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Seoul shares rise 1.4% on financial, auto gains

South Korean stocks rose over 1.4 percent Monday as financial, auto and other blue chips advanced after last week's overall market decline amid eased tensions in the Middle East. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index climbed 37.58 points, or 1.45 percent, to close at 2,629.44. Trade volume was moderate at 389 million shares worth 10.85 trillion won ($7.86 bill...

South-korea , South-korean , Korea , Samsung-biologics , Nvidia , Samsung-electronics , Lg-energy-solution , Korea-composite-stock-price-index , Daeshin-securities , Shinhan-financial , Hyundai-motor ,

YG Entertainment Profits Down by 60% in 4Q— BLACKPINK's Uncertain Future Spells Doom in 2004, Experts Say

Explore the uncertain future of YG Entertainment amidst BLACKPINK's inactivity.

#YGEntertainment #BLACKPINK #BLINKs

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Seoul shares fall for 5th straight day amid extended selling spree by institutions

South Korean shares closed lower Tuesday for a fifth consecutive session as institutions continued their selling spree. The local currency slightly rose against the US dollar. The benchmark Korea Composite Stock Price Index shed 6.58 points, or 0.26 percent, to close at 2,561.24. Trade volume was moderate at 782.4 million shares worth 8.76 trillion won ($6.66 billion), with gainers outpacing loser 573 to 288. The Kos...

South-korea , South-korean , Korea , Yonhap-infomax , Kia-motors , Samsung-electronics , Yonhap-news-agency , Sk-telecom , Korea-composite-stock-price-index , Wall-street , Daeshin-securities , Yonhap-news

Foreign Stock Ownership on KOSPI Falls to 6-Year Low

Foreign Stock Ownership on KOSPI Falls to 6-Year Low
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Ukraine , Russia , South-korea , Korea , Russian , Korea-exchange-on , Samsung-electronics , Korea-composite-stock-price-index , Korea-exchange , Daeshin-securities ,

Battery stocks' rollercoaster ride leaves investors reeling

The fluctuating stock prices of firms in the secondary battery sector sent the local stock market on a rollercoaster ride over the last week. Battery materials stocks achieved gains on Friday afternoon after suffering losses in the morning, raising alarms for retail investors who belatedly joined in on a buying spree for EcoPro and Posco shares. Shares of EcoPro closed at 1.10 million won ($863.85) on Friday. It spik...

Shin-seung-jin , Kang-dae-seok , Kim-jung-yoon , Posco , Posco-holdings , Posco-group , Psoco-holdings , Daeshin-securities , Yuanta-securities-korea , Samsung-securities ,

Global Funds Have Another Window to Buy Asia's Favorite Bonds

(Bloomberg) -- South Korean bonds have been the standout pick in Asia for foreign investors this year and their recent decline should be seen as just another window to buy, according to market watchers.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla Tops Expectations as Price Cuts Lift Deliveries to RecordUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysYields have risen for thr

Hong-kong , Taiwan , Thailand , South-korea , Singapore , Seoul , Soult-ukpyolsi , Indonesia , India , Philippines , South-korean , Albert-leung

Foreign investors return to Korean stock market

Foreign investors return to Korean stock market Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

South-korea , Seoul , Soult-ukpyolsi , Korea , Korea-exchange , Nvidia , Samsung-electronics , Kim-dong-won , Lee-kyung-min , Daeshin-securities ,

BOK expected to deliver second 'big step' rate hike this week

The Bank of Korea (BOK) is expected to conduct another “big step” hike of half a percentage point in its rate-setting meeting scheduled on Wednesday, in a bid to fight inflation and prevent a possible capital flight, according to analysts, Sunday. The Korean won's sharp depreciation against the U.S. dollar as well as widening trade deficit are also pressuring the BOK to consider delivering its second 50-basis-point hike following the first one in July, rather than a quarter percentage point increase it has favored. Currently, the BOK's key rate is set at 2.5 percent.

Seoul , Soult-ukpyolsi , South-korea , Korea , Kong-dong-rak , Rhee-chang-yong , Ahn-jae-kyun , National-assembly-in-yeoudio , Lg-economic-research-institute , Governor-rhee-chang-yong , National-assembly

Seoul's stocks down, currency dips to over 13-yr low following Fed's rate hike

Korean stocks closed down on Thursday, as investors were spooked by growing worries over a global economic recession following the U.S. Federal Reserve's sharp rate hike decision. The Korean won fell to a 13-year low against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost 14.9 points, or 0.63 percent, and closed at 2,332.31. Trading volume was light at 436.1 million shares worth 7.3 trillion won, with decliners outnumbering gainers 579 to 299.After starting low at the opening bell, the main bourse tumbled near the 2,300 mark but the losses were trimmed on bargain hunting. Thursday's losses came after the Fed's overnight decision to raise its benchmark federal funds rate by 75 basis points for a third straight time, with its Chair Jerome Powell confirming his resolution to fight inflation

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Indonesia's palm oil export ban spells bad news for Korean ramyun, snack manufacturing firms

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