Personal finance, money basics, and how the economy works for everyday life.
Seoul spent Wednesday doing something it has not managed much this month: closing quietly higher, without a scare in either direction. The KOSPI opened lower, drifted through a choppy morning as Wall ...
Seoul spent Tuesday morning looking like it was heading for a second straight rout, and spent the afternoon undoing it. The KOSPI opened 2.4% lower at 6,535.93, extended the drop to more than 4% at it...
Samsung Electronics gave shareholders the largest payout package in its history on Friday. On Monday, the stock fell almost nine percent. That single sentence explains most of what happened in Seoul o...
You pay your card off every month, so interest has never been your problem. Then one month a car repair lands, you pay most of the bill instead of all of it, and the next statement carries a finance c...
Seoul spent Friday, August 21 running two markets at once. The KOSPI opened down 1.35 percent, tracking a weak Wall Street session, then spent the day climbing out of the hole on the back of two stock...
Seoul's benchmark index spent Thursday undoing almost exactly what it had done the day before. A session after the KOSPI dropped 5.55% in the worst of this week's global bond-market turmoil, it closed...
Seoul had one of its worst sessions of the year on Wednesday, and the trigger did not come from Korea. A global selloff in long-dated government bonds sent yields to multi-year highs in the United Sta...
Seoul spent Tuesday morning celebrating and Tuesday afternoon unwinding it. The KOSPI opened 2.15% higher at 7,127.77, ran to an intraday 7,216.62 on another wave of chip buying, and then spent the re...
Seoul's chip trade did it again. The KOSPI pushed above the 7,000 mark for the first time in fifteen sessions on Friday, tapping an intraday high of 7,010.86 before profit-taking pulled it back to a s...
Seoul's chip trade did it again. The KOSPI closed up 3.56% at 6,813.34 on Thursday, a fourth straight advance, as foreign investors kept pouring money into Samsung Electronics and SK Hynix on the back...
