Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Man convicted after binge eating to avoid military service
-
4
First snow to fall in Seoul on Wednesday
-
5
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
6
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
7
Nvidia CEO signals Samsung’s imminent shipment of AI chips
-
8
Industry experts predicts tough choices as NewJeans' ultimatum nears
-
9
Job creation lowest on record among under-30s
-
10
NK troops disguised as 'indigenous' people in Far East for combat against Ukraine: report
-
Sampyo Group’s 3 affiliates to go public
[THE INVESTOR] Three affiliates of Sampyo Group are planning initial public offerings on Seoul’s main bourse before the group floats its own shares, sources said on July 21. The key affiliates -- Sampyo P&C, Sampyo E&C and Sampyo Industry -- are looking at listing as a way to boost the group’s market value by raising funds. According to investment bank officials, Sampyo Group, a holding firm, sent out a request for proposals to seven brokerage houses to hire underwriters for the three IPOs.Sampy
July 21, 2016
-
Seoul stocks drop for 3rd consecutive day ahead of ECB meeting
[THE INVESTOR] South Korean stocks edged down on July 21, sliding for a third consecutive session as investors took to the sidelines ahead of the European Central Bank’s policy meeting later in the day. The Korean won rose against the US dollar.The benchmark Korea Composite Stock Price Index fell 1.43 points, or 0.07 percent, to close at 2,015.46. Trade volume was light at 388 million shares worth 3.84 trillion won (US$3.38 billion), with losers outnumbering gainers 422 to 371. The European Cent
July 21, 2016
-
Bank chiefs see slowing household debt
[THE INVESTOR] Household debt increase rate will drop during the second half of the year, the chiefs of South Korean commercial banks said on July 21.Speaking at a meeting with Bank of Korea Gov. Lee Ju-yeol, they forecast a drop in the rate due to the efforts made by the government and banks. Saying that the effects of the measures rolled out by the financial authorities and the banks’ risk management will start to show during the second half despite the rapid increase seen during the first six
July 21, 2016
