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Q2 optimism, bullish IT lift Kospi outlook

The main stock market’s consensus net profit estimate for this year has been raised in the wake of a strong earnings forecast for the second quarter and buoyancy of IT firms at home and abroad. The...

Updated : 2017.05.28 16:07

Alternative investment funds post sharp growth

The size of funds that invest in real estate and nontraditional assets has topped the 100 trillion-won ($89 billion) mark as investors poured money into alternative vehicles seeking stable returns, i...

Updated : 2017.05.28 10:34

Shares of Hyundai Heavy, shipbuilders rise on recovery hope, oil prices

Hyundai Heavy Industries Co. and other major shipyards have seen their stock prices continue to build up gains hitting yearly highs on expectations that the shipbuilding sector is on a recovery track...

Updated : 2017.05.28 09:57

Seoul shares to maintain upward move next week on sound economic data

South Korean stocks are expected to continue to build up gains next week on the back of strong economic data, analysts said Saturday. The benchmark Korea Composite Stock Price Index closed at 2,355....

Updated : 2017.05.27 11:19

Seoul stocks sets another record for 5th consecutive session

South Korean shares extended their winning streak to end at a new record high Friday on the back of improved investors' sentiment on gains from the Wall Street, analysts said. The Korean won fell aga...

Updated : 2017.05.26 16:03

KB Kookmin Bank sells $400m in bonds in Taiwan

South Korea's top lender KB Kookmin Bank said Friday that it has successfully issued $400 million worth of bonds in Taiwan, becoming the first local bank to do so. The Formosa bonds will mature in f...

Updated : 2017.05.26 15:17

Foreign investors’ daily trading hits record

The average daily stock trading by foreign investors reached nearly 2 trillion won ($1.78 billion) this month, the highest ever in recorded history, according to the Korea Exchange on Friday. In the...

Updated : 2017.05.26 15:05

Seoul shares up 0.42% in late-morning trade

South Korean stocks traded 0.42 percent higher late Friday morning, led by gains in logistics and tech firms, analysts said. The benchmark Korea Composite Stock Price Index rose 9.73 points, or 0.42...

Updated : 2017.05.26 11:29

Seoul shares open tad higher after rally

South Korean stocks opened with a marginal gain on Friday, taking a breather from the previous session's rally that hit an all-time high, analysts said. The benchmark Korea Composite Stock Price Ind...

Updated : 2017.05.26 09:55

Stock-related floating money rises steadily amid uncertainty

Money floating around the South Korean stock market has grown steadily this year as investors park funds in short-term equity-related vehicles amid financial uncertainty and a recent market rally, da...

Updated : 2017.05.26 09:13

NPS to expand stock investment to 45% by 2022

South Korea’s pension behemoth the National Pension Service said it has decided to allocate more funds in stock investment, up to 45 percent of the total fund, by 2022. Currently managing about 563...

Updated : 2017.05.25 18:03

Kospi carries on record run on world rally

The benchmark index of South Korea‘s main bourse continued its run into an unprecedented high for the fourth straight trading day Thursday, riding on the US market rallies after the release of the U...

Updated : 2017.05.25 16:19

Moon’s transition team urges FSC to find new ways to control debt

The head of President Moon Jae-in’s de facto transition team Thursday urged the Financial Services Commission to adopt a new way to curb household debt and speed up liquidation of debt-ridden firms....

Updated : 2017.05.25 16:17

SC Bank runs promotion for first-time asset management customers

Standard Chartered Bank Korea is holding an appreciation event until the end of May offering Shinsegae mobile gift certificates to all customers who sign up for its asset management services. The ba...

Updated : 2017.05.25 14:52

Korean shares up in late morning trade

South Korean shares traded higher late Thursday morning and are poised to close at a fresh record high, as foreign and institutional buyers scooped up market heavyweights amid upward momentum, analys...

Updated : 2017.05.25 13:09