The Korea Herald

KOSPI closes lower at 2,033.00 down 7.60 points

[THE INVESTOR] KOSPI closed lower at 2,033.00, down 7.60 points (0.37%) from the previous trading day, on Oct. 21.

Oct. 21, 2016

[EQUITIES] ‘Minwise to enter China with strong Q3 performance’

[THE INVESTOR] Minwise’s operating profit in the third quarter is estimated to reach 4.1 billion won (US$3.6 million), 58 percent higher on-year and revenue will soar 45 percent to 9.6 billion won to hit a new high, Shinhan Investment reported on Oct. 21. The volume of subscribers to the firm’s major services related to mobile security, online payment and web login has been increasing at a steady rate. The total number of subscribers by the end of third quarter amounted to approximately 4.4 mil

Oct. 21, 2016

[EQUITIES] ‘Minwise to enter China with strong Q3 performance’

KOSDAQ opens higher at 656.02 up 0,34 points

[THE INVESTOR] KOSDAQ opened higher at 656.02, up 0.34 points(0.05%) from the previous trading day, on Oct. 21.

Oct. 21, 2016

KOSPI opens lower at 2,039.40 down 1.20 points

[THE INVESTOR] KOSPI opened lower at 2,039.40, down 1.20 points (0.06%) from the previous trading day, on Oct. 21.

Oct. 21, 2016

GM to unveil Bolt EV in Korea for first time

[THE INVESTOR] GM Korea will display the Bolt EV, an electric subcompact car, for the first time at the Korea Electronics Show that kicks off on Oct. 26 in Seoul, the company said on Oct. 20.The company is the first carmaker here to participate in the exhibition and will introduce its progress in electric vehicle development. Manufactured by Chevrolet in partnership with LG Electronics, the Bolt EV was certified by the US Environmental Protection Agency to go 383 kilometers per charge. On the s

Oct. 20, 2016

GM to unveil Bolt EV in Korea for first time

Samsung to unveil mobile digital X-ray

[THE INVESTOR] Samsung Electronics said on Oct. 20 it will unveil a premium mobile digital radiograph at an industry congress this week. The GM85 digital X-ray features “exceptional mobility, enhanced user convenience and a high image quality,” Samsung said in a statement. The new machine will be unveiled at the 19th World Congress of International Society of Radiographers and Radiological Technologists, which starts its three-day run from Thursday in Seoul. Jun Dong-soo, head of Samsung‘s medic

Oct. 20, 2016

KOSPI closes lower at 2,040.60 down 0.34 points

[THE INVESTOR] KOSPI closed lower at 2,040.60, down 0.34 points (0.02%) from the previous trading day, on Oct. 20.

Oct. 20, 2016

KOSDAQ closes lower at 655.68 down 5.58 points

[THE INVESTOR] KOSDAQ closed lower at 655.68, down 5.58 points(0.84%) from the previous trading day, on Oct. 20.

Oct. 20, 2016

KOSPI opens higher 2,044.12 up 3,18 points

[THE INVESTOR] KOSPI opened higher at 2,044.12, up 3.18 points (0.16%) from the previous trading day, on Oct. 20.

Oct. 20, 2016

KOSDAQ opens higher at 663.06 up 1.80 points

[THE INVESTOR] KOSDAQ opened higher at 663.06, up1.80 points(0.27%) from the previous trading day, on Oct. 20.

Oct. 20, 2016

Chinese Golden Century sees disappointing first trading day in Kosdaq

[THE INVESTOR] Chinese farm equipment-maker Golden Century, the fourth Chinese company to be listed on the secondary Korean bourse, closed weaker than expected on its first trading on Thursday. The company’s stock closed at 3,815 won ($3.40), 4.74 percent lower than the market price set at 4,005 won, while Kosdaq inched up 0.15 percent to 661.26 points.It was higher than the initial public offering price of 3,500 won, but lower than expected, experts said. The price of 3,500 won is 6.1 times th

Oct. 19, 2016

S. Korea to raise limit on mortgages

[THE INVESTOR] The Financial Services Commission announced Wednesday it would provide an additional 2 trillion won ($1.78 billion) for issuances of mortgages for stable supply of the loans for the working class by the end of the year. Conforming mortgages, or “Jeokgyeok Loans,” here issued by the state-run Korea Housing Finance Corporation (HF), have already surpassed the initial supply limit of 16 trillion won, the FSC confirmed. The announcement came amid mounting public confusion after HF uni

Oct. 19, 2016

Korea’s ISAs draw over W3tr in investment

[THE INVESTOR] South Koreans have poured more than 3 trillion won (US$2.67 billion) into some 2.4 million tax-efficient individual savings accounts, the country’s financial regulator said on Oct. 19.The country introduced the ISA in mid-March to help investors here diversify their investment portfolios.In the government-backed scheme, individuals can benefit from tax exemptions on up to 2.5 million won of capital gains from their investment held for at least five years. “There was a total of 3.0

Oct. 19, 2016

MBK Partners’ China chief resigns: report

[THE INVESTOR] MBK Partners’ China chief Kuo-Chuan Kung has recently resigned from the firm, Wall Street Journal reported on Sept. 18 citing unnamed sources. The founder partner at South Korea’s largest private equity firm has managed more than US$10 billion in capital in Asia, including China, Taiwan and Hong Kong. There are eight partners at the firm, including founder and Chairman Kim Byung-jun.The newspaper said his departure comes as several of China’s top deal makers are leaving establishe

Oct. 19, 2016

MBK Partners’ China chief resigns: report

KOSDAQ closes higher at 661.26 up 0.97 points

[THE INVESTOR] KOSDAQ opened higher at 661.26, up 0.97 points(0.15%) from the previous trading day, on Oct. 19.

Oct. 19, 2016

Articles by 김화균