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Stock funds suffer outflows for 8th consecutive sessionMay 18, 2017South Korea's stock funds suffered outflows for an eighth straight trading session on profit-taking as the benchmark stock index stayed in a tight range, data showed Thursday. After touching its hig... -
Two big debutants fare ill on stock marketMay 18, 2017Shares of the two latest big debutants on South Korea's stock market -- Netmarble Games Corp. and ING Life Insurance Korea -- have tumbled well below their issue price as investors are leery of earni... -
Seoul shares open lower on US lossesMay 18, 2017South Korean stocks got off to a weak start Thursday, tracking their US peers that ended bearish amid intensifying political turmoil surrounding President Donald Trump's alleged interference with a f... -
Seoul shares down 0.1% on lack of momentumMay 17, 2017South Korean stocks inched down Wednesday as there was no fresh lead to drive the market following a recent rally, analysts said. The local currency fell against the US dollar. The benchmark Korea C... -
K-Bank meets 76% of deposit target in 45 daysMay 17, 2017K-Bank, South Korea's first Internet-only bank, said Wednesday it has achieved 76 percent of its full-year target of attracting deposits just 45 days after launching operations. K-Bank, which was la... -
Citibank Korea to turn 300 contract positions permanentMay 17, 2017Some 300 contract employees of Citibank Korea will unconditionally become full-time within 2017, the bank said Tuesday. The benefiting employees are office clerks and bank tellers, currently under u... -
Banks' daily FX turnover up 11.9% in Q1May 17, 2017The daily foreign exchange turnover by local and foreign banks in South Korea rose 11.9 percent in the first quarter from the previous quarter, the central bank said Wednesday. The daily FX turnover... -
Seoul shares down 0.14% in late-morning tradeMay 17, 2017South Korean stocks traded 0.14 percent lower late Wednesday morning, led by losses in brokerage and utility firms, analysts said. The benchmark Korea Composite Stock Price Index slipped 3.25 points... -
Credit card spending soars 13.7% in MarchMay 17, 2017South Korea's credit card spending jumped nearly 14 percent in March from a year ago on higher oil prices and a rise in the number of outbound travelers, data showed Wednesday. Credit card purchases... -
Foreign investors remain net buyers of local stocks for 5th monthMay 17, 2017Foreign investors remained net buyers of South Korean stocks for the fifth consecutive month in April, government data showed Wednesday. Offshore investors bought a net 1.26 trillion won ($1.12 bill... -
Seoul shares open lower on steelmaker, insurer lossesMay 17, 2017South Korean stocks opened lower Wednesday, driven by a fall in major steelmakers and insurance companies, analysts said. The benchmark Korea Composite Stock Price Index was down 6.01 points, or 0.2... -
Moody’s maintains negative outlook on Korean banksMay 16, 2017Credit ratings agency Moody’s maintained a negative outlook on the South Korean banking industry, citing worsening business environment amid weak domestic consumer sentiment and banks’ asset quality.... -
Optimism abounds for Kospi rallyMay 16, 2017Expectations of strong policy drives by President Moon Jae-in are leading to forecasts of a further Kospi rally and a stronger local currency, offsetting rising worries about geopolitical risks. The... -
FSS disciplines stock brokers for illegal short-sellingMay 16, 2017The Financial Supervisory Service issued last Thursday a disciplinary warning on stock brokers for short selling using insider information, the regulator said Monday. The FSS said a team of stock tr... -
![[Photo News] Sejong expects to see a real estate boon](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/05/16/20170516000919_0.jpg)
[Photo News] Sejong expects to see a real estate boonMay 16, 2017
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