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[Advertorial] KDB Foundation begins 2017 art education for marginalized kids

The state-run Korea Development Bank said Tuesday its KDB Foundation has begun its annual art education project for elementary school children in low-income households, as part of its long-term social...

Updated : 2017.06.27 18:32

Seoul stocks close at all-time high for 2nd session

South Korean stocks closed at an all-time high Tuesday for a second straight session, helped by a net purchase by retail investors. The Korean won rose against the US dollar.The benchmark Korea Compos...

Updated : 2017.06.27 16:20

Banks urged to mitigate risks from household lending

Financial authorities have urged banks to take measures to mitigate risks from household lending, before tightening rules on home lending early next month, an official said Tuesday. At a meeting with ...

Updated : 2017.06.27 13:00

Korean shares hit fresh intraday high on retail buying

South Korean shares hit a fresh intra-day high late Tuesday morning, thanks to a retail investor buying spree. The benchmark Korea Composite Stock Price Index gained 1.51 points, or 0.06 percent, to 2...

Updated : 2017.06.27 11:47

Oil-focused funds lose big on falling crude prices

South Korea's three oil commodity exchange traded funds have posted abysmal returns over the past month due to falling international crude prices, a fund evaluation firm said Tuesday.With crude prices...

Updated : 2017.06.27 10:12

Price index gap between major, minor bourses hits new high

The price index gap between South Korea's main and secondary bourses has hit a new high as the current bull run of the local stock market is driven largely by big caps, data showed Tuesday.The benchma...

Updated : 2017.06.27 10:10

Seoul stocks start lower on profit-taking

South Korean shares opened marginally lower Tuesday as investors opted to cash in part of recent gains.The benchmark Korea Composite Stock Price Index slipped 1.34 points, or 0.06 percent, to 2,387.32...

Updated : 2017.06.27 10:00

Kospi resumes record run in 2 weeks

The main bourse in South Korea resumed its record run in 11 trading days on Monday.The benchmark Korea Composite Stock Market Index closed at 2,388.66, up 0.42 percent, or 10.06 points from Friday clo...

Updated : 2017.06.26 18:28

Legal battle continues between Mirae Asset and SME head

The ongoing lawsuit raised in 2016 by a Coffee Bean and Tea Leaf franchise in China against Mirae Asset Financial Group and Chairman Park Hyeon-joo has become more complicated, as the franchise’s CEO...

Updated : 2017.06.26 17:24

Crude oil slump casts shadow on monetary tightening

The prolonged slump in crude oil prices may put a damper on the South Korean central bank’s anticipated monetary tightening, industry watchers said Monday. This came after oil prices spiraled to a re...

Updated : 2017.06.26 16:20

FSS’ new data to bring Moon’s attention to self-employed

The Financial Supervisory Service said Sunday it has been in talks with the Financial Services Commission to raise the attention of the debts of the self-employed.The FSS and the FSC are reportedly fo...

Updated : 2017.06.25 18:23

US dollar likely to strengthen against Korean won in H2: think tank

The US dollar is expected to strengthen against the Korean won in the second half due to uncertainties surrounding trade conditions and rate hikes being undertaken by the Federal Reserve, a local think thank said Sunday.The Korea Institute of Finance said judging by overall supply and dema...

Updated : 2017.06.25 15:23

[Advertorial] KRX commits to social responsibilities via foundation

Korea Exchange’s Happy Foundation is closing off the first half of this year with expanded social responsibility projects nationwide and overseas, ranging from offering financial education to informa...

Updated : 2017.06.25 14:59

KB’s job fair completes 12th successful session

From 31-year-old Kim Ka-ram, who landed a marketing job after some 100 tries, to 49-year-old Kim Eun-young, who was hired by a manufacturing company after seeking to rejoin the workforce after raising...

Updated : 2017.06.25 14:54

Conversions of bonds into equities soar on bull market

South Korean investors' conversion of equity-linked bonds into shares have surged in recent months amid the bull run of the stock market, data showed Friday.Investors converted 187 billion won (US$164 million) worth of convertible bonds (CBs), exchangeable bonds (EBs) and bonds with warran...

Updated : 2017.06.23 10:28