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Tue, November 12, 2019 | 23:20
60,000 Kolon TissueGene investors set to suffer huge losses
60,000 Kolon TissueGene investors set to suffer huge losses
Kolon TissueGene, whose market capitalization was once worth 4 trillion won ($3.29 billion), is now on the edge of being delisted from the Seoul bourse. The Kosdaq-listed firm is a U.S.-based affiliate of Kolon Life Science under Kolon Group.
Jhoo Dong-chan | 2019-08-27 16:50
Stocks, currency tumble on Sino-America trade woes
Stocks, currency tumble on Sino-America trade woes
Seoul financial markets tumbled Monday on growing concerns over an escalating trade war between the U.S. and China. Stocks dipped over 1.5 percent after a foreign selling spree, while the Korean won lost 7.2 won against the U.S. dollar. Fears are now mounting among investors over possibilities the benchmark KOSPI could dip below the 1,900 mark once again soon.
Jhoo Dong-chan | 2019-08-26 17:07
  • [INTERVIEW] 'Korea may become biggest victim of trade war'
REITs attract investors
REITs attract investors
Shares of real estate investment trusts (REITs) listed on the Seoul bourse are continuing their uptrend thanks to investors' rush to seek stable dividend income amid the nation's sluggish stock market, according to recent data.
Jhoo Dong-chan | 2019-08-25 18:14
NongHyup Bank CEO boosts overseas biz expansion
NongHyup Bank CEO boosts overseas biz expansion
NongHyup Bank CEO Lee Dae-hoon visited China and Australia to experience the business environment there before pushing for further expansion in the two countries, the bank said Sunday.
Lee Kyung-min | 2019-08-25 17:17
Regulators zero in on Woori, Hana CEOs over DLS fiasco
Regulators zero in on Woori, Hana CEOs over DLS fiasco
Woori Bank CEO Sohn Tae-seung and KEB Hana Bank CEO Ji Sung-kyoo will face intense scrutiny over allegations that they deliberately continued to sell high-risk financial products, leading to what has become a full-blown fiasco involving over 822 billion won ($681 million) in “misleading” investments.
Lee Kyung-min | 2019-08-25 17:16
GSOMIA withdrawal causes market uncertainty
GSOMIA withdrawal causes market uncertainty
Seoul's decision to withdraw from a military-intelligence sharing pact with Tokyo will increase volatility in the nation's stock and foreign exchange markets, according to analysts, Friday.
Park Jae-hyuk | 2019-08-23 16:20
Korean financial markets losing resilience
Korean financial markets losing resilience
The nation's economy finds itself between a rock and a hard place - the growing economic uncertainties raised by the renewed U.S-China trade war and its own trade war against the Japanese government.
Jhoo Dong-chan | 2019-08-18 16:35
Firms avoid IPOs amid uncertainties
Firms avoid IPOs amid uncertainties
A growing number of companies have begun delaying their planned public offerings, as the domestic stock market has become sluggish following the intensifying global trade war, according to market analysts, Sunday.
Park Jae-hyuk | 2019-08-18 16:13
US yield-curve inversion alarms Korean market
US yield-curve inversion alarms Korean market
Fears for Korea falling victim to the global economic recession have been growing among investors here, after the unusual yield-curve inversion in the United States bond market Wednesday (local time).
Park Jae-hyuk | 2019-08-15 16:08
[INTERVIEW] Korea's growth faces strong headwind
[INTERVIEW] Korea's growth faces strong headwind
Korea will see its economic growth “decelerate” sharply this year in the aftermath of ongoing trade disputes - a trade war between the U.S. and China and a trade feud between Korean and Japan, a Hong Kong-based global economist forecast Monday. She called for the Korean government to implement supplementary budgets as soon as possible and expand investment for the development...
Lee Kyung-min | 2019-08-12 17:44
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