SEOUL, May 29 (Korea Bizwire) – While Samsung Electronics, once riding high on expectations of reaching 1 million won per share, has again faltered in the 800,000 won range, analysts on Wall Street remain optimistic about the tech giant’s stock prospects. Foreign investors have been offloading over 7 trillion won worth of Samsung shares they had [...]
SEOUL, Aug. 18 (Korea Bizwire) — A South Korean flag will be hung in front of the Charging Bull statue on Wall Street in New York for an entire week. The Asian American Youth Council (AAYC) hosted a South Korean flag at Bowling Green Park in Manhattan on Tuesday (local time) to mark the occasion [...]
SEOUL, Aug. 19 (Korea Bizwire) — The South Korean national flag, Taegeukgi, now hangs near the Charging Bull, a landmark statue on Wall Street. The Asian American Youth Council, a group of Korean American youths in the U.S. eastern states, held a flag-raising ceremony for the South Korean national flag on Broadway in Manhattan in [...]
SEOUL, May 22 (Korea Bizwire) – South Korean shares breached the 2,300-point mark for the first time ever as foreign investors scooped up major tech stocks amid sound corporate earnings, bucking overnight gains on Wall Street, analysts said. The Korean won sharply rose against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) [...]
SEOUL, Sept. 11 (Korea Bizwire) – Wall Street in Yeouido is providing ‘zero commission’ stock trading. There was a time in 2011 when free commissions were a craze, but the period of time it was applied to was a few months, or a year at the longest. However, this time, the applied period is at least one [...]
SEOUL, Aug. 24 (Korea Bizwire) — Fears of a slowdown in the Chinese economy sent shockwaves across global financial markets on Monday, leaving South Korean exporters jittery over their future performance as they rely heavily on the world’s second-largest economy, experts said. China’s Shanghai Composite Index tumbled 8.49 percent on Monday as investors dumped shares [...]