Search results for overseas stocks
Finance
Korean brokers face cloudy third-quarter results as trading turnover falls and rates rise
South Korean brokerages that posted record first-half results are expected to see a sharp slowdown in third-quarter earnings, hit by weaker brokerage revenue as stock trading turnover falls and by valuation losses in trading amid higher market rates and greater volatility. Investment banking is also seen offering limited support. Among five major firms, combined controlling shareholder net profit is forecast at about 1.063 trillion won, down 44.9 percent from a year earlier and 76.6 percent from the previous quarter.
Finance
Korean retail investors\' U.S. stock holdings top $200 billion again
Korean retail investors are again shifting funds to the U.S. stock market, pushing holdings above $200 billion for the first time in about four months. Depositary data showed U.S. stock holdings at $200.2 billion as of Oct. 5. Holdings had peaked at $206.3 billion on June 2 before falling to $171.5 billion at end-July, then rebounded from August. Net buying resumed in June and continued for four consecutive months.
Finance
Brokerages tread carefully on overseas stock promotions ahead of Chuseok
South Korean securities firms are taking a cautious stance on overseas stock marketing ahead of the Chuseok holiday, citing continued sensitivity to financial authorities’ call last December to refrain from cash-like promotions and advertising. Industry officials say there is no new directive banning events, but firms still factor in regulators’ views and rivals’ moves when deciding whether to restart campaigns. The Financial Supervisory Service recently stressed investor protection and internal controls at a meeting with compliance officers.
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Crypto
Cautious on financial investment income tax, presses ahead with digital asset tax as equity dispute lingers
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Finance
Naver overhauls stock page as investment platform race intensifies
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Finance
KakaoPay Securities starts stock trading on KakaoBank app
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Crypto
Digital asset taxation four months away, calls to redesign blanket other-income classification
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Finance
Meritz Securities launches new MTS \'MOUM\' with AI analysis, global community and ordering
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Fintech
Hana Bank\'s Travelog foreign currency account tops 100,000
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Crypto
MOEX to launch perpetual futures linked to bitcoin, ether in September
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Finance
Toss Securities launches open API to place stock orders with AI, integrates ChatGPT and Claude
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Finance
Kakao finance posts record results as Bank and Pay expand into corporate, securities and insurance
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Finance
RIA tax benefits cut raises concerns over faster exodus from Korean stocks
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Finance
Brokerages cut domestic branches and step up global push
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Finance
Korean retail investors turn net buyers of U.S. stocks after 3 months on SpaceX listing
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Finance
Shinhan Financial launches integrated Shinhan Super SOL one-app platform
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Finance
Shinhan Financial unveils integrated app \'Shinhan Super SOL\'
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Finance
Huaxing Securities joins Futu, Tiger in curbing trades for mainland China clients