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Seoul shares expected to take breather on liquidity worries

South Korean shares are expected to take a breather next week as worries remain that the recent decision by the Bank of Japan not to unveil additional stimulus measures could lower the overall appetite for risky assets, analysts said Saturday.The benchmark Korea Composite Stock Price Index...

Updated : 2016.04.30 12:13

Seoul shares down 0.34 pct on large-cap losses

South Korean stocks closed lower on Friday as investors unloaded tech, auto and large caps following the overnight bearish run in U.S. markets. The Korean won fell against the U.S. dollar.The benchmar...

Updated : 2016.04.29 15:44

Korean shares open lower on Wall Street losses

South Korean stocks got off to a weak start Friday following overnight losses on Wall Street.The benchmark Korea Composite Stock Price Index fell 7.42 points, or 0.37 percent, to 1,993.51 in the first...

Updated : 2016.04.29 10:45

KT’s Q1 net profit falls 23.3%

South Korea’s telecom giant KT Corp. said Friday that its first-quarter net profit dropped 23.3 percent from a year earlier on increased costs and a slowdown in the fixed-line telephony business.  K...

Updated : 2016.04.29 10:39

Korea to pursue rapid restructuring, safeguard jobs

South Korea’s Finance Minister Yoo Il-ho has called for rapid and aggressive restructuring of companies under heavy debts to ensure that this does not negatively affect the capital market and househo...

Updated : 2016.04.28 16:07

Seoul shares end lower after BOJ's surprise move

Korean stocks closed lower on Thursday as investors digested mixed economic news, including the Federal Reserve's interest rate freeze and the Bank of Japan's additional stimulus hold-off in a rather ...

Updated : 2016.04.28 15:39

KRX awaits greenlight for holding firm plan

Korea’s bourse operator is keenly awaiting the enactment of the revised Capital Market Act in order to realize its plan to go public and become a financial holding company as part of its efforts to b...

Updated : 2016.04.28 14:56

Bank lending rates on household loans rise in March

Bank lending rates on new household loans climbed from a month earlier in March while interest paid on fresh bank deposits dipped to a six-month low, central bank data showed Thursday.The average inte...

Updated : 2016.04.28 14:08

Analysts failed to foresee collapse of Hanjin Shipping shares

Local analysts are under fire for failing to foresee a plunge in the share prices of Hanjin Shipping. On Monday, Hanjin shares plummeted by the daily limit of 29.94 percent after company applied for a...

Updated : 2016.04.28 13:45

Hyundai Card ready for battle against tech firms

Hyundai Card, known for its original marketing ideas, appears to be undaunted by the threat posed by the savvy new payment technologies of local IT giants. “We are fully prepared to face the challeng...

Updated : 2016.04.28 11:55

Seoul shares open higher on securities gains

Korean share prices opened higher Thursday on a rally in securities shares.The benchmark Korea Composite Stock Price Index rose 6.46 points, or 0.32 percent, to 2,021.86 in the first 15 minutes of tra...

Updated : 2016.04.28 10:53

Private equity funds with stake in Doosan Infracore China fail to roll over debts

A group of Korea-based private equity funds has failed to roll over the maturing loans they took out to acquire a stake in the Chinese unit of construction equipment maker Doosan Infracore, market sou...

Updated : 2016.04.28 10:42

KDB to open final bids for KDB Capital

Korea Development Bank plans to open binding bids for the sale of 99.9 percent of KDB Capital, an equipment leasing and venture capital firm, around the end of this month, the state-run lender said We...

Updated : 2016.04.27 18:19

[Photo News] Number of vacant office buildings soars

LEASE FEE DISCOUNT -- Two women walk past a building in Gangnam, southern Seoul, which is publicizing a 20 percent discount on the rental fees of offices, on Wednesday. The government said the average...

Updated : 2016.04.27 17:11

Nature Republic IPO faces further delay

Nature Republic’s plan for an initial public offering faces another delay, after the firm’s trouble-making CEO made headlines for allegedly assaulting his lawyer while in jail. “The IPO schedule ha...

Updated : 2016.04.27 17:10