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Net profits of listed firms hit record high in 2016: report

South Korean companies listed on the main bourse Kospi and tech-heavy Kosdaq saw their combined net profits hitting a record high in 2016, a report said Wednesday. According to the report by securit...

Updated : 2017.03.15 15:46

Korea Exchange holds IR session in Singapore

South Korea's stock market operator made a pitch Wednesday for the country's equity market in Singapore as part of efforts to attract more global investors and firms seeking IPOs. The annual Korea C...

Updated : 2017.03.15 15:03

Korea central bank chief leaves for G20 meeting in Germany

South Korea's central bank chief left for Germany on Wednesday to discuss pending economic issues with his counterparts from the world's major economies, the Bank of Korea said. BOK Governor Lee Ju-...

Updated : 2017.03.15 14:39

Banks' foreign currency deposits up 5% in February

Foreign currency deposits held by banks operating in South Korea rose 5 percent in February from a month earlier as exporters deposited their dollar-denominated earnings, central bank data showed Wed...

Updated : 2017.03.15 13:16

Korean stocks edge down late morning trade

South Korean stocks traded lower late Wednesday morning as investors took to the sidelines waiting the outcome of the US Federal Reserve's statement on its rate policy. The benchmark Korea Composite...

Updated : 2017.03.15 11:37

Credit card loans under watchdog's scrutiny

South Korea's state financial watchdog said Wednesday it is looking into a recent surge in personal loans by some credit card firms amid concerns about massive household debt here. The Financial Sup...

Updated : 2017.03.15 10:29

Stocks open lower on overnight US fall, profit-taking

South Korean stocks opened lower Wednesday, as investors took a cue from overnight losses on Wall Street and attempted to lock in recent gains. The benchmark Korea Composite Stock Price Index shed 2...

Updated : 2017.03.15 09:29

Seoul stocks soar to near 2-year high on massive foreign buying

South Korean stocks reached almost two-year highs on Tuesday as foreign investors continued to scoop up local stocks, extending their buying binge to a seventh consecutive day following eased politic...

Updated : 2017.03.14 16:15

Regulator warns against complacency over market stability

South Korea's financial market has maintained its stability despite the recent political turmoil, but authorities can't afford to be complacent, given a slew of remaining challenges, a top regulator ...

Updated : 2017.03.14 15:55

IBK provides funds for SMEs hit by China’s travel ban

State-run lender Industrial Bank of Korea said it will provide a total of 100 billion won ($87 million) in special loans for small and medium-sized enterprises whose businesses have been hurt by Chin...

Updated : 2017.03.14 15:19

Home transactions grow 7.1% on-year in Feb.

South Korea's home transactions grew from a year earlier last month, helped by a sharp increase in rural areas, the government said Tuesday. In February, a total of 63,484 homes here changed hands, ...

Updated : 2017.03.14 14:10

Korea set to take market-stabilizing actions following US rate hike

South Korea will take market-stabilizing actions if the expected US rate hike stirs up volatility in the local market, the finance ministry here said Tuesday. The US Federal Reserve will have its tw...

Updated : 2017.03.14 11:54

Korean stocks trade at 2-year high in late morning trade

South Korean stocks traded sharply higher late Tuesday morning as political chaos in the country eased after the Constitutional Court ruled to oust President Park Geun-hye and investors increased ris...

Updated : 2017.03.14 11:43

Market cap of foreign-owned stocks tops W511tr

The combined market capitalization of South Korean stocks held by foreigners has exceeded 511 trillion won ($445 billion), hitting an all-time high, data showed Tuesday. Foreigners have purchased a ...

Updated : 2017.03.14 09:44

Stocks open higher on tech, automakers

South Korean stocks opened higher Tuesday, with most market heavyweights remaining in positive terrain. The benchmark Korea Composite Stock Price Index rose 8.71 points, or 0.41 percent, to 2,125.30...

Updated : 2017.03.14 09:36