#JP Morgan CEO
Finance
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#foreign reservesForeign reserves down in May on strong dollar
SEOUL, June 5 (Yonhap) -- South Korea's foreign reserves fell in May as the dollar's ascent cut the conversion value of holdings in other currencies, central bank data showed Monday. The country... 06:00 Jun. 05 -
#bank earningsBanks' Q1 net up 24 pct on higher interest income related article
SEOUL, June 2 (Yonhap) -- South Korean banks saw their first-quarter net profit rise 24 percent from a year earlier on higher interest and non-interest income, preliminary data showed Friday. T... 17:02 Jun. 02 -
#BOK(LEAD) S. Korea's economy grows 0.3 pct in Q1, unchanged from earlier estimate: BOK data related article
(ATTN: ADDS more details in last 2 paras) SEOUL, June 2 (Yonhap) -- South Korea's economy grew 0.3 percent in the first quarter of this year, unchanged from an earlier estimate, largely thanks to a... 09:36 Jun. 02 -
#Q1 GDP
S. Korea's economy grows 0.3 pct in Q1, unchanged from earlier estimate: BOK data related article
SEOUL, June 2 (Yonhap) -- South Korea's economy grew 0.3 percent in the first quarter of this year, unchanged from an earlier estimate, largely thanks to a sustained recovery in private spending am... 08:00 Jun. 02 -
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#FSSFSS chief vows to eradicate unfair trading in financial markets related article
SEOUL, June 1 (Yonhap) -- The chief of the state financial regulator on Thursday vowed to eradicate unfair trading practices to increase the credibility of the financial markets. Lee Bok-hyun, ... 17:50 Jun. 01 -
#FSSFinancial authorities to provide support for massive home rental scam victims related article
SEOUL, June 1 (Yonhap) -- South Korea's financial authorities said Thursday they will provide a set of financial support measures to offer interest-free and low-interest loans to victims of a massi... 16:49 Jun. 01 -
#foreign securitiesInstitutions' foreign securities holdings up 1.3 pct in Q1
SEOUL, June 1 (Yonhap) -- South Korean institutions' investment in foreign securities increased 1.3 percent in the first quarter of the year on the back of an advance in the value of overseas stock... 12:00 Jun. 01 -
#capital ratio
Banks' average capital ratio rises in Q1 related article
SEOUL, June 1 (Yonhap) -- South Korean banks saw their financial health improve in the first quarter from three months earlier thanks to their quarterly net profit and additional bond issuance, dat... 12:00 Jun. 01 -
#bank
Banks' bad loans up in Q1 on rise in household loans related article
SEOUL, May 30 (Yonhap) -- South Korean banks' nonperforming loans expanded in the first quarter from three months earlier on a rise in household loans, data showed Tuesday. Loans classified as s... 16:09 May. 30 -
#GDPS. Korea's household debt to GDP at highest level among 34 economies
SEOUL, May 29 (Yonhap) -- South Korea's household debt-to-gross domestic product (GDP) ratio stood at the highest level among 34 major economies in the first quarter, global financial data showed M... 11:30 May. 29 -
#foreign buyingForeign purchases of tech, auto stocks amount to over 16 tln won this year
SEOUL, May 29 (Yonhap) -- Foreign purchases of South Korean tech and auto stocks have reached over 16 trillion won (US$12 billion) so far this year, according to the Korea Exchange on Monday. Fo... 10:50 May. 29 -
#Woori BankWoori Financial picks new CEO for banking unit related article
SEOUL, May 26 (Yonhap) -- Woori Financial Group, a major South Korean banking group, said Friday that it has selected the head of its nonbanking financial firm as the new CEO for its flagship banki... 17:05 May. 26 -
#household loans
Household loans up for 1st time in 8 months on increased policy financing related article
SEOUL, May 25 (Yonhap) -- Household loans increased for the first time in eight months in April due to an increase in home mortgage loans issued by policy financing, data showed Thursday. House... 20:08 May. 25 -
#BOK(4th LD) BOK again stands pat on rate, trims growth estimate amid slowdown woes related article
(ATTN: ADDS BOK chief's remarks in paras 5-6, 8, 10, details in paras 17-18) SEOUL, May 25 (Yonhap) -- South Korea's central bank held its key interest rate steady for the third straight time Thurs... 14:00 May. 25 -
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#BOK(3rd LD) BOK again stands pat on rate, trims growth estimate amid slowdown woes related article
(ATTN: ADDS more details in paras 4-5, last 8 paras) SEOUL, May 25 (Yonhap) -- South Korea's central bank held its key interest rate steady for the third straight time Thursday as it trimmed this y... 10:57 May. 25
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Prices of clothes, shoes increase at fastest pace in 31 yrs in May -
Air passengers rise 24 pct on-year in May amid return to pre-pandemic normalcy -
S. Korea's 5G users top 30 mln in April: data -
JP Morgan CEO visits Seoul after 5 years -
Samsung Biologics to start operation of new facilities in April 2025
News Focus
Economy/Finance
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Success of Nuri launch verifies S. Korean capabilities for space transportation -
Nurses, doctors clash over controversial nursing act -
Samsung, LG likely to enter market-moving OLED supply deal -
Samsung faces serious competitor in fast growing foldable phone market -
FTC approval clears way for Hanwha's DSME takeover, though challenges remain
