Articles by 김화균
김화균
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Korea should attract more non-Chinese tourists: BOK
[THE INVESTOR] South Korea should reduce its heavy reliance on Chinese tourists and attract other foreign visitors, the central bank said on Sept. 23.Last year, about 6 million Chinese tourists came to South Korea, accounting for 45.4 percent of 13.2 million foreign visitors, according to the Bank of Korea.In comparison, 5 million Chinese visited Japan last year, accounting for a quarter of 19.7 million foreign tourists in Japan.Chinese spending in South Korea also took the lion’s share of the t
Sept. 23, 2016
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Korea plans comprehensive steps to safeguard energy facilities
[THE INVESTOR] South Korea will map out a comprehensive plan to strengthen the safety measures of the country’s energy facilities by the end of this year, the Industry Ministry said on Sept. 23.An advisory committee comprised of experts from various fields, including geology and disaster prevention, will check the safety management of every energy facility such as nuclear stations, petroleum reserves and thermal power plants starting next month, according to the ministry.It will also look into t
Sept. 23, 2016
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Seoul shares gain on institutional buying
[THE INVESTOR] South Korean stocks ended with gains on Sept. 23, continuing a six-day winning streak, on the back of the US Federal Reserve‘s decision keep its key rate unchanged. The Korean won rose against the US dollar.The benchmark KOSPI added 4.37 points, or 0.21 percent, to 2,054.07. Trade volume came to 488.2 million shares worth 4.42 trillion won (US$4.07 billion), with gainers outnumbering losers 491 to 312.Institutions net-purchased 160.2 billion won worth of shares, while foreigners a
Sept. 23, 2016
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Korea to redesign Surion chopper for export
[THE INVESTOR] South Korea will redesign the parts of its Surion helicopter that would allow it to be sold to overseas customers, the military and manufacturer said Sept. 23.In a months-long test conducted in Michigan, the Surion utility helicopter also called the KUH-1 failed to operate properly under a set of very challenging humid and freezing temperatures. Several parts in Surion didn’t meet the international standards, said an official at the Korea Aerospace Industries.The Surion helicopter
Sept. 23, 2016
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KOSPI closes higher at 2,054.07 up 4.37 points
[THE INVESTOR] KOSPI closed higher at 2,054.07, up 4.37 points (0.21%) on Sept. 23.
Sept. 23, 2016
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KOSDAQ closes higher at 688.59 up 3.35 points
[THE INVESTOR] KOSDAQ closed higher at 688.59, up 3.35 points (0.49%) on Sept. 23.
Sept. 23, 2016
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KOSDAQ opens higher at 687.16 up 1.92 points
[THE INVESTOR] KOSDAQ opened higher at 687.16, up 1.92 points (0.28%) on Sept. 23.
Sept. 23, 2016
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KOSPI opens higher at 2,052.22 up 3.52 points
[THE INVESTOR] KOSPI opened higher at 2,053.22, up 3.52 points (0.17%) on Sept. 23.
Sept. 23, 2016
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KOSDAQ closes higher at 685.24 up 6.96 points
[THE INVESTOR] KOSDAQ closed higher at 685.24, up 6.96 points (1.03%) on Sept. 22.
Sept. 22, 2016
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KOSPI closes higher at 2,049.70 up 13.71 points
[THE INVESTOR] KOSPI closed higher at 2,049.70, up 13.71 points (0.67%) on Sept. 22.
Sept. 22, 2016
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KOSDAQ opens higher at 682.94 up 4.66 points
[THE INVESTOR] KOSDAQ opened higher at 682.94, up 4.66 points (0.69%) on Sept. 22.
Sept. 22, 2016
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KOSPI opens at 2,050.31 up 14.32 points
[THE INVESTOR] KOSPI opened higher at 2,050.31, up 14.32 points (0.70%) on Sept. 22.
Sept. 22, 2016
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Korean Air agrees to provide 60 bln won loan to Hanjin Shipping
[THE INVESTOR] Korean Air Lines, the largest shareholder of Hanjin Shipping, On Sept. 21 approved plans to provide 60 billion won (US$58.9 million) to the cash-strapped shipper.The company had initially refused to help out the troubled affiliate citing the lack of collateral Hanjin Shipping could offer. The 60 billion won will be injected based on accounts receivable, according to Korean Air officials.The funds from Korean Air will be part of the 100 billion won emergency fund pledged by Hanjin
Sept. 22, 2016
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KOSDAQ closes higher at 678.28 up 3.77 points
[THE INVESTOR] KOSDAQ closed higher at 678.28, up 3.77 points (0.56%) on Sept. 21.
Sept. 21, 2016
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KOSPI closes higher at 2,035.99 up 10.28 points
[THE INVESTOR] KOSPI closed higher at 2,035.99, up 10.28 points (0.51%) on Sept. 21.
Sept. 21, 2016
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