KOSPI and KOSDAQ Index Rise Despite Ex-Dividend Date – Foreign Investors Lead Strong Performance

KOSPI and KOSDAQ Index Rise Despite Ex-Dividend Date – Foreign Investors Lead Strong Performance

[비즈니스포스트] Although the ex-dividend date was reached, the KOSPI index rose for two consecutive trading days and ended trading above the 2610 level. The KOSDAQ index also turned upward after 4 trading days. According to the Korea Exchange on the 27th, the KOSPI index closed at 2613.50, up 10.91 points (0.42%) from the previous day. … Read more

December 2023 Consumer Sentiment Index Rebounds, Reflecting Optimism for Economy – Bank of Korea Survey

December 2023 Consumer Sentiment Index Rebounds, Reflecting Optimism for Economy – Bank of Korea Survey

[비즈니스포스트] The consumer sentiment index, which comprehensively represents consumers’ thoughts on the economy, turned upward due to expectations of an end to economic tightening in the United States and the improvement in the export economy. According to the ‘December 2023 Consumer Trend Survey Results’ announced by the Bank of Korea on the 27th, the consumer … Read more

Samsung Electronics Multipurpose 5S Refrigerator Returns After 40 Years

Samsung Electronics Multipurpose 5S Refrigerator Returns After 40 Years

[비즈니스포스트] The story of how a Samsung Electronics multipurpose refrigerator that had been in the same family for nearly 40 years was returned to Samsung Electronics has been revealed. According to the Samsung Electronics Newsroom on the 24th, Sook-hee Lee recently donated the ‘Samsung Multipurpose 5S Refrigerator’ manufactured in 1985, which she had been using … Read more

Government Secures Seven-Month Supply of Urea for Vehicles to Address Supply and Demand Concerns

Government Secures Seven-Month Supply of Urea for Vehicles to Address Supply and Demand Concerns

[비즈니스포스트] The government will secure a seven-month supply of urea for vehicles, which had raised concerns about supply and demand instability. We will continue to pursue stable supply through additional introduction. On the 22nd, the government held a joint ‘Economic Security Core Product Task Force (TF) Meeting’ with related ministries at the Seoul Government Complex, … Read more

Venture Capital Representatives Criticize Fair Trade Commission’s ‘Platform Fair Competition Promotion Act’: Concerns Over Impact on IT Industry and Startup Ecosystem

Venture Capital Representatives Criticize Fair Trade Commission’s ‘Platform Fair Competition Promotion Act’: Concerns Over Impact on IT Industry and Startup Ecosystem

[비즈니스포스트] Venture capital representatives voiced criticism of the Fair Trade Commission’s move to enact the ‘Platform Fair Competition Promotion Act’. On the 21st, Lee Jun-pyo, CEO of Softbank Ventures, said on his social networking service (SNS), “If the Platform Fair Competition Promotion Act, which is currently being promoted, is introduced, the competitiveness of Korea’s IT … Read more

NH Investment & Securities CEO, Young-Chae Jeong, Files Lawsuit Against Financial Authorities for Severe Disciplinary Action Regarding Optimus Fund

NH Investment & Securities CEO, Young-Chae Jeong, Files Lawsuit Against Financial Authorities for Severe Disciplinary Action Regarding Optimus Fund

[비즈니스포스트] Young-Chae Jeong, CEO of NH Investment & Securities, filed an administrative lawsuit against the financial authorities to cancel the severe disciplinary action. According to the financial investment industry on the 15th, President Chung filed a lawsuit against the Financial Services Commission to cancel the heavy disciplinary action and an application for a temporary injunction … Read more

KOSPI Index Rises for Second Consecutive Day Due to Expectations of Interest Rate Cut

KOSPI Index Rises for Second Consecutive Day Due to Expectations of Interest Rate Cut

[비즈니스포스트] The KOSPI index rose for two consecutive trading days thanks to expectations of an interest rate cut. The KOSDAQ index closed lower. According to the Korea Exchange on the 15th, the KOSPI index closed at 2563.56, up 19.38 points (0.76%) from the previous day. ▲ On the 15th, the KOSPI index rose following the … Read more

The delinquency rate of real estate PF loans in the financial sector rises again, a 3% point surge in the mutual financial sector in 3 months.

The delinquency rate of real estate PF loans in the financial sector rises again, a 3% point surge in the mutual financial sector in 3 months.

[비즈니스포스트] The delinquency rate of real estate PF (project financing) loans in the financial sector has risen. The delinquency rate of PF loans in mutual financial institutions rose by 3 percentage points. The Financial Services Commission announced on the 11th that it held an inspection and communication meeting on financial market issues at the Seoul … Read more

Bitcoin price expected to enter a short-term correction period, likely to rebound to $53,000 early next year

Bitcoin price expected to enter a short-term correction period, likely to rebound to ,000 early next year

[비즈니스포스트] As Bitcoin investors begin to seek profit-taking in earnest at an early date, it is predicted that this could lead to a decline in the market price for the time being. However, there was continued speculation that the Bitcoin price would rebound to the $50,000 range early next year. ▲ It is predicted that … Read more

Seoul apartment prices turn downward for the first time in 29 weeks, nationwide apartment prices also fall for 2 weeks

Seoul apartment prices turn downward for the first time in 29 weeks, nationwide apartment prices also fall for 2 weeks

[비즈니스포스트] Apartment prices in Seoul have declined for the first time in seven months. According to data from the Korea Real Estate Board on the 7th, as of the first week of December as of the 4th, apartment sales prices in Seoul fell 0.01% from last week. Apartment prices have fallen for the first time … Read more