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Wednesday, October 18, 2017

Money

The top management of the EFT Business Division at Mirae Asset Global Investments discussed investment strategy in the Mirae Asset Global ETF Rally at Fairmont Orchid Hotel in Hawaii in February 2017.
Global Expansion
14 July 2017 - 11:00am
Mirae Asset Global Investments announced on July 13 that the net assets of Mirae Asset Global Exchange ETF which advanced into sixteen countries including Korea, Canada, Australia, Hong Kong, the...
The market capitalization of stocks owned by foreigners in Seoul bourse surpassed 600 trillion won (US$540 billion) for the first time in history.
Foreign-owned Market Cap
13 July 2017 - 5:15pm
The market capitalization of stocks owned by foreigners in the Korean stock market broke through 600 trillion won (US$540 billion) for the first time in history. According to KOSCOM, the market cap...
Lee Ju-yeol, governor of the Bank of Korea, is bagging the gavel at a plenary session of the Monetary Policy Committee held at the bank’s office in Samsung Main Building on July 13.
Basic Rate Frozen
13 July 2017 - 5:15pm
The Bank of Korea (BOK) chose to freeze the benchmark interest rate in a dilemma where pressure was mounting to maintain a basic easing tone and switch to retrenchment at the same time. On July 13,...
The Korea Financial Investment Association (KOFIA) has signed a memorandum of understanding (MOU) with the Korea Growth Investment Corporation (K-Growth) to active the collection market through the K-OTC PRO.
Promotion of Collection Market
13 July 2017 - 11:15am
The Korea Financial Investment Association (KOFIA) announced on July 12 that it has signed a memorandum of understanding (MOU) with the Korea Growth Investment Corporation (K-Growth) to active the...
The issuance of derivatives-linked securities (DLS) in Korea topped 16 trillion won (US$14 billion) in the first half of this year.
Largest in 12 Years
13 July 2017 - 11:00am
With the rising demand for reinvestment due to the advanced redemption of equity-linked securities (ELS), the issuance of derivatives-linked securities (DLS) in the first half of this year topped 16...
US$ 3.09 billion of foreign investment funds flew into the Korean stock market in June.
Amid Korean Won Depreciation
12 July 2017 - 6:30pm
In June, the Korean financial market continued to stay stable thanks to an inflow of foreign investment funds. According to "International Financial and Foreign Exchange Market Trends in May 2017,"...
The Korean securities industry and fintech firms are planning to test blockchain-based authentication platform late this month.
Application of Blackchain
12 July 2017 - 11:15am
According to industry sources, 10 South Korean securities firms, including Mirae Asset Daewoo, NH Investment & Securities and Yuanta Securities, are planning to test their blockchain-based...
Yim Jong-yong, chairman of the Financial Services Commission (FSC), asked MSCI chairman Henry Fernandez to "review more realistically" Korea's push for the inclusion of its stock markets on the MSCI developed market index on July 11.
Offshore Trading
11 July 2017 - 9:00pm
The Financial Services Commission (FSC) announced on July 11 that Yim Jong-yong, chairman of the FSC, had a meeting with Morgan Stanley Capital International (MSCI) chairman and CEO Henry Fernandez...
The front view of NH Nonghyup Bank.
Successful Issuance
11 July 2017 - 5:15pm
NH Nonghyup Bank announced on July 11 that it has successfully issued US$500 million (574.55 billion won) worth of global senior unsecured bonds with maturities of five years. It is the first Korean...
Foreign investors’ holdings of Korean stocks reached nearly 600 trillion won (US$521.51 billion) in June.
Reaching 600 Trillion Won
11 July 2017 - 11:30am
Foreign investors bought South Korean stocks for seven straight months. They boosted their holdings of local stocks by more than 1.7 trillion won (US$1.48 billion) in June to nearly 600 trillion won...
The Korean exchange-traded fund (ETF) market posted a total net asset value of 27 trillion won (US$24 billion) in the first half of the year.
Led by Institutional Investors
10 July 2017 - 12:00pm
The Korea Exchange announced on July 9 that the local exchange-traded fund (ETF) market reached a record size based on institutional investors’ participation. Specifically, the market posted a total...
South Korea’s foreign exchange reserves as of the end of June totaled US$380.57 billion, a month-on-month increase of US$2.11 billion.
FX Reserves
6 July 2017 - 1:00pm
According to the Bank of Korea, South Korea’s foreign exchange reserves totaled US$380.57 billion as of the end of last month, showing a month-on-month increase of US$2.11 billion. Its forex reserves...

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