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Korea to add two more internet-only banksMarketsDec 23, 2018South Korea’s financial authorities announced Sunday plans to introduce at most two internet-only banks within the next two years, in an apparent move to ramp up competition in a market in the course... -
Capital raised through IPO lowest in 5 yearsMarketsDec 23, 2018The annual volume of capital raised through initial public offerings in the South Korean stock market this year is expected to mark the lowest in five years, amid volatile sessions throughout 2018 du... -
Authorities vow closer watch on US rate hike repercussionMarketsDec 20, 2018South Korea’s central bank has vowed closer monitoring in domestic financial markets to brace for potential volatile capital flows following a US rate hike Wednesday, while the financial watchdog rev... -
Rate differentials have minor impact on foreign bond capital outflow: BOKMarketsDec 19, 2018The interest rate differentials between the United States and South Korea have had a negligible effect on the outflow of foreign capital from the domestic bond market, showed a study by Korea’s centr... -
BOK chief warns of risk, lack of driver of economic growthEconomyDec 19, 2018The head of South Korea’s central bank on Tuesday warned of persisting internal and external risks in Asia’s fourth-largest economy and the lack of a driver for economic growth other than semiconduct... -
Short-term bond yield inches closer to base rateMarketsDec 17, 2018South Korea’s short-term sovereign bond yield has hovered just above the base rate, due to lingering market impact from the government’s plan to repurchase bonds before maturity and market uncertaint... -
Lotte to sell off private financing unitMarketsDec 17, 2018Lotte Group is poised to sell its financing unit Lotte Capital and discuss the matter in the respective board of directors meetings of its shareholding Lotte subsidiaries this week, according to a ne... -
Delisting of pharma firm sparks debate on market fairnessMarketsDec 16, 2018The South Korean market operator’s decision to delist a local pharmaceuticals company is raising questions about the fairness in authorities’ action against firms accused of accounting errors, with i... -
Korean stock market on bull run on signs of trade war thawMarketsDec 13, 2018South Korea’s stock market benchmark indexes were moderately higher Thursday on signs of abating trade strife between the United States and China. The top-tier benchmark Kospi inched up 0.6 percent ... -
Korean golf course operator hits price ceiling on Jim Rogers nomination newsMarketsDec 11, 2018A listed South Korean golf course operator with a track record of doing business in North Korea hit the price ceiling Tuesday on anticipation that US business guru Jim Rogers had been nominated as th... -
Kyobo Life Insurance seeks to go public next yearMarketsDec 11, 2018Kyobo Life Insurance, South Korea’s third-largest life insurance firm by total assets, announced Tuesday it would seek an initial public offering by the second half of next year to raise capital in t... -
KRX lifts suspension of Samsung BioLogics stock tradingMarketsDec 10, 2018The Korea Exchange, South Korea’s sole securities market operator, decided Monday to resume transactions of Samsung BioLogics shares, about a month after the company was slapped with a trading suspen... -
Woori Bank opens 4th foreign banking centerMarketsDec 10, 2018Woori Bank, South Korea’s fourth-largest commercial bank by total assets, has opened its fourth foreign banking center in Gimpo, Gyeonggi Province, according to the bank on Monday. A foreign banking... -
Foreign flight from Korean securities market wanes in Nov.MarketsDec 10, 2018Foreign investors’ flight from the Korean securities market eased by the end of November, followed by signs of relief in stock performances, monthly data showed Monday. Foreign investors net purchas... -
KRX to discuss fate of troubled Samsung BioLogics this weekMarketsDec 9, 2018The Korea Exchange, the operator of the nation’s equity market, seeks to review this week the accounting misconduct of the country’s second-largest biotech company by market cap, which could result i...
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03S. Korea reports 123 more coronavirus cases, 4th death
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S. Korea confirms sixth virus death04
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05S. Korea raises virus alert level to 'highest' as cases spike
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