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Tuesday, December 12, 2017

Money

The weak yen coupled with interest rate hikes by the Fed is said to be a huge risk on the part of the South Korean economy.
Potential Risk
31 October 2017 - 11:45am
The exchange rate of the Japanese yen is one of the major indices that affect the South Korean economy. South Korea’s petrochemical, steel, machinery, automobile, consumer electronics and IT exports...
Nearly 20 percent out of some 700 trillion won (US$621.95 billion) worth of South Korean stocks and bonds held by foreign investors originates from regions deemed as tax havens.
Heightening Financial Volatility
27 October 2017 - 10:45am
Out of some 700 trillion won (US$621.95 billion) worth of South Korean stocks and bonds held by foreign investors, nearly 20 percent originates from regions deemed as tax havens, raising concerns...
The Export-Import Bank of Korea has issued a global bond worth a total of US$2 billion on October 25.
Issuing Global Bond
26 October 2017 - 12:00pm
The Export-Import Bank of Korea issued a global bond worth a total of US$2 billion on October 25. It is the largest one of those issued this year by South Korean institutions. The triple tranche...
Dunamu, which operates Kakao stock app for securities trading, has started providing an open beta service for a cryptocurrency exchange called “Upbit” from October 24.
Open Beta Service
25 October 2017 - 12:30pm
Korean fintech company Dunamu Inc., which operates a popular securities trading app called Kakao Stock, announced that it has started providing an open beta service for a cryptocurrency exchange...
The Korean government aims to keep the household debt increase rate by 0.5 to 1 percentage point lower than the current forecast, until the annual increase rate drops to an 8 percent level over the next five years.
Regulating Household Debts
25 October 2017 - 12:15pm
The South Korean government is to curb the nation’s total amount of household debt hovering at nearly 1.400 quadillion won (US$1.24 trillion). This is because household loans have increased by 129...
The price of bitcoin is continuously on the increase due to expectations that it would undergo another split at the end of this month.
Bitcoin Rally
24 October 2017 - 12:00pm
Bitcoin price, which doesn’t have a ceiling, continues to show a steep rise, surpassing 7 million won (US$6,189). Considering the fact that bitcoin was traded at around 1.2 million won (US$1,061)...
The aggregate value of the South Korean stock market grew by no less than 25.1% for the most recent one-year period, ranking fifth in the world in terms of growth rate.
Market Value
24 October 2017 - 12:00pm
Bloomberg reported that the aggregate market value of the global stock markets hit an all-time high of US$88.589 trillion on October 19, up 35% from a year ago. The global stock market rally is based...
Kim Dong-yeon, deputy prime minister and minister of strategy and finance of Korea, is shaking hands with Alberta Moreno, IDB president after signing the 2nd IDB-EDCF Cooperation Loan Facility Agreement at the Korea-Lac Business Summit.
Expanding Cooperation with Latin America
24 October 2017 - 3:00am
The Korean government signed an agreement with the Inter-American Development Bank (IDB) for an additional US$ 300 million in a syndicate loan from the Economic Development and Cooperation Fund (EDCF...
The blockchain consortium of 26 South Korean securities companies unveils their Chain ID on October 31 to open their blockchain-based joint authentication service.
First In the World
23 October 2017 - 1:00pm
The Korea Financial Investment Association (KOFIA) announced on October 22 that the blockchain consortium of 26 South Korean securities companies unveils their Chain ID on October 31 to open their...
Foreign investors sold a total of US$4.3 billion (4.87 trillion won) worth of Korean stocks and in September.
Owing to North Korea Risk
19 October 2017 - 11:00am
Foreign capital outflows from the South Korean securities market surpassed US$4 billion (4.53 trillion won) in September amid escalated geopolitical tensions after North Korean carried out the sixth...
Domestic equity funds showed a minus 0.13 percent return in the third quarter while the net asset of funds was up 1.46 trillion won (US$1.29 billion) from the previous quarter.
Fund Earnings Rate
18 October 2017 - 12:45pm
According to a “2017 Q3 fund evaluation report” released by market data provider FnGuide on October 13, domestic equity funds showed a minus 0.13 percent return in the third quarter. However, the net...
Bullish Global Market Pushes up Korea’s ELS Issuance by 15%
ELS Issuance
18 October 2017 - 12:30pm
According to the Korea Securities Depository (KSD) on October 17, South Korea's issuance of equity-linked securities (ELS) stood at 18.12 trillion won (US$16.03 billion) in the third quarter this...

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