KoreaTimes - Markets

Entertainment & Arts

Qatar 2022

SCMP
Asia

Entertainment & Arts

Qatar 2022

SCMP
Asia

Finance

Markets

Tue, November 29, 2022 | 16:14

KOSPI expected to achieve technical rally as Fed seen easing rate hikes

KOSPI expected to achieve technical rally as Fed seen easing rate hikes

The benchmark KOSPI will pick up fresh momentum for a technical rally amid growing calls for the U.S. Federal Reserve to control the pace of its rate hikes as the year-end approaches, analysts said. The main bourse closed at 2,268.4 points on Friday, up 2.5 percent or 55.28 points from a year earlier. The secondary Kosdaq also ended with a gain of 1.95 percent at 687.63 durin...

Lee Min-hyung | 2022-10-30 14:44

Institutional investors asked to refrain from market-destabilizing trading

Institutional investors asked to refrain from market-destabilizing trading

Korea's financial authorities called for cooperation from institutional investors, including the state pension operator, to refrain from stock trading that could heighten market swings, sources said Friday.

2022-10-28 11:27

Seoul to ease lending rules for first-time homebuyers

Seoul to ease lending rules for first-time homebuyers

Korea will ease lending rules for first-time homebuyers and single-home owners next year as the once red-hot housing market appears to be entering a downturn amid rising interest rates, financial authorities said Thursday.

2022-10-28 09:11

Gov't to boost visa issuances to foreign workers to meet labor shortage at small businesses

Brokerage houses report dismal earnings amid freezing stock transactions

Brokerage houses report dismal earnings amid freezing stock transactions

Securities firms have reported drastic earnings falls in the wake of a marked slowdown in their commission profit and investment banking business. This situation was widely expected amid freezing stock market sentiment triggered by the rapid pace of rate hikes here and abroad. Data also showed that fewer investors are making aggressive investments in the stock market. The dai...

Lee Min-hyung | 2022-10-27 17:20

KEPCO bonds aggravate fears of corporate credit crunch

KEPCO bonds aggravate fears of corporate credit crunch

A massive volume of bonds issued by the Korea Electric Power Corporation (KEPCO) throughout this year has been jolting local corporate bonds market, becoming a source of stress on already strained corporate bonds and commercial paper (CP) markets in the country. According to data by the Korea Securities Depository (KSD) Thursday, KEPCO has so far issued bonds worth 23.49 tril...

Anna J. Park | 2022-10-27 16:56

Seoul shares open higher on battery, auto gains

Seoul shares open higher on battery, auto gains

Korean stocks got off to a strong start Thursday, buoyed by gains in blue chip battery and automakers, bucking overnight drops on Wall Street.

2022-10-27 10:17

Banks to supply liquidity while minimizing bond issuance

Banks to supply liquidity while minimizing bond issuance

Financial authorities and local banks have agreed to provide liquidity to the country's short-term funding market, aiming to help stabilize the local corporate bond and commercial paper (CP) markets. The short-term funding markets recently witnessed a mounting credit crunch following the default of 205 billion won ($143 million) in asset-backed commercial paper (ABCP) issued ...

Anna J. Park | 2022-10-26 16:46

Corporations fall behind in ESG communication: EY Korea

Corporations fall behind in ESG communication: EY Korea

While environmental, social and governmental (ESG) principles are expected to continue to wield increased influence in consumer decisions, corporations surveyed recently, showed that they were lacking when it came to their communication efforts about ESG activities. This finding was discovered by EY Korea's survey of 115 participants of the “ESG Best Practice” forum, which wa...

Anna J. Park | 2022-10-26 16:46

BOK expects continued 'contraction' in debt market following Legoland-caused turmoil

BOK expects continued 'contraction' in debt market following Legoland-caused turmoil

Korea's bond market is expected to suffer continued "contraction" as uncertainty grows from aggressive monetary tightening in major countries and heightened volatility in financial markets, a central bank report showed Wednesday.

2022-10-26 11:45

Gov't faces mounting criticism for inaction in early phase of credit crunch crisis

Gov't faces mounting criticism for inaction in early phase of credit crunch crisis

Although the local financial industry greeted the government's decision on Sunday to provide over 50 trillion won ($35 billion) in liquidity to address a mounting credit crunch in the corporate bond and commercial paper (CP) markets, the country's financial authorities could face mounting criticism for failing to take measures sooner to address the problem.

Anna J. Park | 2022-10-24 16:57

Legoland crisis pushes BOK into dilemma

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	World Cup 2022 Japan vs Costa Rica

2	Winter cold to bite starting Wednesday

3	PHOTOSWorld Cup 2022 Korea vs Ghana

4	ANALYSISFIFA chief's remarks over World Cup in North Korea raises eyebrows

5	How bears, old waterwheel helped Hadong County mountain villages go carbon-free

6	Korea seeks to land on Mars by 2045

7	BTS' RM honored for helping to preserve overseas Korean cultural artifacts

8	Korea denies media report on lethal aid to Ukraine

9	Government poised to order striking truckers back to work

10	Foreign PEs covet Mom's Touch

DARKROOM