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Kospi hits record-high, offsets strong dollarMay 4, 2017South Korea’s first-tier stock market hit a fresh record high Thursday, offsetting a strong US dollar on the back of eased global uncertainties and strong foreign buying. The benchmark Korea Compos... -
Korean shares turn higher on foreign buyingMay 4, 2017South Korean stocks turned higher late Thursday helped by increased buying by foreign investors. The benchmark Korea Composite Stock Price Index rose 13.02 points, or 0.59 percent, to 2,232.69 as of... -
Kospi hits record-high in morning tradeMay 4, 2017South Korea’s first-tier stock market index hit an all-time high about five minutes after the market opened Thursday. The benchmark Korea Composite Stock Price Index recorded 2,232.98 at around 9:0... -
Samsung's presence on main bourse to fall on cancellation of treasury sharesMay 3, 2017Samsung Electronics Co.'s presence on the main bourse is anticipated to edge down after the company completes its plan to cancel its treasury shares, market watchers said Wednesday. NH Investment & ... -
Stocks trade higher again, despite afternoon lossesMay 2, 2017Stocks in South Korea’s main bourse traded higher again, though earlier sharp gains evaporated in the afternoon Tuesday. The benchmark Korea Composite Stock Price Index ended at 2,219.67 on Tuesday,... -
Regulations threaten to hold up blockchain's progress in KoreaMay 2, 2017Financial authorities in South Korea have yet to decide on whether to exempt blockchain technology from regulations on financial privacy, which may hurt Korea’s move to pursue the fintech-led fourth ... -
Seoul stocks close higher on blue chip gainsMay 2, 2017South Korean stocks closed higher on robust gains of blue chip shares, including market behemoth Samsung Electronics, analysts said Tuesday, posting the second-highest closing figure. The Korean won ... -
Foreigners' Korean bond holdings again surpass W100trMay 2, 2017Foreign investors have snapped up South Korean bonds with their holdings exceeding 100 trillion won ($88.6 billion) again, industry data showed Tuesday. Offshore investors were net buyers of South K... -
‘Moon’s dovish stance may lift credit standing’May 2, 2017North Korea policies proposed by Moon Jae-in, the front-runner in South Korea’s presidential race, may have a positive impact on the sovereign credit rating of the fourth-largest economy in Asia, sai... -
Korean stocks trade higher in late morning tradingMay 2, 2017South Korean stocks traded higher late Tuesday morning on the back of the robust gains of major blue-chip shares. The benchmark Korea Composite Stock Price Index rose 21.66 point, or 0.98 percent, t... -
Banks' Q1 profits surge to 6-year highMay 2, 2017The combined net profit of South Korean banks for the first quarter of this year surged to a six-year high, thanks to a rise in interest income and a decline in loan-loss provisions, government data ... -
Stocks open higher on tech, financial sharesMay 2, 2017South Korean stocks opened higher Tuesday on the back of robust gains by tech and financial shares. The benchmark Korea Composite Stock Price Index rose 15.23 points, or 0.69 percent, to 2,220.67 in... -
Over 200 children have large bank accountsMay 2, 2017More than 200 South Korean children aged 7 to 13 have bank accounts with a balance of 100 million won ($88,000) or higher, with their average balance hovering well above the mean of local households'... -
Study shows 88% of financial firms threatened by clout of fintechMay 1, 2017Nearly 90 percent of financial firms worldwide said their businesses are at risk from rapidly expanding fintech rivals and they fear losing revenue to the financial innovators, according to a new stu... -
![[Monitor] Gap widens between net interest income of households and banks](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/05/01/20170501000935_0.jpg)
[Monitor] Gap widens between net interest income of households and banksMay 1, 2017The household net interest income has recorded a deficit for the first time since 1975, while that of local banks has shown an increase last year. According to the Bank of Korea, total household int...
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