President says special envoys help fill diplomatic hiatus

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More listed firms seek to use shadow voting this year

A total of 642 listed firms in South Korea have sought the practice of shadow voting this year to meet quorum requirements for approval at their annual meetings of shareholders, sharply up 40 percent...

Updated : 2017.04.26 13:09

Mortgage-backed deals rise in Q1, but pace of growth slows

South Korea's residential mortgage-backed securitizations slightly rose in the first quarter of this year, but the pace of quarterly growth slowed because of the government's efforts to curb mounting...

Updated : 2017.04.26 09:35

Stocks open higher on gains in tech, autos

South Korean stocks opened higher Wednesday led by gains in tech companies, chemicals firms and automakers. The benchmark Korea Composite Stock Price Index rose 7.91 points, or 0.36 percent, to 2,20...

Updated : 2017.04.26 09:30

Korea's 3rd bourse to ease listing rules

South Korea's stock market for venture firms and start-ups plans to ease its listing rules, allowing more small firms to raise funds via the market, the nation's financial regulator said Tuesday. Th...

Updated : 2017.04.25 16:19

Kospi hits a 6-year high on foreign buying

South Korean stocks on Tuesday hit a six-year high, on strong buying from foreign investors with the global stock market rally, brokerage data showed. The nation’s benchmark Kospi closed at 2,196.8...

Updated : 2017.04.25 16:01

Hyundai Samho lands W300b IMM Private Equity investment

Hyundai Samho Heavy Industries, a shipbuilding affiliate of Hyundai Heavy Industries, has landed a 300 billion won ($265.7 million) pre-initial public offering investment with IMM Private Equity. Un...

Updated : 2017.04.25 15:08

Daewoo E&C back in black following record Q1 performance

Daewoo Engineering & Construction has recorded its largest quarterly operating profit in the company’s history, posting operating profits of roughly 22.1 billion won ($19.5 million) and a net income...

Updated : 2017.04.25 15:00

Mirae's 4 ETFs excel in HK

Mirae Asset Global Investments, an asset management unit under Mirae Asset Global Investments Group, said its four exchange-traded funds have shown their competitive edge against other ETF products o...

Updated : 2017.04.25 12:52

Credit card companies’ challenges and responses in the fourth industrial revolution

Since the fourth industrial revolution was discussed in the World Economic Forum in January, 2016, the academic circle and the media have expressed interests in key drivers of the fourth industrial r...

Updated : 2017.04.25 12:51

Korean shares up in late morning trade

South Korean stocks traded higher late Tuesday morning, led by gains in tech and autos. The benchmark Korea Composite Stock Price Index advanced 9.11 points, or 0.42 percent, to 2,182.85 as of 11:15...

Updated : 2017.04.25 11:52

Foreign buying boosts Korean benchmark index

Foreign investors bought South Korean stocks for a third straight session, fueling expectations that the country's benchmark index could break this year's record high, brokerage data showed Tuesday. ...

Updated : 2017.04.25 11:01

Life insurers to face pressure on adoption of new global accounting standard

The reported capitalization of South Korean life insurers is expected to face pressure if they adopt a new international accounting standard, credit appraiser Moody's Investors Services said Tuesday....

Updated : 2017.04.25 10:33

Korea's finance minister talks with head of Citigroup

South Korea's finance minister held talks with the head of global investment bank Citigroup Inc. on Monday (local time) to share his views on global recovery trends and its impact on Asia's fourth-la...

Updated : 2017.04.25 09:48

Sales of 4 credit rating firms edge down in 2016

The combined sales of South Korea's four credit rating companies fell 0.2 percent on year in 2016, due to a decline in sales of corporate bonds, data showed Tuesday. Total sales for four credit rati...

Updated : 2017.04.25 09:46

Stocks open higher on gains in tech and autos

South Korean stocks opened higher Tuesday, led by gains in tech firms and automakers. The benchmark Korea Composite Stock Price Index rose 2.39 points, or 0.11 percent, to 2,176.13 in the first 15 m...

Updated : 2017.04.25 09:34