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Reporter : Anna J. Park
Sun, December 5, 2021 | 10:54
NCSOFT's stock price spike comes under KRX's scrutiny
Korea Exchange (KRX) is currently investigating NCSOFT's stock price spike last Thursday to look for any signs of attempts to artificially inflate the stock price.
SCM Lifesciences appoints founder Song as CEO again
SCM Lifescience appointed its founder and chief strategy officer (CSO) Song Sun-uk as its new CEO, Monday.
Shinhan, KB inches away from posting record annual net income of W4 tril.
As both Shinhan Financial Group and KB Financial Group each recorded record-high quarterly revenues in the third quarter, the two financial giants are expected to post annual net profits exceeding 4 four trillion won ($3.39 billion) mark for the first time.
Decoupling of Korean, US stock markets deepens
While U.S. stock markets have been continuing to renew record highs lately, markets here have been fluctuating severely recently, logging a fall of around 10 percent from three months ago. The level of “decoupling” between the two countries' stock markets has reached its widest since 2011, when comparing their respective index levels. The S&P 500, Dow and Nasdaq indices have ...
Stock prices of MSCI Korea Index's newly-added firms rise Friday
Six new companies were added to the Morgan Stanley Capital International (MSCI) Korea Index on Friday, and most of them saw their stock prices increase during the day's trading.
Overseas selling spree of Korean stocks expected to hit all-time high this year
The amount of Korean stocks sold by overseas investors is likely to reach an all-time high this year, due to various reasons ranging from the strong dollar, global supply chain disruptions and lingering risks posed by China.
Top Korean, US commerce officials hold bilateral discussions
Minister of Trade, Industry and Energy Moon Sung-wook stands next to U.S. Commerce Secretary Gina Raimondo, following bilateral talks in Washington D.C., Tuesday (local time). After the talks, Moon told reporters that the U.S. explained that its demand to Korean memory chip makers, including Samsung Electronics and SK hynix, to submit semiconductor trade data was an unavoidab...
Yeouido's IFC Seoul up for sale
Toronto-based Brookfield Asset Management plans to sell International Finance Center (IFC) Seoul, located in the capital's Yeouido financial district, and the market's attention is now on how much profit the Canadian asset firm could reap after owning the property for the last five years.
Krafton, KakaoBank, SKIET shares face expiration of lockup periods
Share prices of mobile-based KakaoBank and global online game company Krafton both declined Monday, recording falls of 2.8 percent and 2.11 percent respectively, amid concerns over the expiration of lockup periods.
Ruling party set to delay cryptocurrency tax
The ruling Democratic Party of Korea (DPK) has confirmed its plan to delay the start of taxing cryptocurrency trading for one year, from early next year - which was the original plan of the country's financial and tax authorities - to 2023.
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