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Fri, September 29, 2023 | 10:20

Heavy rain-linked stocks display increased volatility

Heavy rain-linked stocks display increased volatility

Stocks linked with torrential rain are displaying increased volatility, as the onset of the summer monsoon season began to cause damage across the nation. Shares of Coway are on a path for solid recovery on growing demand for dehumidifiers and air conditioners. The company's stock price fell to 42,550 won at the end of June, the lowest level so far this year, but is showing s...

Lee Min-hyung | 2023-07-14 16:32

Korean stocks regain vigor on rate freeze, US inflation slowdown

Korean stocks regain vigor on rate freeze, US inflation slowdown

Korean stocks extended a rally, Thursday, following overnight gains on Wall Street lifted by data showing a slowdown in U.S. inflation. The benchmark KOSPI was also buoyed by the Bank of Korea's (BOK) widely-expected decision of a rate freeze.The macroeconomic data helped the main bourse return to the 2,600-point mark during morning trade. The KOSPI closed up 0.64 percent at ...

Lee Min-hyung | 2023-07-13 15:50

[Contribution] The race for greener economic prosperity

ContributionThe race for greener economic prosperity

More than 70 countries, including South Korea, have come together to make a pledge for carbon neutrality. Carbon neutrality refers to achieving net zero carbon emissions, by offsetting more carbon emissions compared to the amount produced by each economy.

2023-07-13 14:35

Wall Street ticks higher ahead of this week's inflation report

Wall Street ticks higher ahead of this week's inflation report

Stocks are ticking higher Tuesday as Wall Street waits for updates later in the week on inflation and corporate profits.

2023-07-12 09:46

Wall Street ticks higher ahead of updates on inflation, profits

Wall Street ticks higher ahead of updates on inflation, profits

Stocks ticked higher on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.

2023-07-11 09:22

[ANALYSIS] What's behind scarcity of 'sell' recommendations by Korean brokerages?

ANALYSISWhat's behind scarcity of 'sell' recommendations by Korean brokerages?

Only a fraction of stock analysis reports published by Korean securities companies advise investors to take a “sell” position, while the overwhelming majority of them offer “buy” recommendations.

Anna J. Park | 2023-07-10 17:31

EcoPro share price surpasses 1 million won during Monday's intraday trading

EcoPro share price surpasses 1 million won during Monday's intraday trading

The stock price of EcoPro exceeded the 1 million won ($765) mark during Monday's trading session, becoming a so-called “emperor's stock,” a Korean term that refers to stocks reaching that milestone.

Anna J. Park | 2023-07-10 16:27

Brokerage houses struggling to manage bad debt amid growing financial unrest

Brokerage houses struggling to manage bad debt amid growing financial unrest

Securities firms are struggling to control rising bad debts amid growing financial unrest prompted largely by the real estate downturn.

Lee Min-hyung | 2023-07-10 15:59

Concerns rise over project financing risks

Concerns rise over project financing risks

Concerns over real estate project financing are resurfacing in the capital market after GS Engineering & Construction (GS E&C) decided to bear losses of 550 billion won ($422 million) due to its decision to completely reconstruct an apartment complex in Incheon, west of Seoul.

Lee Min-hyung | 2023-07-10 08:53

Foreigners return to selling spree in Korean stock market

Foreigners return to selling spree in Korean stock market

Foreign investors returned to a selling spree of Korean stocks in June, for the first time in three months, on rekindled fears of the U.S. Federal Reserve's anticipated next rate hike. According to data from the Financial Supervisory Service, foreigners sold local shares worth 322 billion won ($247 million) last month.

Lee Min-hyung | 2023-07-09 15:50

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