Kim Dae Jun News Today

South Korean stocks surged over 5.6 percent Monday as the country reimposed a ban on stock short selling to crack down on illegal market practices by global investment banks. The local currency sharply rose against the greenback. The benchmark Korea Composite Stock Price Index soared 134.03 points, or 5.66 percent, to close at 2,502.37, extending its winning streak to a fourth day. Tech and battery-related stocks led...

Korean stocks closed up, Monday, at the highest rate in almost four years on the back of a complete ban on short-selling that was reinstated to crack down on illegal market practices by global investment banks and protect retail investors.

Korean stock markets have entered into a wait-and-see phase ahead of a long weekend starting Thursday. With the Chuseok holiday and the National Foundation Day on Oct. 3 combining this year to create the six-day-long holiday, the local stock market is closed from Sept. 28 until Oct. 3.

Korean stock markets have entered into a wait-and-see phase ahead of a long weekend starting Thursday. With the Chuseok holiday and the National Foundation Day on Oct. 3 combining this year to create the six-day-long holiday, the local stock market is closed from Sept. 28 until Oct. 3.

Round-up of South Korean financial markets: ** South Korean shares were little changed on Tuesday, with investors taking a wait-and-see stance ahead of the U.S. Federal Reserves policy...

Round-up of South Korean financial markets: ** South Korean shares fell on Thursday for a fifth straight session, on worries over monetary tightening uncertainty in... -Yesterday at 09:57 pm- MarketScreener

With global oil prices heading towards the $90 per barrel range, a nine-month high, local oil shares are showing bullish moves as well. According to the Korea Exchange (KRX) on Sunday, the price of S-Oil, one of Koreas top oil refinery businesses, has been on a continual rise since early July.

Round-up of South Korean financial markets: ** South Korean shares rose more than 1% on Tuesday to hit their highest level in 14 months, as online platform companies and...

Round-up of South Korean financial markets: ** South Korean shares traded flat on Wednesday, after two sessions of losses, with investor focus shifting towards corporate...

Korean stocks slipped back into negative territory again Wednesday, as investors took to the sidelines ahead of a widely expected sharp rate hike by the Federal Reserve. The Korean won fell against the dollar.