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Reporter : Lee Min-hyung
Wed, September 27, 2023 | 23:59
Prosecution chief vows stern punishment for market manipulation
Prosecutor General Lee One-seok has vowed to root out stock market manipulation by introducing tougher punishments and confiscating illegal gains from unfair traders.
Markets | 2023-06-22 16:40
Naver, Kakao fail to regain glory on earnings slowdown
Shares of Naver and Kakao - two representative internet stocks here - are losing almost all of their pandemic gains amid a pessimistic outlook on their earnings growth.
Companies | 2023-06-22 16:23
Brokerages' real estate asset values plunge amid freezing sentiment
The real estate assets of securities firms here have plunged in value over the past year amid continued market downturn caused by a hawkish cycle of rate hikes, data showed.
Markets | 2023-06-21 16:45
Dunamu's Stockplus launches ChatGPT-powered AI service
Stockplus, a stock investment platform operated by Dunamu, has introduced an interactive artificial intelligence (AI) chatbot service using ChatGPT that allows investors to receive real-time investment information more accurately.
Companies | 2023-06-21 15:52
Investors discuss future of financial industry at ICSA 2023
Members of the International Council of Securities Associations (ICSA) stressed the dire need to alleviate post-pandemic global financial risks posed by escalating macroeconomic uncertainties here and abroad. A group of 300 members of the ICSA and Korea Financial Investment Association (KOFIA) discussed the agenda of breaking through the ongoing financial volatility on the si...
Markets | 2023-06-20 16:33
Manipulation scandals dampen securities firms' plan to become mega investment banks
A group of securities firms that are eligible to apply for licenses to become super-large investment banks are moving to delay their plans amid unceasing stock manipulation scandals triggered by sales of risky derivatives. Only five major brokerage houses - Mirae Asset Securities, Korea Investment & Securities, NH Investment & Securities, KB Securities and Samsung Securities ...
Markets | 2023-06-19 16:15
Defense stocks soar on growing arms exports, NK missile threats
Shares of major defense companies have extended a surprising winning streak this year on growing arms exports to Europe and escalating geopolitical uncertainties on the Korean Peninsula following North Korea's repeated missile threats.
Markets | 2023-06-16 15:07
Korean financial firms make inroads into Southeast Asian market
Financial companies here are in a rush to expand their presence in Southeast Asia amid the toughening rivalry that is prevalent in the domestic market. KakaoBank, the nation's leading internet-only bank, has recently signed a partnership with SCBX of Thailand. The latter is one of the country's leading financial groups, rapidly expanding its investment in the area of financia...
Companies | 2023-06-16 15:07
KB Financial's debate tournament expands to Indonesia
KB Financial Group will hold a debate tournament with college students from Indonesia in celebration of the 50th anniversary of Korea's diplomatic relations with the Southeast Asian country.
Companies | 2023-06-15 16:29
BTS 10th anniversary celebration to supercharge domestic economy
The 10th anniversary of BTS is expected to have a massive economic effect here, as more foreign tourists visit Seoul and expand spending during the two-week-long 2023 BTS Festa.
Markets | 2023-06-15 16:06
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