The Korea Herald

KOSPI-KOSDAQ gap widens amid bullish mood for big caps

Mar 17, 2017

The market capitalization gap between South Korea's two stock trade boards -- KOSPI and KOSDAQ -- has continued to grow recently as institutional investors have increasingly favored the main market o...
Stocks open lower on tech loss

Mar 17, 2017

South Korean stocks opened slightly lower Friday, after a surge in the previous session following the US Federal Reserve's rate hike. The benchmark Korea Composite Stock Price Index fell 0.35 point,...
South Korean stocks rally, currency firm after US Fed announcement

Mar 16, 2017

South Korea’s benchmark stock index hit a near two-year high Thursday, while the local currency strengthened more than 1 percent, following the US interest rate hike overnight. The Korea Composite S...
Korean stocks up late morning trade

Mar 16, 2017

South Korean stocks traded higher late Thursday morning, but pared their earlier gains on profit-taking, as the US Federal Reserve, as expected, raised interest rates and hinted that future adjustmen...
Stocks open sharply higher on Fed rate hike

Mar 16, 2017

South Korean stocks opened sharply higher Thursday, as investors took a cue from overnight gains on Wall Street amid eased concerns over the pace of the interest rate hike in the United States. The ...
Foreign ownership of Korean stocks hits record high

Mar 16, 2017

Foreign ownership of South Korean stocks reached a fresh high this week with offshore investors owning more than 50 percent in dozens of listed companies, data showed Thursday. Foreign investors hel...
Savings banks' 2016 net surges 34.6%

Mar 16, 2017

South Korea's savings banks posted a sharp increase in their combined net profit last year on increased interest income, data showed Thursday. The total net income of 79 savings banks here jumped 34...
US Fed raises key rates for first time under Trump

Mar 16, 2017

The US Federal Reserve raised key interest rates Wednesday in a decision that reflects an economy getting healthier than expected, signaling that additional hikes would be made in a gradual manner la...
Seoul stocks down from almost 2-year high on profit-taking, Fed meeting

Mar 15, 2017

South Korean stocks closed slightly lower on Wednesday, slipping from their almost two-year highs the previous session, as investors opted to lock in part of recent gains ahead of the outcome of the ...
Net profits of listed firms hit record high in 2016: report

Mar 15, 2017

South Korean companies listed on the main bourse Kospi and tech-heavy Kosdaq saw their combined net profits hitting a record high in 2016, a report said Wednesday. According to the report by securit...
Korea Exchange holds IR session in Singapore

Mar 15, 2017

South Korea's stock market operator made a pitch Wednesday for the country's equity market in Singapore as part of efforts to attract more global investors and firms seeking IPOs. The annual Korea C...
Korea central bank chief leaves for G20 meeting in Germany

Mar 15, 2017

South Korea's central bank chief left for Germany on Wednesday to discuss pending economic issues with his counterparts from the world's major economies, the Bank of Korea said. BOK Governor Lee Ju-...
Banks' foreign currency deposits up 5% in February

Mar 15, 2017

Foreign currency deposits held by banks operating in South Korea rose 5 percent in February from a month earlier as exporters deposited their dollar-denominated earnings, central bank data showed Wed...
Korean stocks edge down late morning trade

Mar 15, 2017

South Korean stocks traded lower late Wednesday morning as investors took to the sidelines waiting the outcome of the US Federal Reserve's statement on its rate policy. The benchmark Korea Composite...
Credit card loans under watchdog's scrutiny

Mar 15, 2017

South Korea's state financial watchdog said Wednesday it is looking into a recent surge in personal loans by some credit card firms amid concerns about massive household debt here. The Financial Sup...