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Seoul stocks jump 1.5% on tech gainsFeb 15, 2021South Korean stocks jumped 1.5 percent Monday on strong advances by tech stocks. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) rose 46.42 points ... -
Coupang’s NYSE listing plan boosts related stocksFeb 15, 2021South Korean listed companies that have business ties with Coupang have seen their shares spike, backed by expectations of benefits from the local e-commerce giant’s mega US initial public offering. ... -
Seoul stocks open higher on tech gainsFeb 15, 2021South Korean stocks opened higher Monday on strong advances by tech stocks. The benchmark Korea Composite Stock Price Index rose 35.91 points, or 1.16 percent, to 3,136.49 points in the first 15 min... -
Coupang chooses NYSE for IPO to take advantage of dual-class shareFeb 14, 2021US listing will help CEO Kim Bom-seok keep control over e-commerce firm, market watchers say -
Brokerage houses chalk up sharp earnings increase amid bull runFeb 14, 2021Earnings of brokerage houses in South Korea soared to a record-high last year amid a stock rush, chasing closely after those of first-tier banks, data showed Sunday. The combined operating profit of... -
Activist funds to watch in Korea proxy seasonFeb 13, 2021Another battle round between Hanjin, KCGI likely to draw market attention -
Seoulites in 20s and 30s prefer property investments north of the HanFeb 12, 2021‘Ma-yong-seong,’ a portmanteau of three Seoul districts -- Mapo, Yongsan, and Seongdong -- is where Koreans in their 20s and 30s most want to invest, while Gangnam is the place favored by those in th... -
February set to be blockbuster month for IPOsFeb 11, 2021February is set to be another busy month for the South Korean stock market as a large number of companies are seeking to launch initial public offerings on retail investors’ strong appetite for direc... -
Kospi returns above 3,100 points ahead of Lunar New YearFeb 10, 2021South Korean benchmark Kospi bounced back after a roller coaster ride Wednesday ahead of the Lunar New Year holiday, surpassing the 3,100-point mark. The main bourse got off to a slightly strong sta... -
Seoul stocks rebound on tech, auto gainsFeb 10, 2021South Korean stocks snapped a two-session losing streak to end higher Wednesday, buoyed by strong gains in tech and auto stocks, ahead of the Lunar New Year holiday. The Korean won rose against the U... -
Foreigners remain net sellers of S. Korean stocks in JanuaryFeb 10, 2021Foreign investors remained net sellers of South Korean equities in January, extending their selling spree for a second straight month, the central bank said Wednesday. Foreigners sold a net $1.07 bi... -
New law to allow reversal of fat-finger transactions via Kakao Pay, TossFeb 10, 2021Mistaken transactions made through mobile payment apps will be subject to aid from a state-run deposit insurer after a revision of a depositor protection legislation takes effect later this year. St... -
Seoul stocks open higher on Wall Street gainsFeb 10, 2021South Korean stocks opened slightly higher Wednesday, tracking overnight gains on Wall Street amid hopes for progress in US stimulus. The benchmark Korea Composite Stock Price Index (KOSPI) rose 2.5... -
Seoul stocks down for 2nd day ahead of options expiration dayFeb 9, 2021South Korean stocks finished lower for a second straight day Tuesday, as uncertainties increased, with investors seeking to take profits ahead of the expiration of stock options. The Korean won rose ... -
Bitcoin hits record on Tesla’s $1.5b betFeb 9, 2021Bitcoin prices hit a record high on Tuesday, as US electric vehicle maker Tesla unveiled it had purchased $1.5 billion in bitcoin. Bitcoin prices inched closer to 50 million won ($44,800) each in Ko...
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