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Majority of Korean firms expect worse conditions, plan to cut investment in USMar 13, 2017A majority of South Korean businesses in the United States expect additional difficulties down the road due to what many view as protectionist trade policies of the new US administration, a survey sh... -
Korean shares open higher on eased political uncertaintiesMar 13, 2017South Korean stocks opened higher Monday on eased political uncertainties following the ouster of President Park Geun-hye over a corruption scandal. The benchmark Korea Composite Stock Price Index r... -
Korea's stock market volatility at lowest levelMar 13, 2017South Korea's stock market posted the lowest level of price swings in the first two months of the year, data showed Monday. It indicates that the stock trade here was relatively lackluster with the ... -
Seoul remains steadfast in ensuring post-impeachment market stabilityMar 12, 2017South Korea's financial authorities reaffirmed on Sunday that they will remain vigilant to ensure market stability and stave off any fallout from the ouster of President Park Geun-hye. The Constitut... -
Stock market gains less than 4% under Park's termMar 12, 2017South Korea's stock market advanced by less than 4 percent under former President Park Geun-hye's truncated administration period, far lagging behind other foreign rivals' performances, hit by a slum... -
Korea to expand financing of int'l infrastructure projectsMar 12, 2017South Korea will expand participation in overseas infrastructure projects co-financed by international development banks to help its businesses tap more deeply into developing countries, the finance ... -
Regulators tighten monitoring of market risksMar 11, 2017South Korea's financial authorities agreed Saturday to tighten real-time monitoring of banks' foreign exchange liquidity and other market risks, as the country earnestly prepares for a presidential e... -
Korea's currency value not to be swayed by US blacklistMar 11, 2017Even if the US designates South Korea a currency manipulator, it won't lead to a significant appreciation of the won's value, a private think tank here said Saturday. The Woori Finance Research Inst... -
Seoul shares forecast to face increased volatility next weekMar 11, 2017South Korean shares are expected to face increased volatility next week as the US Federal Reserve is set to decide interest rates and a set of other major events are in store, analysts said Saturday.... -
Bond funds suffer massive outflows amid rate hike concernsMar 11, 2017Funds that have invested in domestic bonds have suffered massive cash outflows as investors pulled part of their money out of the funds amid concerns over a rate hike in the US, industry data showed ... -
Korean shares lag far behind US stocks in performanceMar 10, 2017South Korea's main index rose 80 percent in the past eight years, but still lags far behind US stocks' performance during the same time, the country's main bourse said Friday. The benchmark Korea Co... -
Investment advisory firms shift to losses on less contractMar 10, 2017A majority of investment advisory companies in South Korea suffered losses in the third quarter of their fiscal 2016, hit by a decrease in contract amount, data showed Friday. A total of 159 full-ti... -
FSS monitors Korean banks’ lending to Lotte’s units in ChinaMar 9, 2017Lack of pre-emptive measures against fallout from THAAD decision adds burden to local firms -
Banks' bad loans fall on risk managementMar 9, 2017South Korean banks reduced the volume of non-performing loans last year through strict risk management, government data showed Thursday. The ratio of loans classified as "substandard or below" came ... -
Household loans up 10.3% in FebruaryMar 9, 2017South Korea's household loans extended by local banks rose 10.3 percent in February from a year earlier due to increased mortgages, central bank data showed Thursday. Outstanding household loans fro...
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