The Korea IT Times announced on February 10 that it had signed a content license agreement with Nasdaq Corporate Solutions International Limited.
Through its “PR Global and Nasdaq section,” Korea IT Times began to release the news of NASDAQ-listed companies in real-time from last month.
After the IT bubble of the early 2000s, the Nasdaq is once again in the midst of a golden period of the stock market. The rise of 4th Industrial Revolution and US President Donald Trump's economic stimulus policy are anticipating a positive impact to emerging IT companies such as Microsoft, Intel, Apple, Facebook, Tesla and Amazon.
The Nasdaq is an American stock exchange established in 1971 by the National Association of Securities Dealers (NASD) for the purpose of making transparent stock trading of emerging companies traded outside the OTC market and supporting investment in these companies.
Recent trades on the Nasdaq have totaled over 3,800 listed shares equivalent to approximately $10.1 trillion (about 1000 Quadrillion 1579 trillion won).There are more than 2 billion trades a day.
AVP Cabriella Halasz-Clarke, customer service division of GlobeNewswire, Nasdaq, said "There have been many issues stemming from misleading news on Nasdaq-listed companies that were based on gossip or inaccurate information. To prevent this, we have established GlobeNewswire to provide more transparent and accurate information.” She continued, "Through this agreement with the Korea IT Times, we are hopeful for better investment and business cooperation opportunities between Korean companies and Nasdaq.”
Daniel Yoo, Director of Korea IT Times Marketing Division, said, "Through this agreement with the Nasdaq Corporation, we have a good opportunity to deliver Korea IT Times's news to world class NASDAQ listed companies. I expect this to energize business cooperation between IT related companies in Korea and NASDAQ companies.”