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Seoul shares down on foreign, institutional selling

South Korean stocks traded lower late Thursday morning as foreign investors and institutions offloaded large-cap stocks in an apparent move to lock in profits. The benchmark Korea Composite Stock Pr...

Updated : 2017.06.01 13:48

Stocks open lower on profit-taking

South Korean stocks opened lower on Thursday, as investors attempted to cash in recent gains, but top market cap Samsung Electronics continued to build up gains. The benchmark Korea Composite Stock ...

Updated : 2017.06.01 09:40

Banks' Q1 capital ratio improves on reduced risky assets

South Korean banks saw their financial health improve slightly in the first-quarter of this year, helped by less exposure to risky assets, the financial regulator said Thursday. The average capital ...

Updated : 2017.06.01 09:25

Board member says BOK should keep monetary easing policy

South Korea's central bank should maintain the current monetary easing policy to support growth, a member of the Bank of Korea's monetary policy board said Wednesday. Koh Seung-beom made the case du...

Updated : 2017.05.31 18:32

[Monitor] Average W3.6tr traded via smartphone

The use and the amount of money traded via smartphone banking apps has continues to surge becoming a major transaction platform, the Bank of Korea’s data showed. As of the first quarter this year, ...

Updated : 2017.05.31 16:03

Kosdaq logs record highs for 2 straight days

South Korea’s tech-heavy stock market hit this year’s record high for two consecutive days, topping the 650 mark for the first time in more than seven months on Wednesday. The benchmark Korean Sec...

Updated : 2017.05.31 15:58

Mirae Asset Daewoo denies plan to acquire SK Securities

Mirae Asset Daewoo on Wednesday denied recent reports that the company is considering taking over SK Securities. A report on the previous day said that the company would push forward several takeove...

Updated : 2017.05.31 15:57

Lee Jung-hee to head Deloitte Anjin

Deloitte Anjin has named its new CEO Lee Jung-hee, who has been managing partner in Deloitte Tax group since 2010, the accounting firm said Wednesday. Lee will take the helm starting Thursday. The c...

Updated : 2017.05.31 15:45

KB Savings Bank to launch simplify sign-in service

KB Savings Bank will launch a simplified authorizing service next month, allowing users to access smartphone banking services without certificate verification or other security media. The service wi...

Updated : 2017.05.31 14:46

Korean institutional investment into foreign stocks, bonds hits new high

Investment by South Korean institutional investors into foreign bonds and stocks hit a record high at the end of March this year, official data showed Wednesday. The data suggested that appetite by ...

Updated : 2017.05.31 13:29

Seoul shares up in late morning trading

South Korean shares traded higher late Wednesday morning as foreign and institutional buyers scooped up big cap stocks amid a massive selling spree by individuals. The benchmark Korea Composite Stoc...

Updated : 2017.05.31 11:40

Seoul shares open tad lower on large-cap losses

South Korean stocks started marginally lower Wednesday mainly on the back of losses in top-listed firms, analysts said. The benchmark Korea Composite Stock Price Index inched down 3.55 points, or 0....

Updated : 2017.05.31 10:08

Samsung Asset Management launches RIF to meet Korean needs

Samsung Asset Management and Capital Group teamed up to launch Tuesday a set of retirement income funds, which they said are expected to “meet Korean retirement needs.” The RIFs mark the first pen...

Updated : 2017.05.30 16:35

Seoul stocks down 0.39% on profit-taking

South Korean stocks ended slightly lower Tuesday as foreign investors and institutions offloaded large-cap stocks in an apparent move to lock in profits. The Korean won fell against the US dollar. T...

Updated : 2017.05.30 16:06

Non-performing loans decline as shipbuilding restructuring nears end

The volume of non-performing loans have fallen to pre-global financial crisis levels following the completion of the government’s large-scale restructuring of Korea’s ailing shipbuilding and shippi...

Updated : 2017.05.30 15:26