-
Nov 29, 2024 | 
kedglobal.com | Han-shin Park |Tae-Ung Bae |Jin-gyu Maeng
Latvian President Edgars Rinkēvičs, who is on a four-day working trip to South Korea from Wednesday, said on Friday he hopes for deeper cooperation between the two countries in the pharmaceutical, biotechnology, defense and advanced manufacturing sectors. “Latvia is a European biotech hub and Korea has a rapidly growing biotech industry. If we cooperate, we can generate significant synergy,” he said in an interview with The Korea Economic Daily.
-
Oct 22, 2024 | 
kedglobal.com | Jin-gyu Maeng
Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeking to list a Korean defense stocks-tracking exchange-traded fund (ETF) in the US to meet a voracious appetite for Korean defense equities amid escalating global geopolitical tensions and conflicts.
-
Aug 12, 2024 | 
kedglobal.com | Jin-gyu Maeng
South Korea's LS Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index, MSCI announced on Tuesday. MSCI Inc. rebalances MSCI indexes, including the MSCI Korea Index, in February, May, August, and November every year by adding new members or removing existing ones based on both full and float-adjusted market capitalization. South Korea's SK IE Technology Co. (SKIET) will be removed.
-
Jul 8, 2024 | 
newsdirectory3.com | Jin-gyu Maeng
The Kospi index edged down 0.16% to shut at 2,857.76 on MondayParticular person South Korean traders are betting strongly on a fall in home share costs, in distinction to aggressive shopping for by overseas traders that despatched the benchmark Kospi index to its highest stage in two and a half years final week.
-
Jul 8, 2024 | 
kedglobal.com | Jin-gyu Maeng
South Korean individual investors have bet strongly on domestic stock price falls, in contrast to foreign investors’ aggressive buying that sent the benchmark Kospi index to its highest level in two and a half years last week. Last month, individual investors’ net purchase of the leveraged and inverse exchange-traded fund betting against the domestic stock market hit the largest-ever amount in one and a half years.
-
Jun 11, 2024 | 
kedglobal.com | Jin-gyu Maeng
South Korea's Hana Securities announced on Tuesday that it launched a service allowing Hong Kong investors to open its accounts through Hong Kong's Emperor Securities and invest in South Korean stocks. Through a business agreement with Emperor Securities, Hana Securities said that Hong Kong VIP investors can now open Hana Securities accounts at Emperor Securities branch offices without visiting South Korea.
-
Jun 7, 2024 | 
newsdirectory3.com | Jin-gyu Maeng
A buying and selling room on the Kookmin Financial institution department in Yeouido, the monetary district in Seoul on June 7 (Courtesy of Yonhap) South Korea is ready to stay MSCI rising market standing as the worldwide index supplier stated in its June 6 report that the accessibility of the nation’s short-selling market is declining.
-
Jun 7, 2024 | 
kedglobal.com | Jin-gyu Maeng
South Korea is expected to remain as MSCI’s emerging market status as the global index provider said in its June 6 report that the country’s short-selling market accessibility is deteriorating. MSCI downgraded Korea’s short-selling market infrastructure to “-”, representing “improvements needed”, from “+”, indicating “no issues or improvements possible,” in the market accessibility review report. From Nov.
-
May 15, 2024 | 
kedglobal.com | Jin-gyu Maeng
South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index. MSCI, a global stock index provider, announced on Wednesday that Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will join the MSCI Korea Index on May 13. Hanon Systems Corp., Kakao Pay Corp., Kangwon Land Inc., and Samsung Securities Co. will be dropped. MSCI Inc.
-
Mar 4, 2024 | 
kedglobal.com | Jin-gyu Maeng
The South Korean government on Monday tapped Mirae Asset Securities Co. as the brokerage house to sell Treasury bonds, which will be launched only for individual investors for the first time in June. Mirae Asset will sell 1 trillion won ($750.5 million) worth of Korean Treasuries for retail investors every year by the end of 2027 under the agreement with Ministry of Economy and Finance. The Treasuries, issued with 10-year and 20-year maturities, will guarantee principal investments.
