Korean investors holdings of foreign securities hit new high
Korean investors' holdings of foreign securities reached a new all-time high in the first quarter of the year on an overseas investment boom, data showed Thursday.
Buying of fractions of shares to be allowed in 2022
Investors will be allowed to buy fractions of a company's stock starting from the third quarter of next year, the Financial Services Commission (FSC) said Sunday. Under current rules, investors cannot purchase less than a single share of an ...
Big tax shock for investors in foreign stocks
With capital gains tax reporting season nearing, in May, there are expected to be many more punters facing tax shocks as Koreans trading foreign stocks increased rapidly last year as liquidity flooded the market and stocks soared.
Tesla is the No. 1 foreign stock for Korean investors
Tesla is the most owned foreign stock in Korea.
Of parachute appointments
The appointment of Kim Nam-soo as the first head of KS Dream — a subsidiary of Korea Securities Depository (KSD) — in 2018 raised eyebrows and controversy. He had headed the union at Yakult Korea and served as a secretary to...
Stock clearing fees cut to zero through the end of 2020
Clearing fees charged by the exchange and the depository have been eliminated through the end of the year, taking the cost of trades to zero for some investors.