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Big Korean banks suffer $216 million in FX losses in Q1 on strong dollar

The foreign exchange (FX) operations of four leading commercial lenders in Korea suffered a combined loss of 300 billion won ($216 million) in the first three months of this year, hindered by the strong U.S. dollar, market watchers said Friday. ....

South-korea , United-states , Korea , Middle-east , Korea-investment ,

Will Paik Jong-won achieve IPO dream for Theborn Korea to mark its 30th anniversary?

Theborn Korea, a food and beverage franchise business founded by celebrity chef Paik Jong-won, officially launched its listing process earlier this week, aiming to go public on the Kosdaq market during the second half of this year. ....

South-korea , China , Saemaeul , Kyonggi-do , Japan , Korea , Hanshin-pocha , Hotel-theborn-jeju-on-island , Korea-exchange , Paik-jong-won , Theborn-korea , Korea-investment

United Services Automobile Association Grows Position in Aramark (NYSE:ARMK)

United Services Automobile Association Grows Position in Aramark (NYSE:ARMK)
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New-york , United-states , South-korea , Canada , Korea , Robertw-baird , Services-united-states , Korea-investment , Quadrant-capital-group , Morgan-stanley , Exchange-commission

Fidelity National Information Services, Inc. (NYSE:FIS) Given Consensus Recommendation of "Moderate Buy" by Analysts

Fidelity National Information Services, Inc. (NYSE:FIS – Get Free Report) has earned an average rating of “Moderate Buy” from the twenty-two research firms that are currently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong […] ....

South-korea , Korea , Jeffreya-goldstein , Fidelity-national-information-services-stock-performance , Korea-investment , Banking-solutions , Fidelity-national-information-services-inc , Quest-partners , Jpmorgan-chase-co , Fidelity-national-information-services-dividend-announcement , Institutional-trading-of-fidelity-national-information-services

Seoul shares snap 4-day losing streak on bargain hunting

South Korean stocks jumped over 1 percent Monday to snap their four-day losing streak on bargain hunting amid dashed hopes for an early rate cut by the Federal Reserve. The local currency rose against the US dollar. The benchmark Korea Composite Stock Price Index moved up 35.59 points, or 1.32 percent, to close at 2,722.99. Trade volume was moderate at 546 million shares worth 15.6 trillion won ($11.4 billion), with . ....

Seoul , Soult-ukpyolsi , South-korea , Korea , South-korean , Doosan-enerbility , Kim-dae-joon , Federal-reserve , Micron-technology , Us-federal-open-market-committee , Lg-energy-solution , Samsung-electronics