Money | BusinessKorea

Sunday, February 25, 2018


The stocks included in the MSCI’s Korean Index became the main target of short stock selling forces.
Due to MSCI’s Korean Index
6 December 2017 - 10:00am
The stocks included in the developed market index became the main target of short stock selling forces. As Celltrion Healthcare Co., SillaJen Inc. and ING Life Insurance Co. were included in the...
Goldman Sachs forecast the benchmark Korea Composite Stock Price Index (KOSPI) to reach the 2,900-point level in 2018.
Rosy Forecast
6 December 2017 - 9:45am
Goldman Sachs predicted that the benchmark Korea Composite Stock Price Index (KOSPI) would reach the 2,900-point level and South Korea's per-capita gross domestic product (GDP) would surpass US$30,...
A heated discussion over whether or not virtual currency transaction is a trade similar to the depositary business which does not need further legal permission is expected to take place.
Curbing ‘Pathological Social Phenomenon’
5 December 2017 - 10:30am
As South Korean prime minister Lee Nak-yon said the recent overheating investment on virtual currency, including Bitcoin, is a “speculation” and “pathological social phenomenon,” the National...
IFM Investors CEO Brett Himbury delivers a speech in a press conference at the Four Season Hotel located in Gwanghwamun, Seoul.(photo courtesy: IFM)
Targeting Energy and Transport Sectors
1 December 2017 - 11:15am
IFM Investors announced on November 30 that it established an office in South Korea.  IFM Investors is a global asset management company owned by 28 Australian pension funds. The company is planning...
Some local investors have doubts that foreign securities companies intentionally induce a drop in stock prices with negative reports to make profits through short stock selling.
Targeting Short Selling
29 November 2017 - 9:30am
As Samsung Electronics Co. shares fell more than 5 percent due to “Morgan Stanley shock,” there is a growing fear of foreign securities firms’ reports among investors. A conspiracy theory about the...
A series of negative reports by foreign investment banks are raising a growing sense of doubts over such reports.
What is the Truth?
28 November 2017 - 10:30am
As a negative report on Samsung Electronics came out after Celltrion and the Korean stock market faltered, there is a growing sense of doubts over reports issued by foreign investment banks (IBs). In...
Experts say Seoul Bourse has a “fragile mentality.”
Fragile Seoul Bourse
28 November 2017 - 10:00am
The South Korean stock market is faltering due to a research report issued by a foreign investment bank (IB). Accordingly, experts say the domestic stock market has a “fragile mentality.” On November...
The price of bitcoin stood at 1,002,7000 won (US$9,232) at 3:10 pm on November 26, which surged 66 percent in just 45 days.
Skyrocketing Price
27 November 2017 - 11:30am
As the price of bitcoin has recorded a very strong trend at the domestic exchange day after day, it surpassed 10 million won (US$9,207) on November 26.  South Korean exchange Bithumb, the world's...
Some analysts predict the KOSDAQ index will keep the 800 mark and even can reach up to 900 mark.
Possible to Reach the 900 Mark?
27 November 2017 - 10:15am
As the government has adopted a policy to activate the secondary KOSDAQ market and there are growing expectations of listed firms’ performance improvement, the KOSDAQ index broke the 800 mark during...
The won-dollar exchange rate showed a strong downward trend again on November 24 and finally closed at 1,085.4 won, down 3.7 won from the previous trading day.
Missing the Timing
27 November 2017 - 9:15am
After the won-dollar exchange rate falls below 1,100 won, 1,090 won has been the psychological Maginot line in the foreign exchange market. In short, the market expected the government would have a...
Coinone and Upbit went down with server connection failure at the same time. (photo courtesy: Coinone)
Due To Disconnected Servers
23 November 2017 - 11:45am
The price of virtual currency bitcoin surpassed 9 million won (US$8,246) for the first time ever, creating the investment frenzy. As South Korea's cryptocurrency exchanges have experienced a series...
The daily trading volume on the Kosdaq market surpassed 10 trillion won (US$9.16 billion) for the first time since its opening, bearing down the main Korea Composite Stock Price Index (Kospi) bourse.
More Popular
23 November 2017 - 10:45am
The secondary Korea Securities Dealers Automated Quotations (Kosdaq) market has recently been on a roll with its benchmark price index flirting with the 800-point level. The daily trading volume on...


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