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With the liberal opposition clinching a landslide victory in Wednesday's general election, expectations over President Yoon Suk Yeol’s economic policies that favor stock market investment falter. Yoon’s People Power Party faced a major defeat in the parliamentary elections, as the main oppositio...
Foreign investors sustained a five-month buying streak in the South Korean stock market, resulting in an unprecedented quarterly volume. The Financial Supervisory Service disclosed Monday that foreign investors amassed a total of 15.8 trillion won ($11.67 billion) worth of local shares in the firs...
Financial sector rises while secondary battery stocks decline As stock prices of large-cap stocks fluctuate since the beginning of the year, the ranking of the top companies by market capitalization has changed significantly. Expectations surrounding “value-up” programs have led to a surge in r...
Webull Corporation, a prominent US-based online stock trading platform, has initiated preliminary operations to establish its presence in South Korea. Speculation surrounding the debut of the New York-headquartered company's services rose recently following reports indicating Webull's engagement w...
Foreign investors remained net buyers of South Korean stocks for a fourth consecutive month in February, data showed Tuesday. Offshore investors scooped up a net 7.37 trillion won ($5.62 billion) worth of local shares last month, sharply up from a net purchase of 3.14 trillion won the previous mon...
The financial regulator on Monday unveiled a set of plans that advise banks and brokerages to compensate losses from derivative products tracking Chinese stocks listed on the Hong Kong exchange. The Financial Supervisory Service (FSS) said its preliminary inspection, conducted for two months since...
Following the high-profile visit of Meta CEO Mark Zuckerberg this week, stocks related to advanced technologies including artificial intelligence, augmented reality and display panels are gaining attention. In a report on Friday, Korea Investment and Securities suggested eight stocks, including Sa...
A tense faceoff between shareholders and Samsung C&T management is expected, as five foreign activist funds have teamed up to demand the Korean firm return its profit to shareholders through dividends and a share buyback program that would amount to some 1.2 trillion won ($900 million). In a regul...
Shinhan Financial Group Chairman Jin Ok-dong believes that undervalued Korean stocks including his banking group’s shares could gain impetus with the government’s strong drive with its upcoming market revamp program aimed at creating a new investment wave. With the Korean financial authorities s...
South Korean companies are facing increasing shareholder activism with the government's recent push for improvements in corporate governance expected to fuel the trend, according to industry experts on Thursday. A report released Thursday by Diligent Market Intelligence, a solution from governance...
Global X Canada debuts as Mirae Asset aims unified global ETF brand
Celltrion seeks bigger footing in South America
LG CNS enters steel scrap market
Inflation eases in April, continues ‘bumpy’ ride
Hyundai Rotem to export armored vehicles to Peru
Mercedes-Benz Financial names new Korea chief