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KOSPI opens at record high again

South Korea’s benchmark KOSPI index opened at another all-time high on May 4, supported by strong net buying from foreign and institutional investors.According to the Korea Exchange, the KOSPI rose 2.79% (184.06 points) to 6,782.93 at the opening of regular trading. As of 9:20 a.m., foreign and institutional investors posted net purchases of 572.6 billion wo..

High-end Seoul homes face tax surge
Owners of high-end apartments in Seoul’s most sought-after districts, including Gangnam, Seocho and Songpa, are expected to face a sharp increase in proper..

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