[THE INVESTOR] Jangwon Tech, a Korean die casting company, will go public on the tech-heavy KOSDAQ in July, the firm’s chief executive said on June 30. The company plans to use the funds from the initial public offering to “expand its production facilities and diversify product portfolio,” said Park Sae-hyuk, CEO of the firm in a press conference held in Seoul. The company is expected to offer 1.5 million shares to the public against the total issue size of 6,045,000 shares at a tentative price

[THE INVESTOR] South Korea’s exports may be on the recovery path, with the rate of year-on-year drop decreasing to a 12-month low. According to the Ministry of Trade, Industry and Energy, the country’s June exports showed an on-year drop of 2.7 percent -- the smallest decrease recorded since June 2015 -- to come in at US$ 45.3 billion. Since January 2015, Korea’s monthly exports have been declining, with the rate of decrease rising to 19.1 percent in January this year. The figure recorded in the

[THE INVESTOR] Britain’s decision to quit the European Union could have a lasting impact on global markets in the long term, Korea’s top financial regulator said on July 1. Yim Jong-yong, chairman of Financial Services Commission said the Korean market is moving toward stability after Brexit turbulence but “uncertainties still remain high as Britain’s exit from the EU is the first of its kind.”FSC chairman Yim Jong-yongAlmost US$4 trillion has been wiped out from global equity values since June