Money | BusinessKorea

Tuesday, December 12, 2017

Money

Foreign investors net sold 1.65 trillion won (US$1.44 billion) worth of stocks on the KOSPI and KOSDAQ markets this month.
Exodus from Market Starting?
29 September 2017 - 12:00pm
There are concerns that the exodus of global investors has begun amid growing concerns over geopolitical risks. South Korean stocks ended lower as foreign investors started offloading local stocks...
The total assets of real estate funds are expected to surpass 60 trillion won (US$52.89 billion) by the end of this year.
Surpassing 60 Trillion Won
26 September 2017 - 12:00pm
As the amount of real estate fund raising have increased for 24 months in a row, its total assets are expected to surpass 60 trillion won (US$52.89 billion) by the end of this year. In contrast,...
The Bitcoin trading volume of Korea stood third in the world.
Regulations Needed
25 September 2017 - 7:45pm
It has been found that the Bitcoin trading volume of Korea stood third in the world. According to Bitcoin-specialized media CryptoCoinsNews and Coin Telegraph on September 24, the daily Bitcoin...
Financial Supervisory Service (FSS) of Korea conducted a due diligence on four securities firms that have applied for large investment banking licenses, except for Samsung Securities.
Breeze or Typhoon?
25 September 2017 - 11:00am
All eyes are on whether mega investment banks (IBs) to be launched next month will be able to grow into the Korean-version of Goldman Sachs, creating a sensation in the capital market. However, a...
The Korean government will sell a combined 5.8 trillion won (US$5.12 billion) worth of state bonds through a competitive bid in October.   The Ministry of Strategy and Finance announced the “State Bond Issuance Plans for October 2017 & State Bond Issuanc
Issuing State Bonds
22 September 2017 - 2:00pm
The Korean government will sell a combined 5.8 trillion won (US$5.12 billion) worth of state bonds through a competitive bid in October. The Ministry of Strategy and Finance announced the “State Bond...
The Korea Deposit Insurance Corporation (KDIC) signed an MOU with the World Bank to develop the deposit insurance systems of developing countries.
For Developing Countries
22 September 2017 - 10:15am
The Korea Deposit Insurance Corporation (KDIC) announced on September 21 that it signed an MOU with the World Bank in order to work with the bank in developing the deposit insurance systems and...
JP Morgan Asset Management has decided to withdraw from retail sales business in South Korea on September 20.
Withdrawal from Market
21 September 2017 - 12:00pm
According to investment banking industry sources on September 20, JP Morgan Asset Management notified to fund sellers that it would withdraw from retail sales business on the same day. Accordingly,...
Private equity fund sales recorded at 270.98 trillion won (US$239.81 billion), accounting for 56.3 percent of the total fund sales, as of the end of July.
Fever of Alternative Investment
13 September 2017 - 12:00pm
According to the Korea Financial Investment Association (KOFIA) on September 12, the combined sales of public offering funds and private equity funds amounted to 480.95 trillion won (US$425.62...
The KOSDAQ index has shown a rising trend from the end of last month when the trading value started increasing, growing from 640 on August 24 to 650 now.
Rebounding Expected
12 September 2017 - 11:15am
The daily trading value of the KOSDAQ surpassed 3 trillion won (US$2.65 billion). Experts expect that the KOSDAQ index will harden the bottom and rebound again. According to the Korea Exchange on...
It is pointed out that Korean banks are still employing outdated management to depend too much on making profits from loans, making it difficult to make a big improvement in profitability.
Banking Competitiveness
12 September 2017 - 11:00am
The growth of Korean banks' global competitiveness has been marking time for several years. Many experts blamed it on the fact that the government has a poor understanding of the financial industry...
Foreigners owned 559.797 trillion won (US$503.8 billion), or 37.1 percent of the total market capitalization (1.508 quadrillion won or US$1.357 trillion) of all KOSPI-listed companies as of September 6.
Foreigners’ Market Cap
11 September 2017 - 6:30pm
Foreigners’ proportion of total market cap of all KOSPI-listed companies rose to 37% level first in 11 years On September 11, the Korea Exchange reported that foreigners owned 559.797 trillion won (...
Christine Lagarde, managing director of the International Monetary Fund (IMF) is delivering a speech in a the BOK and IMF-hosted international conference in Seoul on Sept. 7. (photo courtesy: Yonhap)
IMF’s Forecast
11 September 2017 - 6:30pm
"The IMF expects Korea's economic growth rate to be 3.0 percent this year and next year," said Christine Lagarde, managing director of the International Monetary Fund (IMF) in a press conference held...

Pages

Subscribe to Money

Copyright 2013 BusinessKorea Co., Ltd.
301 Samdo Building, 12-1
Yeoido-dong, Yeongdeungpo-gu
Seoul, Korea 150-010
Tel: +82-2-578-3220
Fax: +82-2-578-3224
Email: contact@businesskorea.co.kr

 
 

Web design by: