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Seoul shares down late Thursday morningSept 21, 2017South Korean shares traded lower late Thursday morning driven by losses in auto and steel shares. The benchmark Korea Composite Stock Price Index shed 5.58 points, or 0.23 percent, to 2,406.62 as of... -
Financial regulator vows flexible rules to help fintech industry growthSept 21, 2017The head of the Financial Supervisory Service said Thursday the regulator seeks to build an innovation-friendly financial environment to help the growth of the financial technology industry. Choe He... -
Pharmaceuticals, biotechs soar on US rallySept 21, 2017South Korean pharmaceuticals and biotech stocks have gone on a tear this year on the back of a biotech rally on the US NASDAQ market, data showed Thursday. The main stock market's subindex for the p... -
Seoul shares open lower after Fed meetingSept 21, 2017South Korean stocks opened slightly lower Thursday, as the US Federal Reserve hinted at the chance of a December interest rate hike. The benchmark Korea Composite Stock Price Index shed 1.87 points,... -
Seoul stocks down ahead of US Fed policy statementSept 20, 2017South Korean stocks ended lower Wednesday as investors took a wait-and-see stance before the results of the US Federal Reserve's policy meeting, analysts said. The Korean won rose against the US doll... -
Seoul shares down late Wednesday morningSept 20, 2017South Korean stocks traded slightly lower late Wednesday morning as investors took to the sidelines awaiting the results of the US Federal Reserve meeting. The benchmark Korea Composite Stock Price ... -
Seoul shares open slightly higher on Wall Street gainsSept 20, 2017South Korean stocks opened slightly higher Wednesday, following overnight gains on Wall Street. The benchmark Korea Composite Stock Price Index added 1.9 points, or 0.08 percent, to 2,417.95 in the ... -
Samsung BioLogics tops Swiss drug giant Lonza in market capSept 20, 2017South Korean biopharmaceutical maker Samsung BioLogics Co. has overhauled Swiss drug behemoth Lonza in terms of market value though its sales remain dwarfed by the latter's top line, industry sources... -
Seoul stocks end almost flat amid profit-takingSept 19, 2017South Korean stocks finished almost flat Tuesday as investors attempted to lock in recent gains, analysts said. The Korean won lost ground against the US dollar. The benchmark Korea Composite Stock ... -
S. Korea to assure credibility of economy during NY summitSept 19, 2017Finance Minister Kim Dong-yeon set to meet with foreign investors in New York amid heightend tensions over North Korea threats. -
Seoul shares down in late morning on tech lossesSept 19, 2017South Korean stocks traded lower late Tuesday morning as institutions and foreigners offloaded large-cap tech stocks in an apparent move to lock in profits, analysts said. The benchmark Korea Compos... -
Seoul shares open tad lower despite Wall Street rallySept 19, 2017South Korean stocks opened slightly lower Tuesday despite an overnight Wall Street rally as investors sought to lock in recent gains, analysts said. The benchmark Korea Composite Stock Price Index i... -
Seoul stocks hit over 6-week high, Samsung at new record highSept 18, 2017South Korean stocks rallied more than 1 percent Monday, finishing at their highest level in more than six weeks, as Samsung Electronics, the country's top market cap, surged on the back of an upbeat ... -
Hyundai Life Insurance cuts one-third of staffSept 18, 2017Hyundai Life Insurance, an insurance unit of South Korea's Hyundai Motor Group, has recently cut a third of its employees due to mounting debt, an industry source said Monday. The insurance firm has... -
Seoul stocks up late Monday morning on Wall Street gainsSept 18, 2017South Korean stocks traded higher late Monday morning, hitting their highest level in more than a month, as they tracked gains on Wall Street. The benchmark Korea Composite Stock Price Index increas...
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