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Seoul stocks open tad lower on profit-takingAug 14, 2020South Korean shares opened a tad lower Friday as investors attempted to cash in part of recent gains. The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.71 points, or 0.19 percent, to 1,... -
Kospi’s record run could continue to year-endAug 13, 2020Hopes rise that Kospi’s record run will continue to year-end -
MSCI index adds 3 Korean biotech stocksAug 13, 2020Morgan Stanley Capital International announced Wednesday it has added three South Korean biotechnology stocks to its MSCI Korea Index. This comes as the technology prowess of the companies has come ... -
LG Chem, Samsung Biologics close in on SK hynix market capAug 12, 2020The market capitalizations of biopharmaceutical company Samsung Biologics and chemical-to-battery firm LG Chem have soared over the past six months, reflecting market interest in IT and bio sectors a... -
Korea to strengthen inspection of illegal property transactionsAug 12, 2020The South Korean government said Wednesday that it will soon announce the results of its inspections into illegal transactions involving expensive real estate in Seoul and the surrounding areas. “Ha... -
Seoul stocks up for 8th consecutive session on hopes for vaccine, economic reboundAug 12, 2020South Korean stocks extended their gaining streak to an eighth session on Wednesday on hopes for COVID-19 vaccines and optimism for a quick economic rebound from the impacts of the new coronavirus pa... -
Seoul stocks open tad higher on pharmaceutical, financial gainsAug 12, 2020South Korean stocks opened a tad higher Wednesday, led by an advance by pharmaceutical and financial heavyweights. The benchmark Korea Composite Stock Price Index rose 4.85 points, or 0.20 percent, ... -
Kospi surpasses 2,400-mark after 26 monthsAug 11, 2020South Korea’s main bourse Kospi on Tuesday crossed the 2,400-point mark in nearly 26 months, on retail and foreign investors’ buying spree. The bourse got off to a strong start at 2,396.11 -- up 9.7... -
Seoul stocks open sharply higher on gains in techs, chemicalsAug 11, 2020South Korean shares opened sharply higher Tuesday, led by an advance by major tech firms and chemicals makers. The benchmark Korea Composite Stock Price Index (KOSPI) rose 20.80 points, or 0.87 perc... -
Patriotism-fueled equity fund beat stock marketAug 10, 2020NH-Amundi Victorious Korea Equity Fund has recorded a 56.1 percent return for retail investors in a year, its parent company said Monday. The public fund which is managed by NH-Amundi Asset Manageme... -
Foreign investors return to Korean equities despite pandemicAug 10, 2020Foreign investors were net buyers of stocks and bonds in July, as the local currency is stabilizing and retail investors are showing more interest, data showed Monday They returned to the South Kore... -
Seoul stocks set for further gains this week, stimulus packages in focusAug 9, 2020South Korean stocks have room to rise further this week, helped by ample liquidity and expectations that the US stimulus package is nearing a deal. The benchmark Korea Composite Stock Price Index (K... -
Seoul stocks bask in week-long gain to hit nearly 2-year high on stimulus hopeAug 7, 2020South Korean shares extended gains to a fifth session on Friday, as expectations for a US stimulus package underpinned investor sentiment. The Korean won fell against the US dollar. The benchmark Ko... -
First five star hotel in Gangnam up for saleAug 7, 2020Sheraton Seoul Palace Gangnam Hotel, the first five-star hotel in Seoul’s posh district of Gangnam, is up for sale again after a sales deal earlier this year fell through due to the new coronavirus p... -
Mirae Asset launches two ETFs for chips and AI in Hong KongAug 7, 2020South Korean asset management company Mirae Asset Global Investments said Friday that two new exchange traded funds focused on semiconductors, robots and artificial intelligence businesses in China h...
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