September 13, 2024

Foreigners become net sellers of S. Korean shares in Aug.

Foreign investors became net sellers of South Korean shares in August, ending their nine-month buying streak, data showed Friday.

Offshore investors net sold 2.51 trillion won (US$1.87 billion) worth of local shares last month, according to the data…

Seoul shares turn lower late Fri. morning on foreign selling

Seoul shares turned lower late Friday morning on foreign selling, with investors remaining hopeful over the Federal Reserve’s rate cut next week.

The benchmark Korea Composite Stock Price Index fell 1.26 percent, or 31.63 points, to 2,545.00 in the …

S. Korea’s overseas direct investment down 2.7 pct in Q2

South Korea’s overseas direct investment fell 2.7 percent on-year in the second quarter amid growing uncertainties in the global economy along with geopolitical risks, the finance ministry said Friday.

Investments made by South Korean companies over…

The death of “Chalong Phakdiwichit”, a national artist

Mourning for “Chalong Phakdiwichit”, a national artist who passed away peacefully at the age of 93, ending the legend of mountain bombing and hut burning.

Mr. Prasop Riangngen, Director-General of the Department of Cultural Promotion (DCP), revealed…