An increasing amount of funds is flocking into the fast-growing web comics (called "webtoon" in Korea) and web novel market. Thanks to the rapid expansion of the mobile market, the demand for smart...
2017-03-21 09:11The Public Officials Benefit Association has completed the selection of its overseas private debt fund firms. The association selected two North American firms and three European ones who will mana...
2017-03-21 09:10NH Investment & Securities said on March 21 that POSCO is expected to benefit from a hike in international steel prices and improve its profit in the non-steel business areas. It then raised the st...
2017-03-21 08:26NH Investment & Securities said on March 20 that the current downward pressure to the DDR4 spot price would be shortlived. Lee Se-cheol, analyst with NH Investment & Securities, said, "The spot pri...
2017-03-20 11:09Eugene Investment & Securities said on March 20 that the first-quarter financial results for LG Display will far exceed the market consensus due to the strong panel prices and the improvement in or...
2017-03-20 10:56The interest rate of commercial banks in Korea is expected to continue an upward trend as the U.S. benchmark interest rate is likely to be raised gradually until 2019. According to industry so...
2017-03-20 09:21More than two out of five among Korea's top-ten business group-affiliated listed companies saw their corporate tax decline due to their sluggish business performance. The total amount of corporate ...
2017-03-20 09:20
Financial regulators have demanded to the commercial banks to undertake debt-for-equity swaps up to 80 percent of debts owed by Daewoo Shipbuilding & Marine Engineering. This is an unusual demand i...
2017-03-18 08:41The stock prices of securities firms rose sharply amid the return of a bull market. On March 16, the securities industry index closed at 1,897.60, up 3.59 percent or 65.78 points from the previous...
2017-03-17 15:22
The government will monitor the household debt situation every week after the U.S. Fed raised the benchmark interest rate. The government held on March 16 an emergency macroeconomic policy meting p...
2017-03-17 08:37
As the U.S. Fed raised the benchmark interest rate by 0.25 percentage point, Korea's bank lending rates are expected to rise as well. Some analysts said the home mortgage rate would climb up as hig...
2017-03-17 07:59
The KOSPI index is rising fast after hitting the year's high. As uncertainties disappear one by one, Korea's stock markets are set to move into a new era of bull market. The CEOs of the nation's to...
2017-03-17 07:24A newly established private equity firm Bayside PE was named as the preferred bidder for the acquisition of Welliv, a subsidiary of Daewoo Shipbuilding & Marine Engineering. According to Korea ...
2017-03-17 07:06The won value against the U.S. dollar is gaining steeply. At 9:09 am on March 16 at the Seoul foreign exchange market, the won-dollar exchange rate was traded at 1,130.60 won per dollar, down 1.14 ...
2017-03-16 11:31The KOSPI market is rising high on the news that the U.S. Federal Open Market Committee announced to raise its benchmark rate on March 15. At 9:08 am on March 16, the KOSPI is trading at 2,152.66, ...
2017-03-16 11:19
The National Pension Service (NPS) appointed risk management center head Seong-Tae Park as new head of investment strategy on Dec. 8, a week after his predecessor Soo-Cheol Lee offered to resign, according to the pension fund’s announcement. Park joined the NPS&hellip
Paris-based private equity house Ardian has opened a Seoul office as its fourth Asian base, as South Korean institutional investors such as pension funds are expanding their presence in global investment markets. With assets of $82 billion under management, Ardian&hellip
A consortium led by Affinity Equity Partners will push ahead with exercising their right to sell shares in South Korea’s Kyobo Life Insurance Co. Ltd. by the end of this month, which they estimate at 2 trillion won ($1.8 billion),&hellip
