate direct financing down in 2022 on stock, bond market slumps

Corporate direct financing in Korea shrank in 2022 due to slumps in stock and bond markets caused by worries over inflation and rising borrowing costs, data showed Wednesday.

2023-01-25 13:24

[ANALYSIS] China's reopening to help ease inventory woes

ANALYSISChina's reopening to help ease inventory woes

Even as the worst point of the COVID-19 disruptions has eased a bit, recently, its real impact continues to ripple throughout the world's leading economies including the United States and China.

Kim Yoo-chul | 2023-01-25 09:38

Easing of pandemic pushes up tourism, aviation stocks

Easing of pandemic pushes up tourism, aviation stocks

Tourism and aviation stocks are on track for a robust rally on growing hopes for an end to the pandemic, as authorities here and abroad display signs of easing quarantine measures. According to data from the Korea Exchange, the nation's representative tourism stocks reported double-digit growth for the first three weeks of January.

Lee Min-hyung | 2023-01-24 15:56

Korea to lift mandatory registration policy for foreign investors in 2023

Korea to lift mandatory registration policy for foreign investors in 2023

Korea's financial regulator said Tuesday it plans to abolish the existing mandatory registration policy for foreigners investing in local stocks within this year, in line with efforts to meet global standards.

2023-01-24 15:33

Upcoming FOMC to determine movement of Korean stocks, cryptocurrencies

Upcoming FOMC to determine movement of Korean stocks, cryptocurrencies

The U.S. Federal Reserve's upcoming message on its possible policy shift will determine whether Korean stocks can extend their rare momentum for a rally even after the Lunar New Year holiday. According to data from the Korea Exchange, the benchmark KOSPI is on a path for a gradual rebound with an increase of 7.6 percent between Jan. 2 and 16.

Lee Min-hyung | 2023-01-24 08:58

Brokerage houses heat up race in securities token market

Brokerage houses heat up race in securities token market

Brokerage houses here are preparing to jump into the nascent securities token market after a financial watchdog approved Thursday the issuance of blockchain-powered digital tokens. Financial Services Commission (FSC) Chairman Kim Joo-hyun said securities token offerings (STO) will be legally available in Korea. The decision came amid growing demand for tokenized digital asset...

Lee Min-hyung | 2023-01-19 15:49

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