SINCE the Capital Markets Consolidation Act (CMCA) was activated last February with derived expectations in the financial market, such as an increasing supply of newly structured securities and derivatives, and diversified opportunities to make investment profit through hedge funds, Korea Investment

MIRAE Asset Securities diversifies its scope of business as a financial service provider in accordance with the Capital Markets Consolidation Act (CMCA) by developing distinguished products, penetrating overseas markets, and strengthening its Investment Banking field.First of all, diversification o

HMC Investment Securities, a subsidiary company of Hyundai-Kia Motors Group, is penetrating the pension fund and trust fund markets in order to achieve strong growth for the firm’s next generation after its trust fund dealership is approved on October 7, by virtue of the enactment of the Capital Mar

LS Mtron, ltd., a subsidiary company of LS Group specializing in industrial machinery and high-tech parts, aggressively leaves its unique footprint on the overseas market.The company recently held a ground breaking ceremony in Qingdao City, China, on October 30 for a new tractor factory with an inve

HIGHLY advanced monorail systems have features that have positive effects on the environment as well as economic benefits.Kim Jong-hoon, chairman of HanmiParsons and John Svensson, CEO of Urbanaut signed an exclusive collaboration agreement (ECA) on October 26, 2009 for business development and proj

Korean exports continue to rise and investment and private consumption have both noticeably improved, indicating that the overall economy is in a recovery phase. The mining & manufacturing production index in September jumped by 11%, continuing its rise for the third consecutive month. The automobil

Grand Korea Leisure recently concluded an IPO organizer contract with Mirae Asset Securities to be listed in the securities market in the latter half of this year. Grand Korea Leisure plans to divide its 30 billion won capital (face value 10,000 won, 3 million common stocks) into 500 won of face va

Jinro plans to offer 14.4 million shares held mostly by its number two and three shareholders -- savings associations of military officers and teachers. Jinro hopes to raise at least 648 billion won (US$537.6 million) based on the new pricing range versus the nearly US$708 million it aimed to raise

TYL is pushing forward with its initial public offering, a first for a Korean life insurer. Therefore, FY2008 will be a great opportunity for us to grow into a leading insurer. Once listed on the KOSPI, TYL can receive greater amounts of capital through stock sales, facilitating expansion through v

With the Seoul stock market booming, many large public corporations are planning to go public. Companies forced to cancel plans to go public last year because of the market downturn, are now beginning to venture out. Tong Yang Life Insurance, Jinro, and Grand Korea Leisure (Seven Luck Casino) are a

Kiturami Group, founded in 1962, is a leading boiler manufacturer capable of producing 100 million boilers annually. With some 500 patents and industrial property rights and with 98.7% of localization level of boiler components, Kiturami Group has been widely recognized worldwide as a group securing

The IMF Annual Meetings have been held around the world to deal with major economic and financial issues facing the world. This year, Intanbul, Turkey will host the 2009 Annual Meetings of the Board of Governors of the World Bank Group and the IMF for two days from October 6 and 7, 2009 with people

'Dollar Carry Trade’ the act of borrow dollars at low interest rates and investing in products of high return is becoming popular due to the USA’s continued low interest rate policy. Last year, there were many who borrowed Japanese Yen to buy houses or build plants or invest in high-yielding bonds

While the global financial crisis is being alleviated, household debt has increased to 700 trillion won, threatening financial stability again. In addition, SME loans currently stand higher than 430 trillion won, pressuring financial circles. Perhaps the most serious aspect is that most of the hous

Manufacturing production continues to recover after being hit by the global economic downturn. LCD panels are selling like hot cakes, while semiconductor prices are rising thanks to an increase in sales. Also rising are the operation ratios of semiconductor factories. Automakers are enjoying an inc

The Korean won rose to an 11-month high against the dollar on September 24. The local currency closed at 1,194.4 won per dollar, smashing the 1,200 won level for the first time since last October. The local currency dropped to 1,570.3 won per dollar in early March due to the global financial meltdo

It is expected that an advanced scientific method which can minimize client expenditure by managing project costs more scientifically and rationally will be introduced to the Korean construction industry.On September 9, 2009, HanmiParsons, a leading CM company in Korea, announced it was to establish