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Foreign banks' net income falls 32 % in Korea

The local branches of foreign banks in South Korea suffered a sharp drop in their net profits last year on decreased interest income, the financial watchdog said Tuesday. They posted 764.9 billion w...

Updated : 2017.03.14 09:08

Small-cap stocks fluctuate despite political irrelevance

South Korean small-cap stocks, previously rumored to have connections to presidential hopefuls, showed severe fluctuations Monday, even after they publicly disclosed that they were not actually linke...

Updated : 2017.03.13 17:02

Individual savings account fever subsides

The popularity of individual savings accounts has apparently withered here on lower-than-expected rates of return, a year after the much-hyped debut of the investment vehicle, data showed Monday. Th...

Updated : 2017.03.13 16:14

Seoul stocks vault to an almost 2-year high on eased uncertainties

South Korean stocks rose to the highest level in almost two years on Monday on increased risky appetites following eased political chaos in Asia's fourth-largest economy and sound economic data in th...

Updated : 2017.03.13 16:13

Korean stocks up more than 1% in late morning trade

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

Updated : 2017.03.13 11:32

Regulator warns of new-type cyber threats to financial networks

A top South Korean regulator called Monday for more efforts to protect the country's financial networks amid concern about possible cyber attacks especially by North Korea. The military has already ...

Updated : 2017.03.13 11:30

Majority of Korean firms expect worse conditions, plan to cut investment in US

A majority of South Korean businesses in the United States expect additional difficulties down the road due to what many view as protectionist trade policies of the new US administration, a survey sh...

Updated : 2017.03.13 11:28

Korean shares open higher on eased political uncertainties

South Korean stocks opened higher Monday on eased political uncertainties following the ouster of President Park Geun-hye over a corruption scandal. The benchmark Korea Composite Stock Price Index r...

Updated : 2017.03.13 09:46

Korea's stock market volatility at lowest level

South Korea's stock market posted the lowest level of price swings in the first two months of the year, data showed Monday. It indicates that the stock trade here was relatively lackluster with the ...

Updated : 2017.03.13 09:44

Seoul remains steadfast in ensuring post-impeachment market stability

South Korea's financial authorities reaffirmed on Sunday that they will remain vigilant to ensure market stability and stave off any fallout from the ouster of President Park Geun-hye. The Constitut...

Updated : 2017.03.12 16:09

Stock market gains less than 4% under Park's term

South Korea's stock market advanced by less than 4 percent under former President Park Geun-hye's truncated administration period, far lagging behind other foreign rivals' performances, hit by a slum...

Updated : 2017.03.12 14:38

Korea to expand financing of int'l infrastructure projects

South Korea will expand participation in overseas infrastructure projects co-financed by international development banks to help its businesses tap more deeply into developing countries, the finance ...

Updated : 2017.03.12 12:47

Regulators tighten monitoring of market risks

South Korea's financial authorities agreed Saturday to tighten real-time monitoring of banks' foreign exchange liquidity and other market risks, as the country earnestly prepares for a presidential e...

Updated : 2017.03.11 13:52

Korea's currency value not to be swayed by US blacklist

Even if the US designates South Korea a currency manipulator, it won't lead to a significant appreciation of the won's value, a private think tank here said Saturday. The Woori Finance Research Inst...

Updated : 2017.03.11 13:50

Seoul shares forecast to face increased volatility next week

South Korean shares are expected to face increased volatility next week as the US Federal Reserve is set to decide interest rates and a set of other major events are in store, analysts said Saturday....

Updated : 2017.03.11 13:50