Bank dividends are bare. Here's why some shareholders hate it more than they should

May 09, 2020 08:37 am UTC| Investing Economy

In bad news for retirees and others who depend on dividend cheques (and dividend imputation rebate cheques from the Tax Office) bank dividends have largely evaporated. But its not as bad as many commentators suggest, and...

Digital Currency Revolution

Central Banks’ Tendency Towards Digital Currencies (CBDCs)

May 08, 2020 10:47 am UTC| Research & Analysis Digital Currency Investing

As the coronavirus outbreak widens and halted many economic activities across the world, the central banks in eurozone appear to be inclined for the digital payment/currency system. Currently, many countries where the...

S. Koreans Invest More in Gold Funds, Shun Oil ETFs During Pandemic

May 06, 2020 10:55 am UTC| Business Investing

South Korean gold funds exhibited three-month average returns of 10.22 percent, far outperforming the median return rate for domestic stock funds of minus 12.16 percent. The FnGuide, a financial information provider,...

S. Korean Retail Investors Fill Void Left by Foreign Investors in Securities Market

May 04, 2020 13:36 pm UTC| Business Investing

Retail investors became an influential force in the local financial market in the first quarter of 2020, with foreign and institutional investors cutting down in their activities due to the COVID-19 pandemic. Massive...

Oil in Global Economy Series

Leverage Investments up by 34% in a Month

Apr 28, 2020 06:49 am UTC| Economy Investing

Leverage investments among small investors went up by 34.3 percent to 8.65 trillion won as of Thursday from 6.44 trillion won on March 24, according to the Korea Financial Investment Association. The increase was...

Oil in Global Economy Series

Rebounding Oil Prices Boosts Seoul Stocks

Apr 24, 2020 04:14 am UTC| Economy Investing

South Korean stocks opened higher Thursday due to rebounding oil prices and an apparent slowdown in the COVID-19 pandemic. The Korea Composite Stock Price Index (KOSPI) rose 0.55 percent, to 1,906.49 in the first 15...

What just happened to the price of oil?

Apr 21, 2020 12:30 pm UTC| Investing Economy

We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory. The spot price of West Texas, the US benchmark, reached minus US$40.32 a barrel and...