SEOUL, April 12 (Yonhap) -- Foreign investors unloaded more than 3.5 trillion won (US$3.12 billion) worth of South Korean stocks in March to remain net sellers for the fourth consecutive month, dat...
08:15 Apr. 12
SEOUL, April 9 (Yonhap) -- Foreign investors remained net sellers of South Korean stocks for a fourth month in March on profit-taking and rising U.S. long-term interest rates, central bank data sho...
12:00 Apr. 09
SEOUL, April 9 (Yonhap) -- Bond issuance in South Korea shrank in March from the previous month due mainly to a tumble in corporate debt sales, industry data showed Friday.
The value of bonds so...
10:49 Apr. 09
SEOUL, April 9 (Yonhap) -- The state-run Korea Depository Insurance Corp. (KDIC) said Friday it sold a 2 percent stake in Woori Financial Holdings Co. as part of efforts to recoup taxpayer money in...
10:17 Apr. 09
SEOUL, April 8 (Yonhap) -- Sales of short-term corporate bonds in South Korea sank more than 7 percent in the first quarter of the year amid the coronavirus pandemic, data showed Thursday.
Local...
13:43 Apr. 08
SEOUL, April 8 (Yonhap) -- Fitch Ratings has raised the rating outlooks on Hyundai Motor Co. and Kia Corp. to stable from negative due to improved product mix and profitability, the ratings firm sa...
09:34 Apr. 08
SEOUL, April 7 (Yonhap) -- The South Korean economy sees its slumps easing as the manufacturing sector has continued to improve on the back of robust exports, a state-run think tank said Wednesday....
12:00 Apr. 07
(ATTN: ADDS more details in last 2 paras)
SEOUL, April 6 (Yonhap) -- South Korea's national debt grew by the largest-ever amount last year as the country implemented expansionary fiscal spending to...
14:34 Apr. 06
SEOUL, April 6 (Yonhap) -- South Korea's national debt grew by the largest-ever amount last year as the country implemented expansionary fiscal spending to tackle the fallout of the pandemic, the f...
10:00 Apr. 06
SEOUL, April 5 (Yonhap) -- Daily transactions of internet banking services in South Korea rose 20.6 percent last year as customers preferred using financial services in a non-contact manner amid th...
12:00 Apr. 05
SEJONG, April 5 (Yonhap) -- South Korea's household debt has been rising faster than that in most major economies to reach nearly 100 percent of its gross domestic product (GDP), a report showed Mo...
08:21 Apr. 05
SEOUL, April 5 (Yonhap) -- South Korea's foreign reserves declined in March as the U.S. dollar's strength reduced the value of non-dollar assets, central bank data showed Monday.
The nation's fo...
06:00 Apr. 05
SEOUL, April 2 (Yonhap) -- Loans extended by insurance companies in South Korea rose 7.8 percent on-year last year, led by increases in home-backed lending and corporate loans, the financial watchd...
15:10 Apr. 02
SEOUL, April 2 (Yonhap) -- South Korea's major banks saw their mortgage loans grow at a brisk pace in March despite higher lending rates, industry data showed Friday.
The nation's five major len...
08:31 Apr. 02
SEOUL, April 1 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$12.8 billion) in state bonds next month, the finance ministry said Thursday.
The ministry will issue 3 trillion won in ...
17:00 Apr. 01
SEOUL, April 1 (Yonhap) -- K-Bank, South Korea's first internet-only bank, said Thursday its customers and deposits grew exponentially in the first quarter of the year amid the coronavirus outbreak...
10:44 Apr. 01
SEOUL, March 31 (Yonhap) -- Finance Minister Hong Nam-ki has forecast domestic demand and the job market will gradually improve as the country is on a recovery track amid the pandemic, the finance ...
10:09 Mar. 31
SEOUL, March 30 (Yonhap) -- South Korea will lower the maximum interest rate starting in July as part of efforts to ease financial burdens on low-income people, the financial regulator said Tuesday...
10:51 Mar. 30
By Kim Soo-yeon
SEOUL, March 30 (Yonhap) -- South Korea said Tuesday it plans to maintain an expansionary fiscal policy next year to underpin an economic recovery from the pandemic, but it will als...
10:00 Mar. 30
SEOUL, March 26 (Yonhap) -- South Korea plans to sell 6 trillion won (US$7.1 billion) worth of Treasury bills next month in a bid to repay maturing debt, the finance ministry said Friday.
The bi...
15:00 Mar. 26