North Korea loses world judo event because of security risk

The Korea Herald > Business > Finance

[News Focus] Timely or premature? Citibank’s bold move draws mixed reaction

Amid Citibank Korea’s recent decision to close down 80 percent of its physical branches nationwide, industry insiders are waiting to see how this bold push for non-face-to-face banking will stir the...

Updated : 2017.04.18 15:30

Korean shares lose steam in late morning trade

South Korean stocks lost steam in late Tuesday trading as institutions turned net sellers after scooping up shares amid eased uncertainties. The won rose against the US dollar. The benchmark Korea C...

Updated : 2017.04.18 11:48

Foreigners snap up S. Korean bonds despite NK jitters

Foreign investors have boosted their won-denominated bond holdings so far this year, industry data showed Tuesday, despite growing tensions on the Korean Peninsula over North Korea's nuclear and miss...

Updated : 2017.04.18 10:16

Korean shares open higher on US gains

South Korean stocks opened higher Tuesday, tracking gains on Wall Street, amid eased market uncertainties. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index ...

Updated : 2017.04.18 09:45

PyeongChang 2018 signs KEB Hana Bank as main banking partner

Organizers of the 2018 PyeongChang Winter Games on Tuesday signed KEB Hana Bank as their main banking partner. The two sides recently wrapped up their negotiations that began in February and announc...

Updated : 2017.04.18 09:27

Corporate debt sales dip 25.4% in March over uncertainty

Debt sales by South Korean companies dipped 25.4 percent on-month in March, as economic uncertainties limited corporate borrowing, data showed Tuesday. Although South Korea's exports have been showi...

Updated : 2017.04.18 09:08

Seoul stocks rise 0.51% on institutional buying

South Korean stocks closed higher Monday as institutional buying offset foreign selling amid eased uncertainties following the United States' decision not to designate South Korea as a currency manip...

Updated : 2017.04.17 16:16

Korean shares extend gains in late morning trade

South Korean stocks extended gains late Monday morning as institutions increased their stock purchases on eased market uncertainties. The won rose against the US dollar. The benchmark Korea Composit...

Updated : 2017.04.17 11:40

Korean shares open higher on defensive stocks

South Korean stocks opened higher Monday as defensive stocks gained ground. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index gained 6.51 points, or 0.30 per...

Updated : 2017.04.17 09:43

Main creditor expects ‘good result’ in DSME shipyard talks

The main creditor bank of Daewoo Shipbuilding & Marine Engineering on Sunday expected a “good result” in talks with a major bondholder that will help the shipyard stay afloat. The state-run Korea ...

Updated : 2017.04.16 17:52

Korea's tax burden remains one of the lowest in OECD: data

South Korea's tax burden, which has steadily risen over the years, still remains among the lowest among the group of developed market economies with high income, data showed Sunday. Data by the Pari...

Updated : 2017.04.16 13:17

Seoul stocks end lower on rising geopolitical tension

South Korean stocks closed lower on Friday as investors sought safer assets amid the tension surrounding the Korean Peninsula, analysts said. The Korean won fell against the US dollar. The benchmark...

Updated : 2017.04.14 16:09

Banks' foreign currency deposits hit record high in March

Foreign currency deposits held by banks operating in South Korea hit a record high in March as exporters deposited their dollar-denominated earnings, central bank data showed Wednesday. Outstanding ...

Updated : 2017.04.14 13:03

Govt. to release fisheries stock during fishing prohibition period

The government said Friday it will release 6,700 tons of its fisheries stock starting next week to keep prices under control during the fishing prohibition period. The prohibition period began April...

Updated : 2017.04.14 12:57

Seoul shares trade lower in late morning trade

South Korean shares traded lower Friday morning as key blue chips continued to lose ground amid geopolitical concerns. The benchmark Korea Composite Stock Price Index dropped 11.35 points, or 0.53 p...

Updated : 2017.04.14 11:44