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US Fed's rate hike schedule creates room for S. Korea's monetary policy: BOK chief

A slower rate hike schedule by the US Federal Reserve may give South Korea greater leeway in terms of setting monetary policy in the new year, the head of the country's central bank said Thursday. O...

Dec 20, 2018
Finance
Korea vows to thoroughly prepare for destabilizing factors

South Korea will make thorough preparations for any destabilizing factors after the US raised interest rates, a senior official said Thursday. Lee Ho-seung, the first vice minister of economy and fi...

Dec 20, 2018
Finance
Korean banks to adopt new global rules on interest rate risk next year

South Korean banks will adopt new global rules on management and supervision of interest rate risk next year, the nation's financial watchdog said Thursday. The so-called Interest Rate Risk in the B...

Dec 20, 2018
Finance
Rate differentials have minor impact on foreign bond capital outflow: BOK

The interest rate differentials between the United States and South Korea have had a negligible effect on the outflow of foreign capital from the domestic bond market, showed a study by Korea’s centr...

Dec 19, 2018
Finance
Seoul shares rise on institutional buying

South Korean stocks advanced Wednesday on the back of institutional buying, with investors setting eyes on the upcoming results from the US Federal Reserve's rate-setting meeting, analysts said. The ...

Dec 19, 2018
Finance
Korea to remove uncertainty over corporate investments: finance minister

South Korea's finance minister vowed Wednesday to remove uncertainty over corporate investments as Asia's fourth-largest economy is moving to cut red tape. Hong Nam-ki, the minister of economy and f...

Dec 19, 2018
Finance
Finance minister, central bank chief vow coordinated policy efforts to tackle uncertainties

South Korea's new finance minister and the central bank chief on Wednesday vowed to make concerted efforts to tackle uncertainties and bolster the economy next year. "It doesn't seem that the econom...

Dec 19, 2018
Finance
Global financial risks, major factor for capital outflow in Korean

The South Korean bond market was rarely affected by fluctuating interest rate gaps with the United States in the past but was instead highly influenced by global financial risks, a central bank repor...

Dec 19, 2018
Finance
Regulator to grant 3rd Internet-only bank permit in May next year

South Korea plans to give preliminary approval to a third Internet-only bank in May next year as the government seeks to reinvigorate the financial industry, the head of the financial regulator said ...

Dec 19, 2018
Finance
Shinhan Bank benefits from ‘Park Hang-seo’ fever in Vietnam

The Vietnamese football team’s latest victory in the regional finals under South Korean coach Park Hang-seo has helped South Korean companies. A leading beneficiary was Shinhan Bank, which appointed...

Dec 18, 2018
Finance
Short-term bond yield inches closer to base rate

South Korea’s short-term sovereign bond yield has hovered just above the base rate, due to lingering market impact from the government’s plan to repurchase bonds before maturity and market uncertaint...

Dec 17, 2018
Finance
Lotte to sell off private financing unit

Lotte Group is poised to sell its financing unit Lotte Capital and discuss the matter in the respective board of directors meetings of its shareholding Lotte subsidiaries this week, according to a ne...

Dec 17, 2018
Finance
Regulator bolsters guidelines on equity-tied securities to better protect investors

The financial watchdog said Monday it has strengthened guidelines on sales of equity-tied securities to better protect investors. Equity-linked securities, which are hybrid debt securities whose ret...

Dec 17, 2018
Finance
US monetary policy change has little impact on commodity-importing S. Korea: report

A change in US monetary policy has relatively little impact on commodity-importing countries, like South Korea, a report said Monday. According to the report published by the Bank of Korea, when the...

Dec 17, 2018
Finance
Govt. to expand loan programs to include people with worst credit scores

The government plans to offer loans to people with the lowest credit ratings as a way to save them having to borrow from loan sharks, officials said Monday. Financial authorities operate a number of...

Dec 17, 2018
Finance

The Korea Herald by Herald Corporation

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Date of registration : 2015.04.28
Publisher. Editor : Kwon Chung-won
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