Seoul to sell naming rights for 58 additional subway stations

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Seoul shares down 0.41% in late morning trade

South Korean stocks traded 0.41 percent lower late Monday morning led by a drop in auto and financial large-caps, analysts said.The benchmark Korea Composite Stock Price Index retreated 8.93 points, o...

Updated : 2017.03.27 12:07

521 employees at financial industry disciplined over irregularities

A total of 521 executives and employees in the nation's financial industry were disciplined last year over their irregularities, data showed Monday, representing that moral hazard was still rampant in...

Updated : 2017.03.27 10:18

Seoul shares open lower on banks, brokerage losses

South Korean stocks got off to a weak start Monday, driven by losses in banks and brokerage firms, analysts said. The benchmark Korea Composite Stock Price Index slipped 7.29 points, or 0.34 percent, ...

Updated : 2017.03.27 09:32

Listed firms' rights issues jump 21.4% in 2016

South Korean listed companies' rights issues soared 21.4 percent in 2016 from a year earlier with firms on the main bourse taking up the lion's share, data showed Monday.A total of 276 companies liste...

Updated : 2017.03.27 09:27

Citibank expands WM service in Korea

Citibank Korea has been expanding its global network-based wealth management service to differentiate its customer service in the South Korean financial market, the bank said Sunday.The Korean unit of...

Updated : 2017.03.26 15:48

Deloitte Anjin gets 1-year new business suspension

The financial regulator said Friday it has decided to ask for Deloitte Anjin to be made to suspend its opening of new accounting services for a year for “turning a blind eye” on the window dressing ...

Updated : 2017.03.24 18:03

'Transformed' FKI vows to boost transparency, take on more think tank role

The Federation of Korean Industries, the largest lobby body for large companies here, said Friday that it would boost transparency and switch to the role of a think tank for the corporate sector.Huh C...

Updated : 2017.03.24 17:37

Korea to sell W8tr state bonds in April

South Korea plans to sell 8 trillion won ($7.1 billion) worth of state bonds next month, the finance ministry said Friday.The government will issue 1.85 trillion won worth of bonds with a maturity of ...

Updated : 2017.03.24 17:35

Seoul stocks fall on foreign sell-off

South Korean stocks fell Friday as foreign investors remained net sellers of local stocks, with sentiment partly subdued after Samsung Electronics said it may have to delay adopting a holding company ...

Updated : 2017.03.24 16:01

Korea to improve accuracy of financial estimates for 8 public insurances

South Korea will carry out an integrated assessment of its eight public insurances' long and mid-term financial estimates in 2018 in a way to better deal with their potential deficit due to the countr...

Updated : 2017.03.24 14:29

Korean shares down, led by Samsung Electronics

South Korean shares traded lower late Friday morning, weighed by Samsung affiliates after Samsung Electronics said it will be difficult to adopt a holding company structure at present.The benchmark Ko...

Updated : 2017.03.24 11:43

Seoul stocks start higher on foreign buying

South Korean shares opened slightly higher Friday, as foreign investors remained net buyers of local stocks. The benchmark Korea Composite Stock Price Index rose 3.44 points, or 0.16 percent, to 2,176...

Updated : 2017.03.24 09:26

Samsung stock funds shine on Samsung Electronics rally

Local funds investing in stocks of Samsung Group units have pulled off stellar performances this year on a surge in top-cap Samsung Electronics Co., far outperforming the overall stock market, data sh...

Updated : 2017.03.24 09:11

Korea's financial system remains resilient

South Korea's financial system remains resilient despite increased risks stemming mostly from rising household debt, the country's central bank said Friday.The country's outstanding household credit -...

Updated : 2017.03.24 09:00

Half of Kospi listed firms see shares slide

Despite Samsung Electronics’ rally on the nation’s main bourse, more than half of listed firms are suffering from falling share prices this year.According to Korea Exchange, which operates the bours...

Updated : 2017.03.23 16:52