Korea Investment News - Latest Updates & Headlines
State pension fund retrieves half of $423.5 million investment in Homeplus
Seoul, March 8: South Korea's state pension fund has said it recovered about half of its total investment of 612.1 billion won ($423.5 million) in major retailer Homeplus Co., which recently entered a court-led rehabilitation process amid liquidity worries.
Big brokerage firms tipped to have pocketed decent earnings in 2024
Seoul, Jan 27: South Korea's major brokerage houses are expected to have racked up decent earnings last year on the back of increased trading of overseas stocks, industry sources said on Monday.