you are currently viewing:Mirae Asset's spot gold ETF tops $2.5b in net assetsFebruary 13, 2025--The spot gold exchange-traded fund operated by Global X Australia has garnered over $2.5 billion (3.6 trillion won) in net assets, backed by rising demand for the safe-haven precious metal, Mirae Asset Global Investments announced Wednesday. Global X Physical Gold is a spot gold ETF operated by Global X Australia under South Korea's leading asset manager, Mirae Asset Global Investments. Launched in 2003 by then-ETF Securities, the fund was the first ETF tied to the gold spot price. Source: koreaherald.com |
April 24, 2025-Stronger regional economic ties can help build resilience during a time of growing policy uncertainty
As the global economic system is being reset, US tariffs are the highest in a century-with some of the steepest aimed at Asia. A leader in global trade, Asia accounted for nearly 60 percent of global growth in 2024. However, the region's successful growth model, based on trade liberalization and integration into value chains, faces mounting challenges.
April 24, 2025-In 2024, the A-share market achieved a historic milestone with total dividend payouts reaching RMB 2.4 trillion (US$ 338 billion). As of April 13, 1,156 listed companies had announced dividend plans amounting up to RMB 1.13 trillion (US$ 160 billion). Meanwhile, the dividend yield of the CSI 300 Index and CSI Dividend Index has reached 3.5% and 6.3%, highlighting strong cash distributions.
April 24, 2025--The median liquidity coverage ratio (LCR) across the 29 global systemically important banks (G-Sibs) fell by 2.14 percentage points in 2024 to 131%-the lowest level since Q1 2020.
April 23, 2025—Increasing domestic revenues key to stronger fiscal buffers
Amid increasing uncertainty in the global economy, South Asia's growth prospects have weakened, with projections downgraded in most countries in the region. Stepping up domestic revenue mobilization could help the region strengthen fragile fiscal positions and increase resilience against future shocks, says the World Bank in its twice-yearly regional outlook.
April 22, 2025- Solactive is pleased to continue its partnership with KB Asset Management with the upcoming launch of KB RISE US Natural Gas Value Chain ETF, tracking the Solactive US Natural Gas Value Chain Index. This ETF offers investors a comprehensive approach to the US natural gas sector, providing exposure to companies operating across the entire natural gas value chain, from production to infrastructure and export.
April 21, 2025--Rise in passive funds and long-term investments shows country's burgeoning equity culture
Growing up in New Delhi, 38-year-old health worker Nausheen Zaidi said her parents invested in fixed deposits, life insurance and land.
April 11, 2025-Indxx is pleased to announce the licensing of its Indxx India Digital Select 5 NTR Index and Indxx India Large-Cap Growth Select 5 NTR Index to KB Securities as the underlying benchmarks for two funds. The KB India Digital Select 5 ETN (Ticker: KRG580000674) and KB India Large-Cap Growth Select 5 ETN (Ticker: KRG580000666), which track the Indxx India Digital Select 5 NTR Index and Indxx India Large-Cap Growth Select 5 NTR Index, respectively, began trading on the Korea Exchange today.
April 8, 2025-In FY 2024-25, a total of 11 new passive funds (exchange traded funds and index funds) tracking Nifty Indices were launched in Japan and Korea. Of these, 9 funds track the Nifty 50 Index, while one tracks the Nifty India Corporate Group Index-Tata Group 25% and another tracks the Nifty Midcap 50 Index.
April 3, 2025--Boosting AI adoption, increasing labor participation, and allocating resources more efficiently can help offset the economic drag from an aging population
Strong economic fundamentals and sound macroeconomic policies have helped the Korean economy through multiple shocks in recent years. However, potential growth has slowed more quickly than in other major advanced economies, and the economic expansion is likely to moderate this year.
April 2, 2025-Summary
After three decades of near-zero inflation, signs are growing that Japan's economy is reaching a new equilibrium with inflation sustained at the Bank of Japan's 2 percent headline inflation target.