KOREA INVESTMENT CORPORATION
Government-owned investment organization that administers the sovereign wealth fund of the Government of South Korea. It specializes in overseas investments. Formed by the Korea Investment Corporation Act in July 2005, it was initially created by receiving deposits of $17 billion from the Bank of Korea and $3 billion from the Korean Ministry of Strategy and Finance. KIC has around $55 billion in assets as of this year. Its main thrust is to improve the country’s sovereign wealth and to contribute in developing Korea’s financial industry.
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Independent federal agency in the United States regulating the commodity futures and options markets. A product of the Commodity Futures Trading Co ...
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Raider
A raider is a person that attempts to take over a company through making a hostile takeover bid. Raiders target companies with undervalued assets a ...
Net Sales
It refers to the gross revenues minus returns and discounts of a company. It is the amount presented in an income statement under sales revenue.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | May | |
| 10:00 | Ifo Business Climate Index | Jul | |
| 10:00 | Ifo Current Assessment | Jul | |
| 10:00 | IFO - Expectations | Jul | |
| 10:00 | Private Sector Credit | Jun | |
| 10:00 | M3 Money Supply | Jun | |
| 12:00 | CBI retail sales volume balance | Jul | |
| 14:30 | Durable Goods Orders | Jun | |
| 01:01 | BRC Shop Price Index | Jul |
