Seoul to sell naming rights for 58 additional subway stations

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Mirae Asset’s global ETFs exceed W15tr in assets

Mirae Asset Global Investments said Thursday its exchange-traded funds around the globe have exceeded 15 trillion won ($13.4 billion) in assets under management as of the end of February. The asset ...

Updated : 2017.03.23 16:27

Seoul stocks inch up on foreign, institutional buying

South Korean stocks rose slightly Thursday on the back of net purchases by foreign and institutional investors, ahead of a US healthcare vote that will demonstrate US President Donald Trump's ability...

Updated : 2017.03.23 16:08

Seoul stocks start higher on Wall Street gains

South Korean shares opened higher Thursday, taking their cue from overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index rose 2.77 points, or 0.13 percent, to 2,171.07 in th...

Updated : 2017.03.23 10:57

More than 70% of ranking officials see assets increase in 2016

Despite the economic slowdown, more than seven out of 10 South Korean lawmakers and high-ranking civil servants saw their wealth rise last year due mainly to an increase in the value of their real es...

Updated : 2017.03.23 10:55

Over half of listed firms see share prices dip this year

More than half of listed firms in South Korea saw their share prices drop in 2017 from the end of last year despite the recent surge of the benchmark index and top-cap Samsung Electronics Co., data s...

Updated : 2017.03.23 10:53

Seoul stocks fall on foreign sell-offs

South Korean stocks fell Wednesday, weighed down by sell-offs by foreign investors as their risk appetite weakened by a sharp decline on Wall Street overnight. The Korean won fell against the US doll...

Updated : 2017.03.22 16:27

Electronic payments hit record high in 2016

The amount of payments made electronically hit a record high in 2016, central bank data showed Wednesday, underscoring the growing trend of South Koreans using electronic means for financial transact...

Updated : 2017.03.22 16:23

[Advertorial] Eximbank funds $78m to build IT landmark in Pakistan

South Korea’s state-run policy lender said it has agreed to offer a $76 million loan as part of the Economic Development Cooperation Fund to the Pakistani government to build an IT park in Islamabad...

Updated : 2017.03.22 15:49

'UK commercial real estate an opportunity for Korean investors'

The commercial real estate market in the UK is likely to maintain a stable outlook for several years going forward and offer opportunities for Korean institutional investors, a UK real estate investm...

Updated : 2017.03.22 15:48

Samsung releases mobile payment tool in India

Samsung Electronics Co. said Wednesday it has released its mobile payment service -- Samsung Pay -- in India, tapping into one of the fastest-growing smartphone markets in Asia. The South Korean tec...

Updated : 2017.03.22 14:31

Current FX rate not problem given limited volatility

South Korea's finance minister said Wednesday that the current pace of the local currency's appreciation is not a problem should the volatility of the won-dollar rate remains limited. "If the volati...

Updated : 2017.03.22 11:33

Korean shares retreat on Wall Street losses

South Korean shares retreated late Wednesday morning from an almost six-year high in the previous session, tracking an overnight decline on Wall Street. The benchmark Korea Composite Stock Price Ind...

Updated : 2017.03.22 11:30

Seoul stocks start lower, tracking Wall Street losses

South Korean shares opened weak Wednesday, tracking Wall Street's decline overnight as investors were concerned about US President Donald Trump's pledge to implement his agenda. The benchmark Korea ...

Updated : 2017.03.22 10:40

Kospi hits near-6-year high

South Korea’s main stock index hit a high not seen in nearly six years Tuesday, hoisted by gains in most large-cap stocks. The benchmark Korea Composite Stock Price Index closed up 21.37 points, or...

Updated : 2017.03.21 18:11

Korea's bourse highest since summer 2011

South Korea's benchmark stock index on Tuesday hit its highest mark since July 2011, helped by gains made by Samsung Electronics, Hyundai Motor and other market heavyweights. The Korean won fell agai...

Updated : 2017.03.21 16:06