Telecom companies are rapidly buying back shares and cancelling treasury stock.
Korea had 69 globally top-selling products in 2019, putting the country in 11th place overall, data showed Sunday.
“People living in the world’s poorest nations do not concern themselves with the environment, or the latest figures on carbon emissions; rather, they wake up each day wondering if they will be able to feed their children,” said Hazrat Mirza Masroor..
Investors are bullish on Hyundai Motor and its affiliates, betting that the group's sales will recover from the Covid-19 pandemic.
Korea will hold a virtual meeting this week with North and South American countries to share its experience and know-how in controlling the coronavirus pandemic during an election period, the Foreign Ministry said Tuesday.
Mirae Asset Daewoo on July 30 said it is buying back shares worth 113.4 billion won ($94.8 million) in an effort to raise shareholder value.
Stocks sank almost 5 percent amid rising concerns of a second wave of the coronavirus, extending their losing streak to a third consecutive session. The won fell sharply against the dollar.
Stocks closed higher for the second straight day Tuesday amid hopes for an economic rebound, while the won gained ground against the dollar. After a choppy session, the benchmark Kospi gained 11.32 points, or 0.59 percent, to close at 1,934.09.