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Seoul shares open tad lower on large-cap lossesMarketsMay 31, 2017South 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.... -
Samsung Asset Management launches RIF to meet Korean needsMarketsMay 30, 2017Samsung 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 pensi... -
Seoul stocks down 0.39% on profit-takingMarketsMay 30, 2017South 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... -
![[Monitor] Professional women still paid less than men](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/05/30/20170530000912_0.jpg)
[Monitor] Professional women still paid less than menEconomyMay 30, 2017While the number of women professionals increased significantly in the past seven years, their average wage compared to men remained low, a report by the Korea Institute for Industrial Economics & Tr... -
Non-performing loans decline as shipbuilding restructuring nears endMarketsMay 30, 2017The 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 shipping... -
‘Kospi’s rally solely led by Samsung'MarketsMay 30, 2017A significant surge by the nation’s major market index was entirely driven by Samsung Electronics, and without the tech giant’s contribution, the benchmark index could have fallen, a study showed Tue... -
Tighter rules for home loans to apply to all mutual savings institutionsMarketsMay 30, 2017The financial regulator said Tuesday it will apply tighter rules for mortgage loans to all mutual savings institutions starting next month, in the latest step to control fast-growing household debt. ... -
Regulator to ease capital rules for insurers ahead of global accounting changeEconomyMay 30, 2017South Korea's financial regulator said Tuesday it will relax some capital rules and other technical standards for insurance firms to help them better cope with changes in global accounting rules. So... -
Rates for household loans inch down in AprilMarketsMay 30, 2017Bank lending rates on new household loans inched down in April and interest rates paid by banks on new deposits also fell, central bank data showed Tuesday. The average interest rates on fresh house... -
Korean shares down 0.72% in late morning trade on profit-takingMarketsMay 30, 2017South Korean stocks traded lower late Tuesday morning as foreign investors and institutions offloaded large-cap stocks in apparent move to lock in profits. The benchmark Korea Composite Stock Price ... -
Korean shares open higher on foreign, institution buyingMarketsMay 30, 2017South Korean stocks opened higher Tuesday on increased buying by foreigners and institutions. The benchmark Korea Composite Stock Price Index gained 1.03 points, or 0.04 percent, to 2,354.00 in the ... -
Public agencies‘ Q1 hiring undershoots targetEconomyMay 30, 2017South Korean public agencies' employment fell just short of their target in the first quarter of the year, data showed Tuesday, but they are expected to expand hiring for the rest of the year in line... -
Internet banking users up in Q1MarketsMay 30, 2017South Korea's Internet banking service rose at a fast clip in the first quarter with both the number of users and daily transactions reaching record highs, central bank data showed Tuesday. In the t... -
Bank federation calls for fintech deregulationMarketsMay 29, 2017The Korea Federation of Banks on Monday called on the incoming policymakers to steer clear of a set of regulations that it said have deterred local banks from dealing with the environment shift in fi... -
Seoul stocks down 0.10% on profit-takingMarketsMay 29, 2017South Korean stocks ended slightly lower Monday on increased selling by institutions. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index shed 2.33 points, or ...
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