SEOUL, June 5 (Yonhap) -- JP Morgan Chase & Co. CEO Jamie Dimon met with heads of South Korea's sovereign wealth fund and other major financial institutions to discuss investment opportunities and ...
17:50 Jun. 05
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
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
(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
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
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
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
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
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
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
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
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
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
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
(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
(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