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Samsung Biologics to remain top drug firm by market capSept 24, 2017The market value of South Korean biopharmaceutical maker Samsung BioLogics Co. surged during this year's stock rally and is forecast to further rise down the road thanks to its solid biosimilar busin... -
Citibank Korea reappoints current CEOSept 22, 2017Citibank Korea, the local branch of New York-based Citigroup, on Friday recommended current CEO Park Jin-hei as the sole candidate for the next term, officials said. Park is to assume his second ter... -
Shares extend downtrend amid US-N. Korea tensionSept 22, 2017Kospi, Kosdaq fall slightly, Samsung, SK hynix shares remain unfazed over tension -
Samsung Pay most favored mobile payment platform in Korea: surveySept 22, 2017Samsung Pay is the most favored mobile payment system in South Korea, a survey showed Friday. The mobile payment service run by Samsung Electronics Co. received the highest 3.78 points on the 1 to 5... -
US fiscal tightening to have little impact on Korea: BOK chiefSept 21, 2017The central bank said Thursday that the US Federal Reserve’s belt-tightening gesture should have a limited impact on Korea’s economy. “I do not think that the Fed’s decision will have a big impact o... -
Exim-Indonesia seek to expand infrastructure investmentSept 21, 2017Seeking to expand the investment opportunities of South Korean companies in the profitable Southeast Asian infrastructure market, the Export-Import Bank of Korea has hosted a forum to encourage busin... -
Seoul shares down for 3rd day on auto, steel lossesSept 21, 2017South Korean stocks closed lower Thursday, down for the third consecutive day, as auto and steel stocks retreated. The Korean won declined against the US dollar. The benchmark Korea Composite Stock ... -
Regulator seeks to lower interest rates for margin tradingSept 21, 2017South Korea's financial regulator said Thursday it will seek to lower interest rates for margin trading and enable more people to pay their insurance fees with credit cards. The plan is a part of th... -
KB Kookmin Card eyes Myanmar marketSept 21, 2017KB Kookmin Card Co. said Thursday it is pushing to tap into Myanmar's credit card market after getting the nod to set up an office in the Southeast Asian country. KB Kookmin Card, a unit of South Ko... -
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 ...
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