President says special envoys help fill diplomatic hiatus

The Korea Herald > Business > Finance

Seoul shares almost flat in late-morning trade

South Korean stocks trading was nearly unchanged late Friday morning, with tech blue chips losing ground while auto large caps moved upward, analysts said. The benchmark Korea Composite Stock Price ...

Updated : 2017.05.19 11:32

Ex-KDB chief gets 4-year jail term for corruption

Former Finance Minister Kang Man-soo was sentenced to four years in prison Friday on multiple corruption charges. The Seoul Central District Court convicted Kang, also a former head of the state-run...

Updated : 2017.05.19 11:29

Seoul shares open tad lower on large-cap losses

South Korean stocks started marginally lower on Friday, as a drop in top-listed firms offset gains in cosmetics and food companies, analysts said. The benchmark Korea Composite Stock Price Index she...

Updated : 2017.05.19 09:51

Seoul shares down 0.27% on Trump risk

South Korean stocks declined 0.27 percent on Thursday, as an elevating US political crisis involving its president prodded investors into a flight from making risky bets, analysts said. The local cur...

Updated : 2017.05.18 16:35

‘Human touch’ vital to digitize banks

Cultural change in the banking industry looms, with financial technology penetrating into the industry worldwide. But the new technology should be embellished with “human touch,” which would lever...

Updated : 2017.05.18 16:02

Seoul shares down 0.49 % in late-morning trade

South Korean stocks traded 0.49 percent lower late Thursday morning, dragged down by a drop in top-cap tech and IT service companies, analysts said. The benchmark Korea Composite Stock Price Index f...

Updated : 2017.05.18 11:52

Stock funds suffer outflows for 8th consecutive session

South Korea's stock funds suffered outflows for an eighth straight trading session on profit-taking as the benchmark stock index stayed in a tight range, data showed Thursday. After touching its hig...

Updated : 2017.05.18 11:14

Two big debutants fare ill on stock market

Shares of the two latest big debutants on South Korea's stock market -- Netmarble Games Corp. and ING Life Insurance Korea -- have tumbled well below their issue price as investors are leery of earni...

Updated : 2017.05.18 10:08

Seoul shares open lower on US losses

South Korean stocks got off to a weak start Thursday, tracking their US peers that ended bearish amid intensifying political turmoil surrounding President Donald Trump's alleged interference with a f...

Updated : 2017.05.18 09:42

Seoul shares down 0.1% on lack of momentum

South Korean stocks inched down Wednesday as there was no fresh lead to drive the market following a recent rally, analysts said. The local currency fell against the US dollar. The benchmark Korea C...

Updated : 2017.05.17 16:19

K-Bank meets 76% of deposit target in 45 days

K-Bank, South Korea's first Internet-only bank, said Wednesday it has achieved 76 percent of its full-year target of attracting deposits just 45 days after launching operations. K-Bank, which was la...

Updated : 2017.05.17 14:19

Citibank Korea to turn 300 contract positions permanent

Some 300 contract employees of Citibank Korea will unconditionally become full-time within 2017, the bank said Tuesday. The benefiting employees are office clerks and bank tellers, currently under u...

Updated : 2017.05.17 13:27

Banks' daily FX turnover up 11.9% in Q1

The daily foreign exchange turnover by local and foreign banks in South Korea rose 11.9 percent in the first quarter from the previous quarter, the central bank said Wednesday. The daily FX turnover...

Updated : 2017.05.17 12:48

Seoul shares down 0.14% in late-morning trade

South Korean stocks traded 0.14 percent lower late Wednesday morning, led by losses in brokerage and utility firms, analysts said. The benchmark Korea Composite Stock Price Index slipped 3.25 points...

Updated : 2017.05.17 11:42

Credit card spending soars 13.7% in March

South Korea's credit card spending jumped nearly 14 percent in March from a year ago on higher oil prices and a rise in the number of outbound travelers, data showed Wednesday. Credit card purchases...

Updated : 2017.05.17 09:44