Yeouido Business District, South Korea's financial hub Some major securities firms in South Korea are having difficulties with overseas alternative assets they have yet to sell down. The brokerage firms were sitting on 6.8 trillion won ($5.3 billion) worth of global alternative assets of end-
Korea Investment & Securities' headquarters South Korean brokerage companies have been criticized for inflating corporate value and IPO prices to boost their underwriting fees. Now they are under fire for doing the same thing to maximize returns as investors, too.Over the past few yea
LG Innotek Co. LG Innotek Co. stocks have been on a rising trend over the past three months and are trading at their highest-ever prices. However, there are mixed opinions on the outlook for shares of the South Korean firm, which supplies electronic parts to Apple.Some Korean securities firms a
(Photo: Getty Images Bank) South Korea's brokerage companies are jumping into the outsourced chief investment officer (OCIO) market, outmaneuvering asset management firms, as the OCIO market is estimated to eventually grow tenfold to as much as 1,000 trillion won ($845 billion). Despite me
(Photo: Getty Images Bank) Foreign brokerage companies have dominated the list of short sellers in South Korean stock markets since the short-selling ban was lifted on large-cap stocks last May, data from the Korea Exchange shows. Four unidentified foreign brokerage houses accounted for 62% of