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Retail investors emerge as big players in S. Korean stock market
SEOUL: South Korean retail investors have emerged as deep pockets in the stock market, pouring in more than 100 trillion won (US$90.6bil) since early last year, data showed.
Hyundai Motor Group’s eco-friendly car sales jump 36% in 2020
SEOUL: Hyundai Motor Group’s environment-friendly vehicle sales in the global market jumped 36% to over 500,000 units in 2020 from a year earlier, industry data showed yesterday.
Investor excess goes global as signs of froth emerge in Asia
ASIA'S financial markets are showing signs of froth as investment pours into nations that have so far contained the Covid-19 coronavirus better than their Western counterparts.
Listed firms obligated to disclose ESG data from 2025
SEOUL: South Korea’s financial authorities unveiled a comprehensive policy framework that obligates listed firms to disclose corporate information on investment activities related to environmental, social and governance standards, so-called ESG, in phases.
South Korea’s jobless rate hits 10-year high
SEOUL: South Korea lost the most jobs in two decades and the unemployment rate hit a 10-year high as the country’s worst coronavirus outbreak yet forced businesses to slash hiring.
Seoul will pursue CPTPP
SEOUL: The South Korean government will actively consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, and improve systems to engage in the new global trading order evolving in the region, its fiscal chief said Monday.
Quick take: Bintai Kinden up 6%, to distribute cold chain boxes for vaccines
KUALA LUMPUR: Shares of Bintai Kinden Corp Bhd rose almost 6% in early trade Monday following its appointment as the exclusive distributor for Greenie Medi Cold Chain Box.
Hyundai walks back confirmation it’s in talks over Apple car
SEOUL: Hyundai Motor Co. backed away from a statement confirming it is in talks with Apple Inc. on developing self-driving car that fueled an $8 billion surge in the Korean automaker’s market value Friday, saying instead that it received requests for potential cooperation from a number of companies.
Bintai Kinden unit appointed distributor of Greenie Medi medical storage boxes
KUALA LUMPUR: Bintai Kinden Corp Bhd's subsidiary Bintai Healthcare Sdn Bhd has been appointed the exclusive distributor in Malaysia and non-exclusive distributor in Southeast Asia of the full range of Greenie Medi Cold Chain Box for the storage of medical products.
Samsung Elec flags 26% rise in Q4 profit on chip, display sales
SEOUL: Samsung Electronics Co Ltd said on Friday that fourth-quarter operating profit likely rose 26%, in line with analysts' estimates, as pandemic-driven remote working fuelled sales of chips and display panels.
