The country's financial regulator said Thursday that it will take steps to ban “split listings” by conglomerates here starting in July at the earliest.
Korea's main bourse operator said Thursday it is set to review a bio firm, whose stocks rallied recently amid hype over its weight-loss drugs and oral insulin, to determine whether the firm violated disclosure regulations.
The benchmark Kospi rose 134.66 points, or 2.21 percent, to finish at 6,226.05, closing above the 6,200-point mark for the first time since the outbreak of the Iran war.
Korea's foreign exchange market will stabilize once tensions in the Middle East are resolved, Finance Minister Koo Yun-cheol said.
Carbon neutrality is no longer optional but a sweeping shift reshaping economies and societies, Citibank Korea Managing Director Kim Kyoung-ho said, calling for greater participation by financial institutions in green finance.
Korean stocks opened higher on Thursday on hopes for a second round of U.S.-Iran peace talks.
Foreign investors net sold a new monthly high amount of local stocks in March, data showed Thursday, as the Iran war boosted risk-off sentiment.
Senior executives of global investment and asset management firms have expressed hope for stronger partnerships with Korea, Seoul's Ministry of Finance and Economy said Wednesday.
The head of the Korea Financial Investment Association (Kofia) met with Indonesian ambassador to Seoul Cecep Herawan on Wednesday to discuss bilateral investment cooperation, the association said.
Mirae Asset Securities’ Hong Kong unit has obtained a digital-asset retail license from Hong Kong’s Securities & Futures Commission, becoming the first Korean brokerage to do so, the company said on Wednesday.
Korea JoongAng Daily Sitemap
