The Korea Herald

Sales of variable insurance policies more than double in Q1

Jul 13, 2017

Sales of variable insurance policies more than doubled in the first quarter of this year as local stock markets reported robust gains, industry data showed Thursday. The first premium for variable i...
Samsung Elec's market cap explodes to overtake secondary bourse

Jul 13, 2017

Samsung Electronics Co.'s market cap has grown to exceed that of the entire secondary bourse and more than make up for the company's erased stocks this year, data showed Thursday. The market cap of ...
Stocks open higher on Wall Street gains

Jul 13, 2017

South Korean stocks opened higher Thursday taking a cue from overnight Wall Street gains, led by tech and chemical shares. The benchmark Korea Composite Stock Price Index added 13.65 points, or 0.57...
Seoul stocks edge down on profit-taking

Jul 12, 2017

South Korean stocks closed slightly lower Wednesday on profit-taking after the key index hit a record-high in the previous session. The Korean won gained against the U.S. dollar. The benchmark Korea...
Korea's mobile stock trading rises amid growing smartphone penetration: data

Jul 12, 2017

South Korea's mobile stock trading has witnessed sharp gains in the past few years as the country emerged as having one of the highest smartphone penetration numbers in the world, industry data showe...
Korea's money supply up 6.1% in May: BOK

Jul 12, 2017

The money supply in South Korea jumped 6.1 percent in May from a year earlier, the central bank said Wednesday. The nation's M2 totaled 2,454.3 trillion won ($2.13 trillion) in May, compared with 2,...
Currency market volatility eases in June

Jul 12, 2017

Volatility in South Korea's currency markets eased in June from a month earlier as global financial markets were relatively stabilized, the central bank said Wednesday. The session-over-session chan...
Stocks open nearly flat as investors take breather

Jul 12, 2017

South Korean stocks opened nearly flat Wednesday as investors sought profit-taking after the market closed at a record-high level in the previous session. The benchmark Korea Composite Stock Price I...
Kospi inches closer to 2,400 closing mark

Jul 11, 2017

South Korea‘s top-tier stock market resumed its record run for an eighth trading day Tuesday, with its index inching closer to a closing mark of 2,400. The benchmark Korea Composite Stock Price Inde...
Lack of won convertibility prevents Korea’s upgrade: MSCI

Jul 11, 2017

The lack of convertibility of the local currency has stood in the way of South Korea’s reclassification into the Morgan Stanley Capital International’s developed market index. To Korea’s market over...
Korean stocks trade higher late Tuesday morning

Jul 11, 2017

South Korean stocks traded higher late Tuesday morning on the back of gains in technology firms and mobile carriers. The benchmark Korea Composite Stock Price Index added 8.53 points, or 0.36 percen...
Korea ranks 2nd among emerging markets in stock purchases by foreigners in H1: data

Jul 11, 2017

South Korea ranked second among emerging economies in the amount of stocks purchased by foreign investors during the first six months this year, market data showed Tuesday. Foreigners net bought $9 ...
Stocks open higher on steel, chemicals

Jul 11, 2017

South Korean stocks opened higher on the back of gains from steel and chemical shares Tuesday. The benchmark Korea Composite Stock Price Index added 2.29 points, or 0.1 percent, to 2,384.39 in the f...
US job data helps remove NK tension, tapering woes out of markets

Jul 10, 2017

South Korea‘s stock markets modestly gained Monday helped by robust job data of the United States that replaced geopolitical tension from North Korea’s missile launch and global tapering woes. The b...
[Monitor] Financial institutions’ profits from commission soar

Jul 10, 2017

Banks, insurers and card companies have charged a total of 59.9 trillion won in service fees since 2013, according to the Financial Supervisory Service in its report to the ruling Democratic Party of...