The metaverse is causing volatility in the stock market as share prices bounce around depending on their association with the virtual worlds. Augmented reality (AR), virtual reality (VR) or developers of these synthetic universes are most often ...
Police are looking into complaints about a 35-year-old woman in Daegu who allegedly ran a ponzi scheme after advertising her wealthy lifestyle on social media. As with all ponzi schemes, she promised high returns, according to a group of people…
Seoul's main bourse Kospi sharply rebounded more than 3 percent Thursday as the U.S. Federal Reserve chairman's comments soothed inflation worries.
The Kospi was more volatile than all other major indexes, according to a report from the Federation of Korean Industries (FKI).
Retail investors' stock-related funds have risen by nearly 20 trillion ($18.2 billion) this year on the back of a surging stock market, industry data showed Thursday.
IPO mania is set to continue into 2021 as interesting new issues hit the market, punters borrow to invest and memories of strong offerings in 2020 linger in the minds of the hopeful.
Seoul's main bourse passed the 3,000-mark in intraday trading on Wednesday for the first time ever, bolstering expectations that a 3,000-era for the Kospi is on its way.
Kakao Bank on Thursday announced a temporary halt in the opening of overdraft accounts as major banks limit individual credit lines due to concern about rapidly increasing household debt.
The C-suites of Korea’s listed companies are bullish on equities and intend to increase investments in stock next year.
Korea’s main bourse hit another new high on Friday, going above the 2,700 level for the first time in history as foreign investors continued their buying spree, mainly in the semiconductor and internet sectors.