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Seoul shares open higher despite Wall Street losses

South Korean stocks opened higher on Tuesday despite overnight Wall Street losses, analysts said. The benchmark Korea Composite Stock Price Index gained 9.33 points, or 0.4 percent, to 2,163.05 in t...

Updated : 2017.06.13 09:28

Seoul stocks drop 1% on Wall Street losses

South Korean stocks ended lower Monday as foreign investors and institutions cashed in recent gains following overnight Wall Street losses, analysts said. The Korean won fell against the US dollar. ...

Updated : 2017.06.12 17:04

Stocks related to Alzheimer’s withstand Kospi slide

Stocks related to Alzheimer‘s disease remained high despite a slide in the main bourse index Monday, on the back of President Moon Jae-in’s fresh policy initiative to invest some 2 trillion won ($1...

Updated : 2017.06.12 16:51

Mobile payment competition heats up

The Korean mobile payment market, currently dominated by Samsung Pay, is predicted to heat up as more rivals are considering joining the race. Samsung Electronics’ payment service Samsung Pay, whic...

Updated : 2017.06.12 15:48

Korean shares retreat on Wall Street losses

South Korean shares retreated late Monday morning from the previous session, tracking an overnight decline on Wall Street. The benchmark Korea Composite Stock Price Index shed 19.98 points, or 0.84 ...

Updated : 2017.06.12 11:46

Top 30 biz groups' retained earnings hit record high

South Korea's top 30 business groups saw their cash reserves hit an all-time high in March as they remained reluctant to invest or hire amid the country's sluggish economy, data showed Monday. The c...

Updated : 2017.06.12 09:59

Top 10 caps take up 37% of stock market value

South Korea's 10 most valuable companies account for nearly 37 percent of the country's stock market capitalization, but the portion has inched down this year, data showed Monday. The combined marke...

Updated : 2017.06.12 09:53

Stocks open lower on profit-taking

South Korean stocks opened lower Monday as investors continued to take a breather amid the recent rally on the main bourse. The benchmark Korea Composite Stock Price Index dipped 10.66 points, or 0....

Updated : 2017.06.12 09:33

Gap in housing prices widens among Korean cities

Housing prices in major metropolitan cities in South Korea have soared so far this month on-year, showing a stark contrast to drops in provincial regions, data showed Sunday. Busan, the second-large...

Updated : 2017.06.11 15:57

Korea's trade surplus with US drops for 13th straight month

South Korea's trade surplus with the United States has been on a steady decline for the past 13 months amid the Seoul government's efforts to reduce the imbalance, customs data showed Sunday. A trad...

Updated : 2017.06.11 10:10

[Photo News] Kospi closes at a new record high

Dealers are seen in front of an electronic board showing Kospi closing at a record high of 2,381.69 at a KEB Hana Bank branch in Seoul, Friday. (Yonhap)

Updated : 2017.06.09 16:55

Seoul stocks advance to record high amid receding uncertainties

South Korean stocks closed at a record high Friday as investors' sentiment was boosted by receding global uncertainties, analysts said. The Korean won fell against the US dollar. The benchmark Korea...

Updated : 2017.06.09 16:44

Korean shares trade higher in late morning trade

South Korean stocks traded higher late Friday morning, setting a new record during the session. The benchmark Korea Composite Stock Price Index (Kospi) shot up 19.92 points, or 0.84 percent, to 2,38...

Updated : 2017.06.09 11:50

Investment advisory firms suffer 85% drop in 2016 fiscal year profit

The combined net profit of 162 investment advisory firms in South Korea plunged 85 percent on year in the 2016 fiscal year, hit by a sharp decline in commission fees and new contracts, data showed Fr...

Updated : 2017.06.09 09:57

Stocks open higher on tech, steel

South Korean stocks opened higher Friday on the back of strong gains in technology firms and steelmakers. The benchmark Korea Composite Stock Price Index advanced 8.65 points, or 0.37 percent, to 2,...

Updated : 2017.06.09 09:54