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Mirae Asset Securities Seizes Indian Market with Sharekhan Acquisition

Mirae Asset Securities has finalized its acquisition of Sharekhan, a top 10 Indian brokerage firm, for 586.6 billion won. This strategic move aims to capitalize on the burgeoning o...

Market

National Pension Service Achieves Impressive 9.18% Return in Q3, Reaching 97 Trillion Won

The National Pension Service (NPS) has earned 97 trillion won (approximately $69.3 billion) in investment returns as of the third quarter of this year. The fund achieved a cumulati...

Market

Korean Institutional Investors' Foreign Currency Securities Investments Surge by $21.96 Billion in Q3

The balance of foreign currency securities investments by Korean institutional investors surged by $21.96 billion in the third quarter, reaching $427.41 billion, compared to $405.4...

Market

South Korean Investors Flock to U.S. Stocks and Cryptocurrencies Amid Market Shifts

South Korean investors are shifting their focus to U.S. stocks and cryptocurrencies, withdrawing funds from major banks and increasing investments in these high-return assets. This...

Market

Quantit and Bareksa Join Forces to Revolutionize AI-Powered Investment in Indonesia

Quantit, a South Korean AI fintech company, has announced a strategic alliance with Bareksa, Indonesia's leading fintech platform company, to enhance the provision of AI-powered fi...

Market

Vietnam's VN-Index Stabilizes Amid Global Market Volatility

Vietnam's VN-Index showed resilience, closing just 0.16 points lower after a previous gain of 7.43 points. Trading volume decreased by 15% to VND11.355 trillion. The VN-30 basket s...

Market

South Korea's Venture Investment Surges Despite Global Downtrend

South Korea's venture investment grew by 11.3% in the first three quarters of 2024, reaching 8.6 trillion won, despite a global downturn. The growth was driven by significant incre...

Market

Black Market Dollar Drops Against Vietnamese Dong Amid Global Currency Fluctuations

The dollar declined by 0.23% to VND25,730 at unofficial exchange points in Vietnam, while Vietcombank kept its rate unchanged at VND25,463. The State Bank of Vietnam maintained its...