South Korean stocks turned a tad higher after a weak start Tuesday, amid concerns over China's strict COVID-19 lockdowns and hawkish remarks by US Federal Reserve policymakers on rate policy outlooks. After starting lower, the benchmark Korea Composite Stock Price Index rose 0.95 points, or 0.04 percent, to 2,409.22 in the first 15 minutes of trading. Protests across China against the governmen...

South Korea will push to change regulations in a way that would allow investors to know how much they would receive in dividends before buying stocks in a bid to attract more foreign investment in the local equity market, a senior official of the country's top financial regulator said Monday. Under the current rules, listed companies determine who will receive dividends in late December first be...

South Korean stocks started off lower Monday, as the continued COVID-19 lockdowns and unrest at an iPhone factory in China weighed on big tech stocks. The benchmark Korea Composite Stock Price Index fell 30.16 points, or 1.24 percent, to 2,407.70 in the first 15 minutes of trading. The US tech-rich Nasdaq ended lower Friday, with Apple Inc. dipping 2 percent, after media reports it would see a ...

Financial authorities to review delisting rules as legal fights loom among stakeholders

Seoul stocks closed slightly down Friday as traders took a wait-and-see stance amid persistent uncertainties over monetary tightening and the global economic outlook. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 3.47 points, or 0.14 percent, to close at 2,437.86. Trading volume was light at 430.8 million shares worth 5.98 trillion won ($4.51 bi...

Seoul shares opened lower Friday, as traders took a wait-and-see stance amid persistent uncertainties over monetary tightening and global economic outlook. The benchmark Korea Composite Stock Price Index shed 6.5 points, or 0.27 percent, to 2,434.83 as of 9:15 a.m. While traders are increasingly looking to less aggressive rate hikes by the US Federal Reserve as inflation data shows signs of slo...

Seoul shares opened higher Thursday as investors await a rate hike decision by the Bank of Korea later in the day. The benchmark Korea Composite Stock Price Index had added 18.14 points, or 0.75 percent, to 2,436.15 as of 9:15 a.m. The central bank is widely expected to raise its policy rate by 25 basis points to 3.25 percent, slowing its tightening pace as the economy shows signs of losing mom...

The latest probe by the Korea Exchange into alleged market manipulation by two foreign investment banks in South Korea is creating friction between the bourse operator and global investment banks, amid Seoul’s push for recognition in the Morgan Stanley Capital International developed market index. According to sources Wednesday, the KRX is looking to fine the Seoul offices of Morgan Stanley and ...

Seoul stocks closed higher Wednesday amid expectations that the US Federal Reserve might ease aggressive monetary tightening in the coming months. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index gained 12.74 points, or 0.53 percent, to close at 2,418.01. Trading volume was moderate at 466.1 million shares worth 7.37 trillion won ($ 5.4 billion), with g...

Seoul shares opened higher Wednesday, tracking overnight Wall Street gains on eased inflation concerns. The benchmark Korea Composite Stock Price Index added 18.58 points, or 0.77 percent, to 2,423.85 as of 9:15 a.m. Overnight, US stocks finished higher, as investors bet that the US Fed may not take aggressive monetary tightening down the road, with inflation data showing signs of peaking, whil...

Seoul shares opened slightly higher Tuesday amid escalating woes over China's COVID-19 situations. The benchmark Korea Composite Stock Price Index added 2.86 points, or 0.12 percent, to 2,422.36 as of 9:15 a.m. Investors are paying attention to recent COVID-19 developments in China as Beijing could impose stricter antivirus restrictions, which would wreak havoc on its economy. China is South Ko...

Seoul shares opened lower Monday over woes that the US Federal Reserve may continue its aggressive monetary tightening. The benchmark Korea Composite Stock Price Index rose 12.73 points, or 0.5 percent, to 2,431.75 in the first 15 minutes of trading. On Friday, the Dow Jones Industrial Average rose 0.59 percent to 33,745.69, and the tech-heavy Nasdaq Composite inched up 0.01 percent to 11,146.0...

South Korean stocks ended almost flat Friday, weighed down by lingering concerns over the United States' aggressive monetary tightening and a global economic slowdown. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index rose 1.58 points, or 0.06 percent, to close at 2,444.48. Trading volume was moderate at about 579.34 million shares worth some 7.25 trilli...

South Korean stocks opened higher Friday, despite overnight losses on Wall Street, on investors' bargain hunting for big-cap tech shares. The benchmark Korea Composite Stock Price Index gained 13.76 points, or 0.56 percent, to 2,456.66 in the first 15 minutes of trading. Overnight, US shares went down, as St. Louis Federal Reserve President James Bullard said rate hikes so far had "only limited...

Brokerages, investors resist fiercely to new tax system, citing stock market losses