KoreaTimes - Finance

The Korea Times

The Korea Times

The Korea Times

Finance

Sun, October 1, 2023 | 14:43

Korea's drop in exports eases in Sept. on chip sales recovery

Korea's drop in exports eases in Sept. on chip sales recovery

Korea's exports fell for the 12th consecutive month in September but logged the smallest on-year decline so far this year, as global demand for semiconductors has been on the recovery track, the industry ministry said Sunday.

2023-10-01 10:36

Households in capital area hold 70% more in assets than non-metropolitan families: data

Households in capital area hold 70% more in assets than non-metropolitan families: data

Assets held by Korean households in Seoul and the surrounding metropolitan areas were some 70 percent larger than those owned by households in the non-metropolitan regions, data showed Saturday.

2023-09-30 14:53

Are 'finfluencers' helping or harming investment community?

Are 'finfluencers' helping or harming investment community?

Concerns are mounting over the rising impact of social media influencers on the domestic stock market.

2023-09-29 11:26

Korea fails to be included on FTSE Russell's global bond index

Korea fails to be included on FTSE Russell's global bond index

Korea has failed to have its government bond markets included in the World Government Bond Index (WGBI) issued by FTSE Russell, the company said Thursday (local time), placing the country again on a waitlist for its next review in six months time.

2023-09-29 10:14

Value, consumer goods, financial stocks expected to gain momentum after Chuseok holiday

Value, consumer goods, financial stocks expected to gain momentum after Chuseok holiday

Korean stock markets have entered into a wait-and-see phase ahead of a long weekend starting Thursday. With the Chuseok holiday and the National Foundation Day on Oct. 3 combining this year to create the six-day-long holiday, the local stock market is closed from Sept. 28 until Oct. 3.

2023-09-28 15:06

BOK likely to stand pat again next month on Fed's rate freeze, slowdown

BOK likely to stand pat again next month on Fed's rate freeze, slowdown

The U.S. Federal Reserve's rate pause this month may give relief to Korea's central bank, which is widely expected to stand pat again on its rate level next month amid concerns over an economic slowdown and rising household debt.

2023-09-28 11:11

Seoul shares snap 4-day losing run; won falls to fresh yearly low

Seoul shares snap 4-day losing run; won falls to fresh yearly low

South Korean stocks finished slightly higher Wednesday following recent sharp losses amid concerns about the Federal Reserve's further interest rate hikes and the U.S. economic outlook.

2023-09-27 19:17

BOK sells net $5.97 billion in market-smoothing operations in Q2

BOK sells net $5.97 billion in market-smoothing operations in Q2

The Bank of Korea said Wednesday it sold a net $5.97 billion in the second quarter of the year to help ease the decline of the local currency against the U.S. dollar.

2023-09-27 18:45

Korea-Qatar LNG alliance strengthens with bilateral summit

Korea-Qatar LNG alliance strengthens with bilateral summit

The recent diplomatic summit between energy ministers from Korea and Qatar has established the basis for a bilateral energy alliance that can develop further through trading natural energy resources and transport tankers.

2023-09-27 15:07

KDIC strengthens exchanges with US FDIC

KDIC strengthens exchanges with US FDIC

The Korea Deposit Insurance Corporation (KDIC) and the Federal Deposit Insurance Corporation (FDIC) have agreed to enhance mutual cooperation and strengthen information sharing between the two organizations. The FDIC is a U.S. government corporation that supplies deposit insurance to depositors in American commercial banks and savings banks.

2023-09-27 15:02

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